Harbor Capital Advisors Inc. Makes New Investment in Sila Realty Trust, Inc. (NYSE:SILA)

Harbor Capital Advisors Inc. purchased a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 274,770 shares of the company’s stock, valued at approximately $6,949,000. Harbor Capital Advisors Inc. owned approximately 0.50% of Sila Realty Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Realta Investment Advisors purchased a new position in Sila Realty Trust in the 3rd quarter worth $295,000. Private Wealth Group LLC purchased a new position in shares of Sila Realty Trust in the third quarter worth about $203,000. Creative Financial Designs Inc. ADV purchased a new position in shares of Sila Realty Trust in the third quarter worth about $1,029,000. ADE LLC purchased a new stake in Sila Realty Trust during the 3rd quarter valued at about $342,000. Finally, Capstone Triton Financial Group LLC bought a new position in Sila Realty Trust during the 3rd quarter worth approximately $217,000.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on SILA. Truist Financial started coverage on Sila Realty Trust in a research report on Monday, October 7th. They issued a “buy” rating and a $29.00 price objective for the company. Janney Montgomery Scott assumed coverage on shares of Sila Realty Trust in a research report on Thursday, October 3rd. They set a “buy” rating and a $28.00 price target for the company.

Sila Realty Trust Stock Down 1.1 %

SILA opened at $24.91 on Friday. Sila Realty Trust, Inc. has a one year low of $7.45 and a one year high of $26.50. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.24 and a quick ratio of 2.24. The firm’s 50 day simple moving average is $25.17.

Sila Realty Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a dividend of $0.1333 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.42%.

Sila Realty Trust Profile

Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams.