Harbor Capital Advisors Inc. Purchases 46,679 Shares of Sila Realty Trust, Inc. $SILA

Key Points

• Harbor Capital Advisors Inc. has increased its stake in Sila Realty Trust, Inc. by 10.9%, acquiring 46,679 shares during the second quarter, bringing its total holdings to 475,265 shares valued at approximately $11.25 million.
• Sila Realty Trust announced a quarterly dividend of $0.40, yielding 6.3%, with a total annual dividend payout ratio of 231.88%.
• The company's stock currently has a market cap of $1.39 billion and a price-to-earnings ratio of 36.64, with its share price trading at around $25.28.

Harbor Capital Advisors Inc. raised its holdings in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 10.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 475,265 shares of the company's stock after buying an additional 46,679 shares during the quarter. Harbor Capital Advisors Inc. owned about 0.86% of Sila Realty Trust worth $11,250,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in shares of Sila Realty Trust in the 4th quarter valued at approximately $12,625,000. Millennium Management LLC boosted its position in Sila Realty Trust by 114.4% during the first quarter. Millennium Management LLC now owns 607,111 shares of the company's stock valued at $16,216,000 after purchasing an additional 323,917 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of Sila Realty Trust by 25,141.8% in the 1st quarter. Jane Street Group LLC now owns 224,904 shares of the company's stock valued at $6,007,000 after purchasing an additional 224,013 shares in the last quarter. WPG Advisers LLC acquired a new position in Sila Realty Trust during the 1st quarter worth about $4,291,000. Finally, Punch & Associates Investment Management Inc. boosted its stake in Sila Realty Trust by 14.5% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 1,064,088 shares of the company's stock valued at $28,422,000 after purchasing an additional 134,454 shares during the last quarter.

Sila Realty Trust Trading Down 0.9%

NYSE SILA traded down $0.24 during trading on Friday, hitting $25.86. 825,087 shares of the company's stock traded hands, compared to its average volume of 238,862. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.93 and a quick ratio of 0.93. The stock has a fifty day moving average of $25.05 and a two-hundred day moving average of $25.14. The firm has a market cap of $1.43 billion, a P/E ratio of 37.48 and a beta of 0.01. Sila Realty Trust, Inc. has a 12-month low of $22.52 and a 12-month high of $27.50.

Sila Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were given a $0.40 dividend. The ex-dividend date was Thursday, August 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.2%. Sila Realty Trust's dividend payout ratio is 231.88%.

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.