Harbor Capital Advisors Inc. Raises Stock Position in Sila Realty Trust, Inc. (NYSE:SILA)

Harbor Capital Advisors Inc. lifted its holdings in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 2.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 428,586 shares of the company's stock after buying an additional 10,673 shares during the quarter. Harbor Capital Advisors Inc. owned approximately 0.78% of Sila Realty Trust worth $11,448,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. MetLife Investment Management LLC bought a new position in Sila Realty Trust during the 4th quarter valued at approximately $39,000. Pineridge Advisors LLC raised its position in shares of Sila Realty Trust by 244.0% in the 4th quarter. Pineridge Advisors LLC now owns 3,244 shares of the company's stock worth $79,000 after purchasing an additional 2,301 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Sila Realty Trust by 507.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company's stock worth $84,000 after purchasing an additional 2,895 shares in the last quarter. Ameriflex Group Inc. bought a new stake in Sila Realty Trust during the 4th quarter valued at about $156,000. Finally, Nissay Asset Management Corp Japan ADV bought a new stake in Sila Realty Trust during the 4th quarter valued at about $207,000.

Sila Realty Trust Stock Performance

NYSE SILA traded up $0.24 during trading hours on Thursday, hitting $24.39. 198,185 shares of the company's stock traded hands, compared to its average volume of 564,853. The business's fifty day moving average price is $25.37 and its two-hundred day moving average price is $25.16. Sila Realty Trust, Inc. has a 52 week low of $20.20 and a 52 week high of $27.50. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $1.35 billion and a P/E ratio of 39.34.

Sila Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st were given a dividend of $0.40 per share. The ex-dividend date was Wednesday, May 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.56%. Sila Realty Trust's payout ratio is currently 258.06%.

Analyst Upgrades and Downgrades

Separately, Truist Financial increased their price target on shares of Sila Realty Trust from $27.00 to $28.00 and gave the company a "buy" rating in a report on Monday, March 17th.

About Sila Realty Trust

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.