Harbor Capital Advisors Inc. Increases Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

Harbor Capital Advisors Inc. boosted its position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 2.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 428,586 shares of the company's stock after purchasing an additional 10,673 shares during the quarter. Harbor Capital Advisors Inc. owned about 0.78% of Sila Realty Trust worth $11,448,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. abrdn plc raised its position in shares of Sila Realty Trust by 30.6% in the fourth quarter. abrdn plc now owns 14,760 shares of the company's stock worth $355,000 after buying an additional 3,460 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. purchased a new stake in shares of Sila Realty Trust in the 4th quarter valued at about $1,453,000. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in shares of Sila Realty Trust in the 4th quarter valued at about $324,000. Apollon Wealth Management LLC boosted its position in shares of Sila Realty Trust by 16.7% during the 4th quarter. Apollon Wealth Management LLC now owns 30,640 shares of the company's stock valued at $745,000 after acquiring an additional 4,385 shares during the last quarter. Finally, Pineridge Advisors LLC grew its holdings in shares of Sila Realty Trust by 244.0% during the fourth quarter. Pineridge Advisors LLC now owns 3,244 shares of the company's stock worth $79,000 after purchasing an additional 2,301 shares in the last quarter.

Sila Realty Trust Price Performance

Shares of NYSE SILA traded down $0.28 during trading hours on Friday, reaching $24.08. 366,387 shares of the stock traded hands, compared to its average volume of 559,511. Sila Realty Trust, Inc. has a 52-week low of $20.24 and a 52-week high of $27.50. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37. The company's 50-day simple moving average is $25.36 and its two-hundred day simple moving average is $25.15. The company has a market capitalization of $1.33 billion and a P/E ratio of 38.84.

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 paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.64%. The ex-dividend date was Wednesday, May 21st. Sila Realty Trust's dividend payout ratio (DPR) is presently 258.06%.

Analysts Set New Price Targets

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

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.