Harbor Capital Advisors Inc. Invests $6.95 Million in Sila Realty Trust, Inc. (NYSE:SILA)

Harbor Capital Advisors Inc. purchased a new position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 274,770 shares of the company's stock, valued at approximately $6,949,000. Harbor Capital Advisors Inc. owned 0.50% of Sila Realty Trust at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Realta Investment Advisors purchased a new position in shares of Sila Realty Trust in the third quarter worth $295,000. Private Wealth Group LLC purchased a new position in shares of Sila Realty Trust in the third quarter valued at about $203,000. Creative Financial Designs Inc. ADV bought a new position in shares of Sila Realty Trust during the third quarter valued at about $1,029,000. ADE LLC purchased a new stake in shares of Sila Realty Trust during the third quarter worth about $342,000. Finally, Capstone Triton Financial Group LLC bought a new stake in shares of Sila Realty Trust in the third quarter worth about $217,000.

Sila Realty Trust Stock Down 1.1 %

Shares of NYSE:SILA traded down $0.27 during midday trading on Friday, reaching $24.91. The company's stock had a trading volume of 312,460 shares, compared to its average volume of 386,977. 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 business has a 50 day moving average of $25.17. Sila Realty Trust, Inc. has a 12-month low of $7.45 and a 12-month high of $26.50.

Sila Realty Trust Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SILA. Truist Financial initiated coverage on shares of Sila Realty Trust in a research report on Monday, October 7th. They set a "buy" rating and a $29.00 price objective on the stock. Janney Montgomery Scott began coverage on Sila Realty Trust in a research report on Thursday, October 3rd. They set a "buy" rating and a $28.00 price objective on the stock.

Sila Realty Trust Company 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.