Harbour Investments Inc. Has $1.39 Million Stock Holdings in Sila Realty Trust, Inc. $SILA

Harbour Investments Inc. lifted its stake in Sila Realty Trust, Inc. (NYSE:SILA) by 66.0% during the second quarter, HoldingsChannel reports. The fund owned 58,653 shares of the company’s stock after purchasing an additional 23,322 shares during the quarter. Harbour Investments Inc.’s holdings in Sila Realty Trust were worth $1,388,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SILA. Millennium Management LLC increased its stake in shares of Sila Realty Trust by 114.4% in the first quarter. Millennium Management LLC now owns 607,111 shares of the company’s stock worth $16,216,000 after acquiring an additional 323,917 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Sila Realty Trust by 25,141.8% in the first quarter. Jane Street Group LLC now owns 224,904 shares of the company’s stock worth $6,007,000 after acquiring an additional 224,013 shares during the last quarter. WPG Advisers LLC acquired a new position in shares of Sila Realty Trust in the first quarter worth $4,291,000. Punch & Associates Investment Management Inc. increased its stake in shares of Sila Realty Trust by 14.5% in the first quarter. Punch & Associates Investment Management Inc. now owns 1,064,088 shares of the company’s stock worth $28,422,000 after acquiring an additional 134,454 shares during the last quarter. Finally, Jupiter Asset Management Ltd. acquired a new position in shares of Sila Realty Trust in the first quarter worth $3,133,000.

Sila Realty Trust Trading Up 0.6%

Sila Realty Trust stock opened at $23.90 on Friday. 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 company has a market capitalization of $1.32 billion and a price-to-earnings ratio of 34.63. Sila Realty Trust, Inc. has a one year low of $22.52 and a one year high of $27.50. The company’s fifty day moving average price is $24.83 and its two-hundred day moving average price is $24.94.

Sila Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date was Thursday, August 21st. Sila Realty Trust’s dividend payout ratio is 231.88%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Wells Fargo & Company initiated coverage on shares of Sila Realty Trust in a research note on Tuesday, September 23rd. They issued an “equal weight” rating and a $27.00 price target on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Sila Realty Trust in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Sila Realty Trust presently has a consensus rating of “Hold” and a consensus target price of $27.50.

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.