Harbour Investments Inc. Sells 13,262 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Harbour Investments Inc. trimmed its holdings in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 36.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 23,090 shares of the company’s stock after selling 13,262 shares during the period. Harbour Investments Inc.’s holdings in Sila Realty Trust were worth $584,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Long Pond Capital LP acquired a new position in Sila Realty Trust in the second quarter worth about $49,981,000. Millennium Management LLC acquired a new position in shares of Sila Realty Trust in the 2nd quarter worth approximately $16,010,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of Sila Realty Trust during the 2nd quarter worth approximately $15,534,000. Cetera Investment Advisers acquired a new stake in Sila Realty Trust in the 2nd quarter valued at $7,547,000. Finally, Harbor Capital Advisors Inc. bought a new stake in Sila Realty Trust in the third quarter valued at $6,949,000.

Sila Realty Trust Trading Up 1.0 %

Shares of NYSE SILA opened at $24.41 on Friday. Sila Realty Trust, Inc. has a 12-month low of $7.45 and a 12-month high of $26.50. The stock’s 50-day moving average is $25.25. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.24 and a current ratio of 2.24.

Sila Realty Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be given a dividend of $0.1333 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.55%.

Analysts Set New Price Targets

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

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.