Sila Realty Trust, Inc. $SILA Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. lowered its holdings in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 63.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,242 shares of the company’s stock after selling 35,889 shares during the period. Harbour Investments Inc.’s holdings in Sila Realty Trust were worth $472,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in SILA. Northwestern Mutual Wealth Management Co. grew its stake in shares of Sila Realty Trust by 133,106.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,817,893 shares of the company’s stock worth $182,235,000 after purchasing an additional 7,812,024 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Sila Realty Trust by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 5,614,395 shares of the company’s stock valued at $130,872,000 after purchasing an additional 43,538 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Sila Realty Trust by 8.1% in the third quarter. Victory Capital Management Inc. now owns 986,934 shares of the company’s stock worth $24,772,000 after purchasing an additional 74,355 shares during the period. Millennium Management LLC lifted its holdings in Sila Realty Trust by 26.9% in the third quarter. Millennium Management LLC now owns 654,183 shares of the company’s stock worth $16,420,000 after purchasing an additional 138,712 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in Sila Realty Trust by 28.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 521,731 shares of the company’s stock valued at $13,095,000 after buying an additional 116,266 shares in the last quarter.

Sila Realty Trust Stock Performance

Shares of SILA opened at $30.25 on Monday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.27 and a quick ratio of 1.27. The firm’s 50 day moving average is $27.65 and its 200-day moving average is $25.35. Sila Realty Trust, Inc. has a 12-month low of $21.94 and a 12-month high of $30.63. The stock has a market capitalization of $1.67 billion, a P/E ratio of 45.14 and a beta of 0.95.

Sila Realty Trust (NYSE:SILA) last released its earnings results on Friday, May 8th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.20 by $0.02. The business had revenue of $52.67 million during the quarter, compared to analyst estimates of $49.77 million. Sila Realty Trust had a net margin of 18.64% and a return on equity of 2.81%. Equities research analysts anticipate that Sila Realty Trust, Inc. will post 2.24 EPS for the current fiscal year.

Sila Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Wednesday, May 20th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Wednesday, May 20th. Sila Realty Trust’s dividend payout ratio is 238.81%.

Analyst Upgrades and Downgrades

SILA has been the topic of several research analyst reports. Weiss Ratings raised shares of Sila Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. BNP Paribas Exane reaffirmed a “neutral” rating and issued a $31.00 price target (up from $28.00) on shares of Sila Realty Trust in a research note on Tuesday, April 21st. Freedom Capital cut shares of Sila Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Zacks Research raised Sila Realty Trust to a “hold” rating in a report on Tuesday, March 3rd. Finally, Truist Financial set a $28.00 target price on Sila Realty Trust in a research report on Wednesday, March 11th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $29.00.

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. Our portfolio comprises high quality tenants in geographically diverse facilities, which are positioned to capitalize on the dynamic delivery of healthcare to patients.