130,168 Shares in Sila Realty Trust, Inc. (NYSE:SILA) Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company acquired a new stake in Sila Realty Trust, Inc. (NYSE:SILA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 130,168 shares of the company’s stock, valued at approximately $3,292,000. The Manufacturers Life Insurance Company owned 0.24% of Sila Realty Trust as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Harbor Capital Advisors Inc. acquired a new position in shares of Sila Realty Trust during the 3rd quarter worth approximately $6,949,000. Cooper Financial Group acquired a new position in shares of Sila Realty Trust in the second quarter valued at $721,000. Centaurus Financial Inc. raised its position in shares of Sila Realty Trust by 130.9% in the third quarter. Centaurus Financial Inc. now owns 66,195 shares of the company’s stock valued at $1,674,000 after purchasing an additional 37,531 shares during the period. Graham Capital Wealth Management LLC acquired a new stake in shares of Sila Realty Trust during the 3rd quarter worth about $4,304,000. Finally, Landscape Capital Management L.L.C. bought a new stake in shares of Sila Realty Trust during the 3rd quarter worth about $867,000.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on SILA shares. Truist Financial assumed coverage on shares of Sila Realty Trust in a report on Monday, October 7th. They issued a “buy” rating and a $29.00 price target on the stock. Janney Montgomery Scott began coverage on Sila Realty Trust in a research note on Thursday, October 3rd. They set a “buy” rating and a $28.00 target price on the stock.

Sila Realty Trust Price Performance

Shares of Sila Realty Trust stock opened at $25.64 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. The company has a 50-day simple moving average of $25.37. Sila Realty Trust, Inc. has a 52-week low of $7.45 and a 52-week high of $26.75.

Sila Realty Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be paid a $0.1333 dividend. This represents a $1.60 annualized dividend and a yield of 6.24%. The ex-dividend date of this dividend is Friday, November 29th.

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.