Public Sector Pension Investment Board Grows Stock Position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Public Sector Pension Investment Board boosted its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 27.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 377,294 shares of the real estate investment trust’s stock after purchasing an additional 82,082 shares during the period. Public Sector Pension Investment Board’s holdings in HA Sustainable Infrastructure Capital were worth $11,032,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of HASI. Tidal Investments LLC increased its holdings in HA Sustainable Infrastructure Capital by 2,466.7% during the 4th quarter. Tidal Investments LLC now owns 699,275 shares of the real estate investment trust’s stock valued at $18,762,000 after purchasing an additional 672,031 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in HA Sustainable Infrastructure Capital during the 1st quarter valued at about $19,058,000. Nuveen LLC purchased a new position in HA Sustainable Infrastructure Capital during the 1st quarter valued at about $12,371,000. Citigroup Inc. increased its holdings in HA Sustainable Infrastructure Capital by 40.0% during the 1st quarter. Citigroup Inc. now owns 1,311,379 shares of the real estate investment trust’s stock valued at $38,345,000 after purchasing an additional 374,946 shares during the period. Finally, Vanguard Group Inc. increased its holdings in HA Sustainable Infrastructure Capital by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 13,556,379 shares of the real estate investment trust’s stock valued at $396,389,000 after purchasing an additional 311,184 shares during the period. Hedge funds and other institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Stock Performance

HA Sustainable Infrastructure Capital stock opened at $26.92 on Thursday. The stock’s 50 day simple moving average is $26.62 and its two-hundred day simple moving average is $26.92. The company has a debt-to-equity ratio of 1.82, a quick ratio of 11.04 and a current ratio of 10.81. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 17.37, a PEG ratio of 0.99 and a beta of 1.62. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.98 and a fifty-two week high of $36.56.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend is Friday, October 3rd. HA Sustainable Infrastructure Capital’s payout ratio is currently 108.39%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. UBS Group boosted their price target on HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a “buy” rating in a report on Monday. Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Two analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $37.90.

HA Sustainable Infrastructure Capital Company Profile

HA Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company’s portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.