HA Sustainable Infrastructure Capital, Inc. $HASI Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale cut its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 0.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 156,985 shares of the real estate investment trust’s stock after selling 1,447 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.13% of HA Sustainable Infrastructure Capital worth $4,328,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of HASI. GAMMA Investing LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 31.5% in the first quarter. GAMMA Investing LLC now owns 5,843 shares of the real estate investment trust’s stock valued at $171,000 after buying an additional 1,400 shares in the last quarter. Quaero Capital S.A. grew its stake in shares of HA Sustainable Infrastructure Capital by 8.2% in the first quarter. Quaero Capital S.A. now owns 67,108 shares of the real estate investment trust’s stock valued at $1,962,000 after buying an additional 5,100 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in shares of HA Sustainable Infrastructure Capital by 1.9% in the first quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 252,462 shares of the real estate investment trust’s stock valued at $7,382,000 after buying an additional 4,723 shares in the last quarter. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of HA Sustainable Infrastructure Capital in the first quarter valued at $146,000. Finally, Vontobel Holding Ltd. grew its stake in shares of HA Sustainable Infrastructure Capital by 7.8% in the first quarter. Vontobel Holding Ltd. now owns 1,536,791 shares of the real estate investment trust’s stock valued at $44,936,000 after buying an additional 110,617 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Stock Up 2.6%

Shares of NYSE HASI opened at $28.92 on Friday. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of 18.66, a price-to-earnings-growth ratio of 1.05 and a beta of 1.61. The company has a debt-to-equity ratio of 1.82, a current ratio of 10.81 and a quick ratio of 10.81. The business has a 50-day moving average of $28.97 and a two-hundred day moving average of $27.07. HA Sustainable Infrastructure Capital, Inc. has a 1 year low of $21.98 and a 1 year high of $36.56.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Friday, October 3rd were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend was Friday, October 3rd. HA Sustainable Infrastructure Capital’s payout ratio is 108.39%.

Analyst Upgrades and Downgrades

HASI has been the subject of a number of recent research reports. UBS Group lifted their target price on HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a “buy” rating in a report on Monday, August 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their target price on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a report on Friday, September 19th. The Goldman Sachs Group lifted their target price on HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $38.13.

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.