Universal Beteiligungs und Servicegesellschaft mbH reduced its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 9.6% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 589,009 shares of the real estate investment trust’s stock after selling 62,773 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in HA Sustainable Infrastructure Capital were worth $15,821,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in HASI. Legend Financial Advisors Inc. purchased a new position in shares of HA Sustainable Infrastructure Capital in the second quarter valued at approximately $27,000. Zions Bancorporation National Association UT purchased a new stake in HA Sustainable Infrastructure Capital during the 1st quarter worth approximately $29,000. Signaturefd LLC lifted its holdings in HA Sustainable Infrastructure Capital by 72.4% during the 1st quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 495 shares in the last quarter. Cheviot Value Management LLC acquired a new stake in HA Sustainable Infrastructure Capital during the 1st quarter worth approximately $70,000. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new position in HA Sustainable Infrastructure Capital in the 1st quarter valued at approximately $79,000. Institutional investors and hedge funds own 96.14% of the company’s stock.
HA Sustainable Infrastructure Capital Trading Up 1.6%
NYSE:HASI opened at $33.53 on Wednesday. The stock has a 50-day simple moving average of $29.92 and a 200-day simple moving average of $27.89. The stock has a market cap of $4.24 billion, a P/E ratio of 21.63, a P/E/G ratio of 1.05 and a beta of 1.63. HA Sustainable Infrastructure Capital, Inc. has a 1 year low of $21.98 and a 1 year high of $34.28. The company has a debt-to-equity ratio of 1.82, a quick ratio of 10.81 and a current ratio of 10.81.
HA Sustainable Infrastructure Capital Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Monday, December 29th will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.68 dividend on an annualized basis and a yield of 5.0%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 72.10%.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the company. Wall Street Zen raised HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Jefferies Financial Group upped their price target on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a report on Tuesday. The Goldman Sachs Group lifted their price objective on HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “neutral” rating in a research note on Wednesday, October 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday. Finally, UBS Group raised their target price on shares of HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a report on Monday, November 10th. Eight 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.com, the company presently has an average rating of “Moderate Buy” and an average price target of $38.33.
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.
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