Y Intercept Hong Kong Ltd Takes $349,000 Position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Key Points

• Y Intercept Hong Kong Ltd acquired 11,921 shares of HA Sustainable Infrastructure Capital, Inc. (HASI), valued at approximately $349,000, during the 1st quarter.
• The stock's average rating is currently a "Moderate Buy," with a consensus price target of $38.40, after analysts have given it a mix of buy, hold, and sell ratings.
• HA Sustainable Infrastructure Capital recently announced a quarterly dividend of $0.42 per share, representing a 6.09% dividend yield.

Y Intercept Hong Kong Ltd acquired a new stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 11,921 shares of the real estate investment trust's stock, valued at approximately $349,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Signaturefd LLC grew its holdings in shares of HA Sustainable Infrastructure Capital by 72.4% in the first quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust's stock valued at $34,000 after purchasing an additional 495 shares during the period. Garde Capital Inc. purchased a new stake in shares of HA Sustainable Infrastructure Capital in the 1st quarter valued at approximately $35,000. Parallel Advisors LLC increased its holdings in shares of HA Sustainable Infrastructure Capital by 3,221.5% during the 1st quarter. Parallel Advisors LLC now owns 2,159 shares of the real estate investment trust's stock worth $63,000 after buying an additional 2,094 shares during the last quarter. Sterling Capital Management LLC lifted its holdings in HA Sustainable Infrastructure Capital by 830.9% in the fourth quarter. Sterling Capital Management LLC now owns 3,640 shares of the real estate investment trust's stock valued at $98,000 after acquiring an additional 3,249 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC purchased a new position in HA Sustainable Infrastructure Capital in the first quarter worth approximately $146,000. 96.14% of the stock is currently owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Stock Down 1.2%

NYSE HASI traded down $0.30 on Friday, hitting $25.67. 1,283,486 shares of the stock traded hands, compared to its average volume of 1,282,416. The company has a current ratio of 11.04, a quick ratio of 11.04 and a debt-to-equity ratio of 1.91. The stock has a 50-day moving average of $26.54 and a 200 day moving average of $27.04. HA Sustainable Infrastructure Capital, Inc. has a twelve month low of $21.98 and a twelve month high of $36.56. The company has a market capitalization of $3.12 billion, a P/E ratio of 24.68, a price-to-earnings-growth ratio of 1.01 and a beta of 1.68.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Wednesday, July 2nd were given a $0.42 dividend. The ex-dividend date was Wednesday, July 2nd. This represents a $1.68 annualized dividend and a yield of 6.5%. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is currently 161.54%.

Wall Street Analysts Forecast Growth

HASI has been the subject of a number of research analyst reports. Wall Street Zen cut shares of HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Robert W. Baird cut their price target on shares of HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, HA Sustainable Infrastructure Capital currently has a consensus rating of "Moderate Buy" and a consensus target price of $37.78.

About HA Sustainable Infrastructure Capital

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.