Teacher Retirement System of Texas bought a new position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 17,305 shares of the real estate investment trust's stock, valued at approximately $506,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in HASI. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in HA Sustainable Infrastructure Capital by 1.6% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 25,294 shares of the real estate investment trust's stock valued at $679,000 after acquiring an additional 402 shares during the period. Figure 8 Investment Strategies LLC boosted its holdings in HA Sustainable Infrastructure Capital by 0.7% during the 1st quarter. Figure 8 Investment Strategies LLC now owns 77,698 shares of the real estate investment trust's stock valued at $2,272,000 after acquiring an additional 565 shares during the period. Maryland State Retirement & Pension System lifted its holdings in HA Sustainable Infrastructure Capital by 1.5% in the 4th quarter. Maryland State Retirement & Pension System now owns 39,899 shares of the real estate investment trust's stock worth $1,070,000 after buying an additional 574 shares during the period. Summit Investment Advisors Inc. lifted its holdings in HA Sustainable Infrastructure Capital by 6.1% in the 4th quarter. Summit Investment Advisors Inc. now owns 12,084 shares of the real estate investment trust's stock worth $324,000 after buying an additional 693 shares during the period. Finally, Mariner LLC lifted its holdings in HA Sustainable Infrastructure Capital by 3.7% in the 4th quarter. Mariner LLC now owns 21,819 shares of the real estate investment trust's stock worth $585,000 after buying an additional 786 shares during the period. 96.14% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. Wall Street Zen cut HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Robert W. Baird lowered their target price on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. One analyst has rated the stock with a sell rating, one has issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $38.00.
Read Our Latest Analysis on HASI
HA Sustainable Infrastructure Capital Stock Performance
Shares of HASI traded up $0.20 during trading hours on Friday, hitting $26.69. The stock had a trading volume of 1,043,725 shares, compared to its average volume of 1,191,559. The company has a debt-to-equity ratio of 1.91, a current ratio of 11.04 and a quick ratio of 11.04. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $21.98 and a 12 month high of $36.56. The firm has a market capitalization of $3.24 billion, a PE ratio of 25.66, a PEG ratio of 1.00 and a beta of 1.68. The stock has a fifty day moving average price of $26.53 and a 200 day moving average price of $27.02.
HA Sustainable Infrastructure Capital Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Wednesday, July 2nd were paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 6.29%. The ex-dividend date of this dividend was Wednesday, July 2nd. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is currently 161.54%.
HA Sustainable Infrastructure Capital Profile
(
Free Report)
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.
Further Reading

Before you consider HA Sustainable Infrastructure Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HA Sustainable Infrastructure Capital wasn't on the list.
While HA Sustainable Infrastructure Capital currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.