Amundi Has $71.53 Million Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Key Points

• Amundi reduced its holdings in HA Sustainable Infrastructure Capital, Inc. by 6.3%, now owning approximately $71.53 million worth of shares.
• The company recently declared a quarterly dividend of $0.42 per share, resulting in an annualized yield of 6.0% with a payout ratio of 108.39%.
• HA Sustainable Infrastructure Capital has an average rating of "Buy" from analysts, with a consensus target price of $37.38.

Amundi lowered its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 6.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,447,950 shares of the real estate investment trust's stock after selling 163,277 shares during the period. Amundi owned about 1.98% of HA Sustainable Infrastructure Capital worth $71,534,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Zions Bancorporation National Association UT acquired a new stake in HA Sustainable Infrastructure Capital during the first quarter worth $29,000. Signaturefd LLC boosted its stake in HA Sustainable Infrastructure Capital by 72.4% during the first 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. Garde Capital Inc. acquired a new stake in shares of HA Sustainable Infrastructure Capital in the 1st quarter valued at $35,000. Parallel Advisors LLC boosted its stake in shares of HA Sustainable Infrastructure Capital by 3,221.5% in the 1st quarter. Parallel Advisors LLC now owns 2,159 shares of the real estate investment trust's stock valued at $63,000 after purchasing an additional 2,094 shares in the last quarter. Finally, Cheviot Value Management LLC acquired a new stake in shares of HA Sustainable Infrastructure Capital in the 1st quarter valued at $70,000. Institutional investors and hedge funds own 96.14% of the company's stock.

HA Sustainable Infrastructure Capital Stock Performance

HA Sustainable Infrastructure Capital stock opened at $28.14 on Friday. HA Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.98 and a 12-month high of $36.56. The stock has a 50-day simple moving average of $27.13 and a 200 day simple moving average of $26.89. The company has a quick ratio of 10.81, a current ratio of 10.81 and a debt-to-equity ratio of 1.82. The stock has a market capitalization of $3.50 billion, a price-to-earnings ratio of 18.16, a P/E/G ratio of 1.06 and a beta of 1.58.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 6.0%. The ex-dividend date is Friday, October 3rd. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 108.39%.

Analyst Ratings Changes

HASI has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. UBS Group raised their price objective on shares of HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the stock a "buy" rating in a report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $37.38.

HA Sustainable Infrastructure Capital 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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