26,170 Shares in HA Sustainable Infrastructure Capital, Inc. $HASI Acquired by Andrew Hill Investment Advisors Inc.

Key Points

• Andrew Hill Investment Advisors Inc. has acquired a new stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI), purchasing 26,170 shares valued at approximately $703,000 in the second quarter.
• A significant majority, 96.14% of HA Sustainable Infrastructure Capital's stock, is currently held by institutional investors, indicating strong interest from larger entities.
• The company recently declared a quarterly dividend of $0.42 per share, reflecting an annualized dividend of $1.68 and a yield of 6.0%.

Andrew Hill Investment Advisors Inc. acquired a new position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 26,170 shares of the real estate investment trust's stock, valued at approximately $703,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Signaturefd LLC increased its position in 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 worth $34,000 after purchasing an additional 495 shares during the period. Figure 8 Investment Strategies LLC grew its position in shares of 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 worth $2,272,000 after buying an additional 565 shares during the period. Xponance Inc. grew its position in shares of HA Sustainable Infrastructure Capital by 6.3% during the 1st quarter. Xponance Inc. now owns 9,570 shares of the real estate investment trust's stock worth $280,000 after buying an additional 571 shares during the period. Evergreen Capital Management LLC grew its position in shares of HA Sustainable Infrastructure Capital by 4.7% during the 1st quarter. Evergreen Capital Management LLC now owns 14,699 shares of the real estate investment trust's stock worth $430,000 after buying an additional 655 shares during the period. Finally, Avantax Advisory Services Inc. grew its position in shares of HA Sustainable Infrastructure Capital by 6.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 12,788 shares of the real estate investment trust's stock worth $374,000 after buying an additional 738 shares during the period. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HASI has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their target price on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an "overweight" rating in a research report on Friday. UBS Group boosted their target price on HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the stock a "buy" rating in a research report on Monday, August 11th. Finally, Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $38.13.

HA Sustainable Infrastructure Capital Stock Up 0.1%

NYSE HASI traded up $0.04 during trading on Monday, hitting $28.94. The stock had a trading volume of 380,010 shares, compared to its average volume of 1,234,908. The company has a market capitalization of $3.60 billion, a PE ratio of 18.66, a P/E/G ratio of 1.08 and a beta of 1.58. The company's 50-day moving average price is $27.33 and its two-hundred day moving average price is $26.85. 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, Inc. has a 12 month low of $21.98 and a 12 month high of $36.56.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.42 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 5.8%. HA Sustainable Infrastructure Capital's dividend payout ratio is currently 108.39%.

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.