21,356 Shares in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Bought by Apollon Wealth Management LLC

Apollon Wealth Management LLC acquired a new stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The fund acquired 21,356 shares of the real estate investment trust's stock, valued at approximately $624,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HASI. Signaturefd LLC grew 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 valued at $34,000 after buying an additional 495 shares in the last quarter. Garde Capital Inc. purchased a new position in shares of HA Sustainable Infrastructure Capital during the first quarter worth about $35,000. Millstone Evans Group LLC purchased a new position in shares of HA Sustainable Infrastructure Capital during the fourth quarter worth about $47,000. Parallel Advisors LLC grew its holdings in shares of HA Sustainable Infrastructure Capital by 3,221.5% during the first quarter. Parallel Advisors LLC now owns 2,159 shares of the real estate investment trust's stock worth $63,000 after purchasing an additional 2,094 shares in the last quarter. Finally, Sterling Capital Management LLC grew its holdings in shares of HA Sustainable Infrastructure Capital by 830.9% during the fourth quarter. Sterling Capital Management LLC now owns 3,640 shares of the real estate investment trust's stock worth $98,000 after purchasing an additional 3,249 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HA Sustainable Infrastructure Capital stock traded up $0.20 during trading on Friday, hitting $26.69. 1,043,725 shares of the company's stock traded hands, 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 1 year low of $21.98 and a 1 year high of $36.56. The stock has a market capitalization of $3.24 billion, a P/E ratio of 25.66, a PEG ratio of 1.00 and a beta of 1.68. The business has a 50-day simple moving average of $26.53 and a 200-day simple moving average of $27.02.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Wednesday, July 2nd were issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis 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 161.54%.

Analysts Set New Price Targets

Several brokerages have weighed in on HASI. Wall Street Zen downgraded HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Robert W. Baird lowered their price objective on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, HA Sustainable Infrastructure Capital has a consensus rating of "Moderate Buy" and a consensus price target of $38.00.

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.