Deutsche Bank AG Sells 30,257 Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Deutsche Bank AG lessened its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 2.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,001,475 shares of the real estate investment trust's stock after selling 30,257 shares during the quarter. Deutsche Bank AG owned approximately 0.81% of HA Sustainable Infrastructure Capital worth $29,283,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of HASI. Signaturefd LLC boosted its stake 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 worth $34,000 after acquiring an additional 495 shares during the last quarter. Garde Capital Inc. bought a new stake in HA Sustainable Infrastructure Capital in the 1st quarter valued at $35,000. Parallel Advisors LLC lifted its position in 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 acquiring an additional 2,094 shares in the last quarter. Cheviot Value Management LLC bought a new stake in HA Sustainable Infrastructure Capital in the 1st quarter valued at $70,000. Finally, Sterling Capital Management LLC lifted its position in HA Sustainable Infrastructure Capital by 830.9% in the 4th 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 in the last quarter. Institutional investors own 96.14% of the company's stock.

Wall Street Analyst Weigh In

HASI has been the topic of a number of recent research reports. UBS Group lifted their price objective on shares of HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a "buy" rating in a report on Monday. Wall Street Zen upgraded shares of HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Two research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $37.90.

HA Sustainable Infrastructure Capital Stock Performance

Shares of NYSE:HASI traded up $0.97 on Friday, hitting $27.65. The company had a trading volume of 1,824,306 shares, compared to its average volume of 1,287,664. 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 cap of $3.44 billion, a price-to-earnings ratio of 17.84, a P/E/G ratio of 1.01 and a beta of 1.62. The stock has a 50 day moving average price of $26.65 and a 200 day moving average price of $26.91. The company has a current ratio of 10.81, a quick ratio of 11.04 and a debt-to-equity ratio of 1.82.

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 issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Friday, October 3rd. HA Sustainable Infrastructure Capital's 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.