Eagle Global Advisors LLC Has $1.61 Million Stock Holdings in HA Sustainable Infrastructure Capital, Inc. $HASI

Key Points

• Eagle Global Advisors LLC increased its stake in HA Sustainable Infrastructure Capital by 39.5%, owning 59,933 shares valued at approximately $1.61 million by the end of the 2nd quarter.
• HA Sustainable Infrastructure Capital recently announced a quarterly dividend of $0.42 per share, translating to an annualized dividend yield of 5.5%, with a payout ratio exceeding 108%.
• The stock has received multiple positive ratings, including a "buy" from UBS Group and JPMorgan Chase, with an average target price increase to $38.13 according to analysts.

Eagle Global Advisors LLC lifted its stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 39.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,933 shares of the real estate investment trust's stock after acquiring an additional 16,972 shares during the period. Eagle Global Advisors LLC's holdings in HA Sustainable Infrastructure Capital were worth $1,610,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Signaturefd LLC increased its position in shares of 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 acquiring an additional 495 shares in the last quarter. Figure 8 Investment Strategies LLC increased its position in shares of HA Sustainable Infrastructure Capital by 0.7% during the first quarter. Figure 8 Investment Strategies LLC now owns 77,698 shares of the real estate investment trust's stock worth $2,272,000 after acquiring an additional 565 shares in the last quarter. Xponance Inc. increased its position in shares of HA Sustainable Infrastructure Capital by 6.3% during the first quarter. Xponance Inc. now owns 9,570 shares of the real estate investment trust's stock worth $280,000 after acquiring an additional 571 shares in the last quarter. Harrington Investments INC increased its position in shares of HA Sustainable Infrastructure Capital by 4.3% during the second quarter. Harrington Investments INC now owns 14,539 shares of the real estate investment trust's stock worth $391,000 after acquiring an additional 600 shares in the last quarter. Finally, Evergreen Capital Management LLC increased its position in shares of HA Sustainable Infrastructure Capital by 4.7% during the first quarter. Evergreen Capital Management LLC now owns 14,699 shares of the real estate investment trust's stock worth $430,000 after acquiring an additional 655 shares in the last quarter. Institutional investors own 96.14% of the company's stock.

Analyst Ratings Changes

HASI has been the subject of several research reports. Wall Street Zen raised shares of HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. UBS Group raised their target price on shares of HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a "buy" rating in a research report on Monday, August 11th. Finally, JPMorgan Chase & Co. raised their target price on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an "overweight" rating in a research report on Friday, September 19th. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $38.13.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI opened at $30.50 on Friday. The firm has a 50-day moving average of $27.64 and a 200-day moving average of $26.90. HA Sustainable Infrastructure Capital, Inc. has a one year low of $21.98 and a one year high of $36.56. The company has a market cap of $3.79 billion, a PE ratio of 19.68, a price-to-earnings-growth ratio of 1.11 and a beta of 1.58. The company has a debt-to-equity ratio of 1.82, a current ratio of 10.81 and a quick ratio of 10.81.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Friday, October 3rd. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is 108.39%.

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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