Oppenheimer & Co. Inc. Has $7.60 Million Stock Position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Oppenheimer & Co. Inc. grew its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 38.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 259,970 shares of the real estate investment trust's stock after buying an additional 72,789 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.21% of HA Sustainable Infrastructure Capital worth $7,602,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. FMR LLC grew its position in HA Sustainable Infrastructure Capital by 393.3% during the fourth quarter. FMR LLC now owns 5,688,560 shares of the real estate investment trust's stock valued at $152,624,000 after purchasing an additional 4,535,345 shares in the last quarter. Norges Bank purchased a new stake in shares of HA Sustainable Infrastructure Capital during the fourth quarter worth $30,557,000. Wellington Management Group LLP boosted its position in HA Sustainable Infrastructure Capital by 7.2% during the fourth quarter. Wellington Management Group LLP now owns 14,155,411 shares of the real estate investment trust's stock valued at $379,790,000 after purchasing an additional 949,253 shares during the last quarter. Tidal Investments LLC grew its stake in HA Sustainable Infrastructure Capital by 2,466.7% in the fourth quarter. Tidal Investments LLC now owns 699,275 shares of the real estate investment trust's stock valued at $18,762,000 after purchasing an additional 672,031 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of HA Sustainable Infrastructure Capital by 37.5% during the 4th quarter. Bank of New York Mellon Corp now owns 2,208,894 shares of the real estate investment trust's stock worth $59,265,000 after purchasing an additional 602,456 shares in the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock traded up $0.89 during mid-day trading on Tuesday, reaching $26.47. The stock had a trading volume of 1,674,934 shares, compared to its average volume of 1,172,304. HA Sustainable Infrastructure Capital, Inc. has a one year low of $21.98 and a one year high of $36.56. The firm has a market cap of $3.20 billion, a PE ratio of 25.45, a P/E/G ratio of 0.95 and a beta of 1.68. The firm's 50 day simple moving average is $25.77 and its 200 day simple moving average is $27.18. The company has a quick ratio of 11.04, a current ratio of 11.04 and a debt-to-equity ratio of 1.91.

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Wednesday, July 2nd will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 6.35%. HA Sustainable Infrastructure Capital's dividend payout ratio is currently 161.54%.

Analyst Upgrades and Downgrades

HASI has been the subject of several recent research reports. Robert W. Baird lowered their price target on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. Wall Street Zen downgraded shares of HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Finally, Wells Fargo & Company assumed coverage on shares of HA Sustainable Infrastructure Capital in a report on Thursday, February 27th. They issued an "overweight" rating and a $33.00 price objective for the company. One investment analyst has rated the stock with a sell rating, one has given a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, HA Sustainable Infrastructure Capital presently has an average rating of "Moderate Buy" and an average price target of $38.00.

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.