GAMMA Investing LLC Grows Position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

GAMMA Investing LLC lifted its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 3,745.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 170,849 shares of the real estate investment trust's stock after purchasing an additional 166,406 shares during the quarter. GAMMA Investing LLC owned 0.14% of HA Sustainable Infrastructure Capital worth $49,960,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of HASI. Schroder Investment Management Group grew its holdings in HA Sustainable Infrastructure Capital by 174.5% during the fourth quarter. Schroder Investment Management Group now owns 721,183 shares of the real estate investment trust's stock worth $19,263,000 after buying an additional 458,435 shares in the last quarter. Millennium Management LLC grew its holdings in HA Sustainable Infrastructure Capital by 171.3% during the fourth quarter. Millennium Management LLC now owns 436,586 shares of the real estate investment trust's stock worth $11,714,000 after buying an additional 275,647 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in HA Sustainable Infrastructure Capital during the fourth quarter worth $482,000. Tidal Investments LLC grew its holdings in HA Sustainable Infrastructure Capital by 2,466.7% during the fourth quarter. Tidal Investments LLC now owns 699,275 shares of the real estate investment trust's stock worth $18,762,000 after buying an additional 672,031 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in HA Sustainable Infrastructure Capital by 453.3% during the fourth quarter. Victory Capital Management Inc. now owns 138,547 shares of the real estate investment trust's stock worth $3,717,000 after buying an additional 113,505 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Wells Fargo & Company assumed coverage on HA Sustainable Infrastructure Capital in a report on Thursday, February 27th. They set an "overweight" rating and a $33.00 price target for the company. Robert W. Baird decreased their price target on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th. Wall Street Zen downgraded HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Finally, Truist Financial started coverage on HA Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They issued a "buy" rating and a $40.00 price objective for the company. One investment analyst has rated the stock with a sell rating, one has given a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $38.00.

HA Sustainable Infrastructure Capital Stock Performance

Shares of NYSE:HASI traded up $0.42 during midday trading on Friday, reaching $25.31. The company had a trading volume of 161,779 shares, compared to its average volume of 1,134,527. The company's 50 day moving average price is $25.61 and its 200 day moving average price is $27.55. The company has a current ratio of 11.25, a quick ratio of 13.55 and a debt-to-equity ratio of 1.83. The stock has a market cap of $3.06 billion, a P/E ratio of 16.00, a P/E/G ratio of 1.06 and a beta of 1.71. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $21.98 and a 52-week high of $36.56.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Wednesday, July 2nd will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 6.64%. The ex-dividend date of this dividend is Wednesday, July 2nd. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 161.54%.

About HA Sustainable Infrastructure Capital

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.