Eagle Global Advisors LLC Has $1.26 Million Stock Holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Key Points

• Eagle Global Advisors LLC reduced its holdings in HA Sustainable Infrastructure Capital by 22.8%, now owning 42,961 shares worth $1.26 million as of the latest SEC filing.
• The company announced a quarterly dividend of $0.42, with a yield of 6.5%, to be paid on October 17th.
• HA Sustainable Infrastructure Capital's stock has been given a consensus rating of "Moderate Buy" with a price target of $37.90 from various analysts.

Eagle Global Advisors LLC decreased its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 22.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,961 shares of the real estate investment trust's stock after selling 12,667 shares during the period. Eagle Global Advisors LLC's holdings in HA Sustainable Infrastructure Capital were worth $1,256,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HASI. Zions Bancorporation National Association UT bought a new position in HA Sustainable Infrastructure Capital in the 1st quarter valued at approximately $29,000. Signaturefd LLC raised its stake 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 valued at $34,000 after acquiring an additional 495 shares during the last quarter. Garde Capital Inc. bought a new position in shares of HA Sustainable Infrastructure Capital during the first quarter valued at $35,000. Parallel Advisors LLC raised its stake 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 valued at $63,000 after acquiring an additional 2,094 shares during the last quarter. Finally, Cheviot Value Management LLC bought a new position in shares of HA Sustainable Infrastructure Capital during the first quarter valued at $70,000. Institutional investors own 96.14% of the company's stock.

HA Sustainable Infrastructure Capital Trading Up 3.6%

Shares of HASI traded up $0.97 during trading hours on Friday, hitting $27.65. 1,824,306 shares of the stock were exchanged, compared to its average volume of 1,177,506. The company has a debt-to-equity ratio of 1.82, a current ratio of 10.81 and a quick ratio of 11.04. The firm has a market capitalization of $3.44 billion, a P/E ratio of 17.84, a price-to-earnings-growth ratio of 1.01 and a beta of 1.62. The business has a 50-day moving average of $26.70 and a 200-day moving average of $26.91. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.98 and a fifty-two week high of $36.56.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Friday, October 3rd. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 108.39%.

Wall Street Analyst Weigh In

HASI has been the subject of several analyst reports. UBS Group raised their price target on shares of HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a "buy" rating in a research note on Monday, August 11th. Wall Street Zen raised shares of HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Two analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $37.90.

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.