HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank trimmed its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 51.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,504 shares of the real estate investment trust's stock after selling 38,218 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank's holdings in HA Sustainable Infrastructure Capital were worth $1,038,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in HASI. FMR LLC boosted its stake in shares of 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 bought a new position in HA Sustainable Infrastructure Capital in the fourth quarter worth approximately $30,557,000. Tidal Investments LLC lifted 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 during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in HA Sustainable Infrastructure Capital during the 1st quarter valued at $19,058,000. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of HA Sustainable Infrastructure Capital by 52.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,395,573 shares of the real estate investment trust's stock valued at $37,443,000 after acquiring an additional 482,097 shares during the period. Hedge funds and other institutional investors own 96.14% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on HASI. Robert W. Baird decreased their price objective 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. One research analyst has rated the stock with a sell rating, one has issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $37.78.

HA Sustainable Infrastructure Capital Stock Up 5.9%

HA Sustainable Infrastructure Capital stock traded up $1.45 during midday trading on Friday, reaching $25.83. The company's stock had a trading volume of 743,310 shares, compared to its average volume of 1,278,281. The company has a debt-to-equity ratio of 1.91, a current ratio of 11.04 and a quick ratio of 11.04. The stock has a market capitalization of $3.14 billion, a P/E ratio of 24.79, a PEG ratio of 0.92 and a beta of 1.62. The stock's 50-day simple moving average is $26.53 and its 200-day simple moving average is $26.95. 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 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.