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

Zurcher Kantonalbank Zurich Cantonalbank cut its stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 51.8% during the first quarter, according to its most recent disclosure with the 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 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cetera Investment Advisers grew its position in shares of HA Sustainable Infrastructure Capital by 13.3% in the 1st quarter. Cetera Investment Advisers now owns 24,405 shares of the real estate investment trust's stock valued at $714,000 after purchasing an additional 2,866 shares during the period. Avantax Advisory Services Inc. lifted its position in shares of HA Sustainable Infrastructure Capital by 6.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 12,788 shares of the real estate investment trust's stock valued at $374,000 after acquiring an additional 738 shares during the period. SFE Investment Counsel boosted its position in shares of HA Sustainable Infrastructure Capital by 4.5% during the 1st quarter. SFE Investment Counsel now owns 163,186 shares of the real estate investment trust's stock worth $4,772,000 after acquiring an additional 7,082 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in HA Sustainable Infrastructure Capital during the first quarter worth about $19,058,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of HA Sustainable Infrastructure Capital during the first quarter worth about $349,000. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HASI has been the subject of several research reports. Robert W. Baird reduced their target price 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 equities research analyst has rated the stock with a sell rating, one has given 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 currently has a consensus rating of "Moderate Buy" and an average price target of $37.78.

HA Sustainable Infrastructure Capital Stock Performance

NYSE:HASI traded up $0.02 during mid-day trading on Thursday, reaching $24.46. 1,382,122 shares of the stock were exchanged, compared to its average volume of 1,282,135. The stock has a market capitalization of $2.97 billion, a P/E ratio of 23.52, a P/E/G ratio of 0.96 and a beta of 1.62. HA Sustainable Infrastructure Capital, Inc. has a 1 year low of $21.98 and a 1 year high of $36.56. The company has a 50 day simple moving average of $26.55 and a 200-day simple moving average of $26.97. 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 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.