Harbor Capital Advisors Inc. Has $1.37 Million Position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Harbor Capital Advisors Inc. reduced its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 34.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 46,940 shares of the real estate investment trust's stock after selling 25,055 shares during the period. Harbor Capital Advisors Inc.'s holdings in HA Sustainable Infrastructure Capital were worth $1,373,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Louisiana State Employees Retirement System lifted its position in HA Sustainable Infrastructure Capital by 1.8% in the fourth quarter. Louisiana State Employees Retirement System now owns 57,300 shares of the real estate investment trust's stock worth $1,537,000 after purchasing an additional 1,000 shares during the period. Vontobel Holding Ltd. raised its stake in shares of HA Sustainable Infrastructure Capital by 6.2% in the 4th quarter. Vontobel Holding Ltd. now owns 1,426,174 shares of the real estate investment trust's stock worth $38,264,000 after buying an additional 83,106 shares in the last quarter. Figure 8 Investment Strategies LLC acquired a new stake in shares of HA Sustainable Infrastructure Capital in the fourth quarter valued at $2,069,000. Values Added Financial LLC lifted its holdings in shares of HA Sustainable Infrastructure Capital by 93.0% in the fourth quarter. Values Added Financial LLC now owns 18,278 shares of the real estate investment trust's stock valued at $490,000 after buying an additional 8,809 shares during the period. Finally, Roxbury Financial LLC bought a new position in HA Sustainable Infrastructure Capital during the fourth quarter valued at about $39,000. 96.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on HASI. 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. Wells Fargo & Company assumed coverage on shares of HA Sustainable Infrastructure Capital in a research note on Thursday, February 27th. They set an "overweight" rating and a $33.00 target price for the company. Finally, Robert W. Baird reduced their target price on shares of 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. One research analyst has rated the stock with a sell rating, one has issued a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $38.00.

HA Sustainable Infrastructure Capital Trading Down 0.8%

NYSE HASI traded down $0.21 on Friday, hitting $27.04. 1,085,372 shares of the stock were exchanged, compared to its average volume of 1,149,377. The company's 50-day moving average price is $25.45 and its two-hundred day moving average price is $27.46. The company has a debt-to-equity ratio of 1.83, a current ratio of 11.25 and a quick ratio of 13.55. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $21.98 and a 52-week high of $36.56. The company has a market capitalization of $3.27 billion, a price-to-earnings ratio of 17.11, a P/E/G ratio of 1.06 and a beta of 1.68.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Wednesday, July 2nd will be issued a dividend of $0.42 per share. The ex-dividend date is Wednesday, July 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.21%. HA Sustainable Infrastructure Capital's dividend payout ratio is 161.54%.

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.