Harbor Capital Advisors Inc. Sells 25,055 Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

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

Several other institutional investors have also recently made changes to their positions in HASI. Smartleaf Asset Management LLC boosted its stake in HA Sustainable Infrastructure Capital by 46.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,380 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 439 shares during the last quarter. Roxbury Financial LLC bought a new position in HA Sustainable Infrastructure Capital during the fourth quarter valued at approximately $39,000. Allworth Financial LP boosted its stake in HA Sustainable Infrastructure Capital by 1,267.2% during the fourth quarter. Allworth Financial LP now owns 1,709 shares of the real estate investment trust's stock valued at $46,000 after buying an additional 1,584 shares during the last quarter. Millstone Evans Group LLC bought a new position in HA Sustainable Infrastructure Capital during the fourth quarter valued at approximately $47,000. Finally, Parallel Advisors LLC boosted its stake in 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 buying an additional 2,094 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company's stock.

HA Sustainable Infrastructure Capital Trading Up 1.1%

HA Sustainable Infrastructure Capital stock traded up $0.31 during mid-day trading on Monday, hitting $27.33. The company's stock had a trading volume of 1,591,474 shares, compared to its average volume of 1,156,552. The company has a debt-to-equity ratio of 1.83, a quick ratio of 13.55 and a current ratio of 11.25. The company has a 50 day moving average of $25.58 and a 200-day moving average of $27.36. HA Sustainable Infrastructure Capital, Inc. has a one year low of $21.98 and a one year high of $36.56. The stock has a market cap of $3.31 billion, a PE ratio of 17.30, a P/E/G ratio of 1.06 and a beta of 1.68.

HA Sustainable Infrastructure Capital Dividend Announcement

The business 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 $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.15%. The ex-dividend date is Wednesday, July 2nd. HA Sustainable Infrastructure Capital's payout ratio is presently 161.54%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on HASI. Robert W. Baird dropped their price target 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 lowered HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Finally, Wells Fargo & Company assumed coverage on HA Sustainable Infrastructure Capital in a research note on Thursday, February 27th. They issued an "overweight" rating and a $33.00 price objective for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, HA Sustainable Infrastructure Capital currently has a consensus rating of "Moderate Buy" and a consensus target price of $38.00.

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.