Lbp Am Sa Lowers Holdings in HA Sustainable Infrastructure Capital, Inc. $HASI

Key Points

• Lbp Am Sa has reduced its holdings in HA Sustainable Infrastructure Capital, Inc. by 8.0%, now owning 163,940 shares valued at approximately $4.4 million.
• Several institutional investors have increased their stakes in HA Sustainable Infrastructure Capital, with Signaturefd LLC showing the most significant increase at 72.4% in the first quarter.
• The company has declared a quarterly dividend of $0.42 per share, resulting in an annualized yield of 5.3%, despite a high dividend payout ratio of 108.39%.

Lbp Am Sa decreased its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 8.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 163,940 shares of the real estate investment trust's stock after selling 14,188 shares during the quarter. Lbp Am Sa owned 0.13% of HA Sustainable Infrastructure Capital worth $4,403,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Signaturefd LLC increased its holdings in shares of HA Sustainable Infrastructure Capital by 72.4% in the 1st 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 period. Figure 8 Investment Strategies LLC increased its holdings in shares of HA Sustainable Infrastructure Capital by 0.7% in the 1st quarter. Figure 8 Investment Strategies LLC now owns 77,698 shares of the real estate investment trust's stock valued at $2,272,000 after acquiring an additional 565 shares during the period. Xponance Inc. increased its holdings in shares of HA Sustainable Infrastructure Capital by 6.3% in the 1st quarter. Xponance Inc. now owns 9,570 shares of the real estate investment trust's stock valued at $280,000 after acquiring an additional 571 shares during the period. Harrington Investments INC increased its holdings in shares of HA Sustainable Infrastructure Capital by 4.3% in the 2nd quarter. Harrington Investments INC now owns 14,539 shares of the real estate investment trust's stock valued at $391,000 after acquiring an additional 600 shares during the period. Finally, Evergreen Capital Management LLC grew its position in HA Sustainable Infrastructure Capital by 4.7% in the 1st quarter. Evergreen Capital Management LLC now owns 14,699 shares of the real estate investment trust's stock valued at $430,000 after buying an additional 655 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company's stock.

HA Sustainable Infrastructure Capital Stock Performance

NYSE:HASI opened at $31.60 on Thursday. The company has a quick ratio of 10.81, a current ratio of 10.81 and a debt-to-equity ratio of 1.82. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.98 and a fifty-two week high of $36.56. The stock has a market cap of $3.93 billion, a PE ratio of 20.38, a price-to-earnings-growth ratio of 1.14 and a beta of 1.61. The firm's fifty day simple moving average is $27.82 and its 200-day simple moving average is $26.95.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 5.3%. HA Sustainable Infrastructure Capital's dividend payout ratio is 108.39%.

Wall Street Analyst Weigh In

HASI has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. lifted their price objective on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an "overweight" rating in a research report on Friday, September 19th. Finally, UBS Group lifted their price objective on shares of HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a "buy" rating in a research report on Monday, August 11th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $38.13.

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.

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