Mizuho Markets Americas LLC Acquires 24,075 Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Key Points

• Mizuho Markets Americas LLC increased its stake in HA Sustainable Infrastructure Capital by 3.3%, owning approximately 0.61% of the company's stock, valued at $22.15 million after purchasing 24,075 shares in the first quarter.
• HA Sustainable Infrastructure Capital announced a quarterly dividend of $0.42 per share, translating to an annual yield of 6.5%, with an ex-dividend date on October 3rd.
• Hedge funds and institutional investors collectively own 96.14% of HA Sustainable Infrastructure Capital, reflecting significant institutional interest in the stock.

Mizuho Markets Americas LLC increased its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 3.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 757,498 shares of the real estate investment trust's stock after acquiring an additional 24,075 shares during the period. Mizuho Markets Americas LLC owned approximately 0.61% of HA Sustainable Infrastructure Capital worth $22,149,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Zions Bancorporation National Association UT bought a new position in shares of HA Sustainable Infrastructure Capital in the first quarter valued at approximately $29,000. Citigroup Inc. boosted its holdings in HA Sustainable Infrastructure Capital by 40.0% during the first quarter. Citigroup Inc. now owns 1,311,379 shares of the real estate investment trust's stock worth $38,345,000 after buying an additional 374,946 shares in the last quarter. Neumeier Poma Investment Counsel LLC boosted its holdings in HA Sustainable Infrastructure Capital by 48.6% during the first quarter. Neumeier Poma Investment Counsel LLC now owns 856,908 shares of the real estate investment trust's stock worth $25,056,000 after buying an additional 280,215 shares in the last quarter. Vanguard Group Inc. boosted its holdings in HA Sustainable Infrastructure Capital by 2.3% during the first quarter. Vanguard Group Inc. now owns 13,556,379 shares of the real estate investment trust's stock worth $396,389,000 after buying an additional 311,184 shares in the last quarter. Finally, Plan Group Financial LLC boosted its holdings in HA Sustainable Infrastructure Capital by 67.0% during the first quarter. Plan Group Financial LLC now owns 17,910 shares of the real estate investment trust's stock worth $524,000 after buying an additional 7,185 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Wall Street Zen upgraded shares of HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a report on Saturday. Robert W. Baird decreased their price objective on shares of 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. Finally, UBS Group raised their price objective on shares of HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the stock a "buy" rating in a research note on Monday. Two research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, HA Sustainable Infrastructure Capital has an average rating of "Moderate Buy" and a consensus price target of $37.90.

HA Sustainable Infrastructure Capital Stock Up 2.2%

HASI stock traded up $0.55 during midday trading on Tuesday, reaching $26.21. The company had a trading volume of 1,423,589 shares, compared to its average volume of 1,177,860. 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 current ratio of 10.81, a quick ratio of 11.04 and a debt-to-equity ratio of 1.82. The company has a market capitalization of $3.26 billion, a P/E ratio of 16.91, a PEG ratio of 0.96 and a beta of 1.62. The company has a 50 day moving average of $26.58 and a two-hundred day moving average of $26.92.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be issued a dividend of $0.42 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.4%. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is currently 108.39%.

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.