Mizuho Markets Americas LLC Raises Position in 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 raised its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 3.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 757,498 shares of the real estate investment trust's stock after purchasing an additional 24,075 shares during the quarter. Mizuho Markets Americas LLC owned 0.61% of HA Sustainable Infrastructure Capital worth $22,149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. FMR LLC boosted its holdings in shares of HA Sustainable Infrastructure Capital by 393.3% in the fourth quarter. FMR LLC now owns 5,688,560 shares of the real estate investment trust's stock worth $152,624,000 after acquiring an additional 4,535,345 shares during the period. Tidal Investments LLC grew its holdings in HA Sustainable Infrastructure Capital by 2,466.7% during the 4th quarter. Tidal Investments LLC now owns 699,275 shares of the real estate investment trust's stock valued at $18,762,000 after buying an additional 672,031 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of HA Sustainable Infrastructure Capital during the first quarter valued at about $19,058,000. Rockefeller Capital Management L.P. lifted its holdings in shares of HA Sustainable Infrastructure Capital by 52.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,395,573 shares of the real estate investment trust's stock worth $37,443,000 after buying an additional 482,097 shares in the last quarter. Finally, Citigroup Inc. boosted its position in shares of HA Sustainable Infrastructure Capital by 40.0% in the first quarter. Citigroup Inc. now owns 1,311,379 shares of the real estate investment trust's stock valued at $38,345,000 after acquiring an additional 374,946 shares during the period. 96.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HASI has been the topic of several recent analyst reports. UBS Group increased their target price 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. Wall Street Zen raised HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Two research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $37.90.

HA Sustainable Infrastructure Capital Price Performance

Shares of HA Sustainable Infrastructure Capital stock traded down $0.25 during trading on Thursday, hitting $26.66. 371,336 shares of the stock traded hands, compared to its average volume of 1,280,326. The stock has a market cap of $3.31 billion, a price-to-earnings ratio of 17.20, a PEG ratio of 0.99 and a beta of 1.62. The company has a quick ratio of 11.04, a current ratio of 10.81 and a debt-to-equity ratio of 1.82. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.98 and a 52 week high of $36.56. The firm's fifty day moving average is $26.62 and its 200-day moving average is $26.92.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Friday, October 3rd. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 108.39%.

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.