Versor Investments LP Purchases Shares of 10,000 HA Sustainable Infrastructure Capital, Inc. $HASI

Key Points

• Versor Investments LP recently acquired 10,000 shares of HA Sustainable Infrastructure Capital, valued at approximately $292,000, in the first quarter of the year.
• HA Sustainable Infrastructure Capital announced a quarterly dividend of $0.42, with an annualized yield of 6.1%, while the company has a dividend payout ratio of 108.39%.
• Analysts have a consensus rating of Buy on HA Sustainable Infrastructure Capital, with a target price of $37.90, reflecting positive growth expectations.

Versor Investments LP bought a new stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,000 shares of the real estate investment trust's stock, valued at approximately $292,000.

Several other institutional investors have also added to or reduced their stakes in HASI. Raymond James Financial Inc. purchased a new stake in HA Sustainable Infrastructure Capital during the 4th quarter valued at $4,623,000. Mariner LLC boosted its stake in HA Sustainable Infrastructure Capital by 3.7% during the 4th quarter. Mariner LLC now owns 21,819 shares of the real estate investment trust's stock valued at $585,000 after purchasing an additional 786 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in HA Sustainable Infrastructure Capital by 2.3% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 139,905 shares of the real estate investment trust's stock valued at $3,753,000 after purchasing an additional 3,135 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of HA Sustainable Infrastructure Capital by 14.3% in the 4th quarter. First Trust Advisors LP now owns 582,051 shares of the real estate investment trust's stock worth $15,616,000 after buying an additional 73,031 shares during the last quarter. Finally, MetLife Investment Management LLC grew its holdings in shares of HA Sustainable Infrastructure Capital by 5.8% in the fourth quarter. MetLife Investment Management LLC now owns 68,585 shares of the real estate investment trust's stock worth $1,840,000 after acquiring an additional 3,738 shares during the period. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI traded up $1.4570 during trading hours on Friday, hitting $28.8170. The stock had a trading volume of 1,273,210 shares, compared to its average volume of 1,197,955. The firm has a market capitalization of $3.58 billion, a PE ratio of 18.59, a PEG ratio of 1.08 and a beta of 1.62. The company has a debt-to-equity ratio of 1.82, a current ratio of 10.81 and a quick ratio of 10.81. The stock has a fifty day moving average price of $26.81 and a 200 day moving average price of $26.89. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $21.98 and a 12 month high of $36.56.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Friday, October 3rd. HA Sustainable Infrastructure Capital's payout ratio is currently 108.39%.

Wall Street Analysts Forecast Growth

HASI has been the subject of several research analyst reports. UBS Group lifted their price objective on HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Wall Street Zen raised HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, HA Sustainable Infrastructure Capital has a consensus rating of "Buy" and an average price target of $37.90.

About HA Sustainable Infrastructure Capital

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.