Victory Capital Management Inc. Decreases Stock Holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Victory Capital Management Inc. lowered its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 14.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,763 shares of the real estate investment trust's stock after selling 19,784 shares during the period. Victory Capital Management Inc. owned approximately 0.10% of HA Sustainable Infrastructure Capital worth $3,473,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. GAMMA Investing LLC increased its holdings in HA Sustainable Infrastructure Capital by 31.5% in the 1st quarter. GAMMA Investing LLC now owns 5,843 shares of the real estate investment trust's stock valued at $171,000 after purchasing an additional 1,400 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of HA Sustainable Infrastructure Capital by 3.1% in the first quarter. Principal Financial Group Inc. now owns 592,282 shares of the real estate investment trust's stock worth $17,318,000 after buying an additional 17,880 shares during the period. Aurora Private Wealth Inc. purchased a new stake in shares of HA Sustainable Infrastructure Capital in the first quarter worth about $675,000. Apollon Wealth Management LLC acquired a new stake in shares of HA Sustainable Infrastructure Capital in the first quarter valued at about $624,000. Finally, Schroder Investment Management Group grew its stake in shares of HA Sustainable Infrastructure Capital by 174.5% in the fourth quarter. Schroder Investment Management Group now owns 721,183 shares of the real estate investment trust's stock valued at $19,263,000 after buying an additional 458,435 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company's stock.

Wall Street Analysts Forecast Growth

HASI has been the topic of several recent research reports. Wall Street Zen lowered HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Robert W. Baird reduced their target price on shares of HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $38.40.

HA Sustainable Infrastructure Capital Stock Performance

HA Sustainable Infrastructure Capital stock opened at $27.91 on Monday. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.98 and a 52 week high of $36.56. The company has a current ratio of 11.04, a quick ratio of 11.04 and a debt-to-equity ratio of 1.91. The stock has a market cap of $3.39 billion, a P/E ratio of 26.83, a price-to-earnings-growth ratio of 1.04 and a beta of 1.68. The stock has a 50 day moving average of $26.56 and a 200-day moving average of $27.04.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Wednesday, July 2nd were issued a $0.42 dividend. The ex-dividend date was Wednesday, July 2nd. This represents a $1.68 annualized dividend and a yield of 6.02%. HA Sustainable Infrastructure Capital's dividend payout ratio is presently 161.54%.

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.

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