HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Get Free Report) shares traded down 4.1% during mid-day trading on Tuesday . The stock traded as low as $26.13 and last traded at $26.18. 192,452 shares changed hands during trading, a decline of 83% from the average session volume of 1,153,711 shares. The stock had previously closed at $27.31.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the stock. Wells Fargo & Company assumed coverage on shares of HA Sustainable Infrastructure Capital in a report on Thursday, February 27th. They set an "overweight" rating and a $33.00 price objective on the stock. Robert W. Baird cut their price objective on shares of HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Finally, Wall Street Zen downgraded shares of HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $38.00.
Check Out Our Latest Stock Report on HASI
HA Sustainable Infrastructure Capital Stock Performance
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 capitalization of $3.10 billion, a PE ratio of 24.67, a price-to-earnings-growth ratio of 0.95 and a beta of 1.68. The firm's fifty day moving average price is $25.74 and its two-hundred day moving average price is $27.27.
HA Sustainable Infrastructure Capital Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Wednesday, July 2nd will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 6.55%. The ex-dividend date is Wednesday, July 2nd. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is 161.54%.
Hedge Funds Weigh In On HA Sustainable Infrastructure Capital
Institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP lifted its position in shares of HA Sustainable Infrastructure Capital by 7.2% during the 4th quarter. Wellington Management Group LLP now owns 14,155,411 shares of the real estate investment trust's stock valued at $379,790,000 after buying an additional 949,253 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of HA Sustainable Infrastructure Capital by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 13,556,379 shares of the real estate investment trust's stock valued at $396,389,000 after buying an additional 311,184 shares in the last quarter. FMR LLC lifted its position in shares of HA Sustainable Infrastructure Capital by 393.3% during the 4th quarter. FMR LLC now owns 5,688,560 shares of the real estate investment trust's stock valued at $152,624,000 after buying an additional 4,535,345 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its position in shares of HA Sustainable Infrastructure Capital by 7.0% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,020,891 shares of the real estate investment trust's stock valued at $146,811,000 after buying an additional 330,314 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of HA Sustainable Infrastructure Capital by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 2,683,617 shares of the real estate investment trust's stock valued at $72,018,000 after buying an additional 46,733 shares in the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.
About HA Sustainable Infrastructure Capital
(
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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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