Yousif Capital Management LLC Has $1.29 Million Position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Yousif Capital Management LLC lowered its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 1.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 44,145 shares of the real estate investment trust’s stock after selling 550 shares during the period. Yousif Capital Management LLC’s holdings in HA Sustainable Infrastructure Capital were worth $1,291,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of HASI. Amalgamated Bank grew its position in shares of HA Sustainable Infrastructure Capital by 1.1% during the 4th quarter. Amalgamated Bank now owns 34,501 shares of the real estate investment trust’s stock worth $926,000 after buying an additional 377 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in HA Sustainable Infrastructure Capital by 1.6% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 25,294 shares of the real estate investment trust’s stock worth $679,000 after acquiring an additional 402 shares during the period. Mutual of America Capital Management LLC grew its holdings in HA Sustainable Infrastructure Capital by 2.5% during the 4th quarter. Mutual of America Capital Management LLC now owns 17,947 shares of the real estate investment trust’s stock worth $482,000 after acquiring an additional 432 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 46.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,380 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 439 shares during the period. Finally, Truist Financial Corp grew its stake in shares of HA Sustainable Infrastructure Capital by 5.1% during the fourth quarter. Truist Financial Corp now owns 9,293 shares of the real estate investment trust’s stock worth $249,000 after purchasing an additional 449 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on HASI shares. Wall Street Zen downgraded shares of HA Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Thursday, May 22nd. Wells Fargo & Company started coverage on HA Sustainable Infrastructure Capital in a report on Thursday, February 27th. They set an “overweight” rating and a $33.00 target price on the stock. Finally, Robert W. Baird decreased their target price on 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. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, HA Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and an average price target of $38.00.

HA Sustainable Infrastructure Capital Trading Down 5.9%

HASI stock opened at $25.69 on Wednesday. The company has a debt-to-equity ratio of 1.91, a quick ratio of 11.04 and a current ratio of 11.04. The company’s 50-day simple moving average is $25.60 and its 200 day simple moving average is $27.35. 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 market capitalization of $3.11 billion, a PE ratio of 24.71, a price-to-earnings-growth ratio of 1.00 and a beta of 1.68.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Wednesday, July 2nd will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.54%. HA Sustainable Infrastructure Capital’s payout ratio is presently 161.54%.

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.