Cerity Partners LLC Has $565,000 Holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Cerity Partners LLC boosted its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 8.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,332 shares of the real estate investment trust’s stock after acquiring an additional 1,497 shares during the quarter. Cerity Partners LLC’s holdings in HA Sustainable Infrastructure Capital were worth $565,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Garde Capital Inc. bought a new position in shares of HA Sustainable Infrastructure Capital during the first quarter valued at about $35,000. Parallel Advisors LLC boosted its stake in shares of HA Sustainable Infrastructure Capital by 3,221.5% in the 1st quarter. Parallel Advisors LLC now owns 2,159 shares of the real estate investment trust’s stock worth $63,000 after buying an additional 2,094 shares during the last quarter. Sterling Capital Management LLC grew its holdings in shares of HA Sustainable Infrastructure Capital by 830.9% in the fourth quarter. Sterling Capital Management LLC now owns 3,640 shares of the real estate investment trust’s stock valued at $98,000 after acquiring an additional 3,249 shares in the last quarter. Bartlett & CO. Wealth Management LLC bought a new position in shares of HA Sustainable Infrastructure Capital in the first quarter valued at approximately $146,000. Finally, GAMMA Investing LLC increased its position in shares of HA Sustainable Infrastructure Capital by 31.5% during the first quarter. GAMMA Investing LLC now owns 5,843 shares of the real estate investment trust’s stock valued at $171,000 after acquiring an additional 1,400 shares during the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on HASI. Wall Street Zen downgraded HA Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Thursday, May 22nd. Robert W. Baird cut their target price on shares of HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an “outperform” rating for the company in a research report on Tuesday, April 15th. One analyst has rated the stock with a sell rating, one has issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, HA Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and an average price target of $38.00.

HA Sustainable Infrastructure Capital Stock Up 0.3%

Shares of HASI stock opened at $27.91 on Friday. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $21.98 and a 12 month high of $36.56. The company has a 50 day simple moving average of $26.56 and a two-hundred day simple moving average of $27.04. The stock has a market cap of $3.39 billion, a P/E ratio of 26.83, a P/E/G ratio of 1.03 and a beta of 1.68. The company has a current ratio of 11.04, a quick ratio of 11.04 and a debt-to-equity ratio of 1.91.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Wednesday, July 2nd were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 6.02%. The ex-dividend date was Wednesday, July 2nd. 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.