HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by Essex Investment Management Co. LLC

Essex Investment Management Co. LLC lowered its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 13.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,063 shares of the real estate investment trust’s stock after selling 7,377 shares during the period. Essex Investment Management Co. LLC’s holdings in HA Sustainable Infrastructure Capital were worth $1,435,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Signaturefd LLC grew its holdings in shares of HA Sustainable Infrastructure Capital by 72.4% in the 1st quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 495 shares during the period. Figure 8 Investment Strategies LLC grew its holdings in HA Sustainable Infrastructure Capital by 0.7% during the 1st quarter. Figure 8 Investment Strategies LLC now owns 77,698 shares of the real estate investment trust’s stock valued at $2,272,000 after buying an additional 565 shares during the last quarter. Xponance Inc. grew its holdings in HA Sustainable Infrastructure Capital by 6.3% during the 1st quarter. Xponance Inc. now owns 9,570 shares of the real estate investment trust’s stock valued at $280,000 after buying an additional 571 shares during the last quarter. Summit Investment Advisors Inc. grew its holdings in HA Sustainable Infrastructure Capital by 6.1% during the 4th quarter. Summit Investment Advisors Inc. now owns 12,084 shares of the real estate investment trust’s stock valued at $324,000 after buying an additional 693 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in HA Sustainable Infrastructure Capital by 6.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 12,788 shares of the real estate investment trust’s stock valued at $374,000 after buying an additional 738 shares during the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Price Performance

HASI stock opened at $27.60 on Wednesday. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $21.98 and a 52-week high of $36.56. The stock’s fifty day simple moving average is $26.54 and its 200-day simple moving average is $27.04. The company has a quick ratio of 11.04, a current ratio of 11.04 and a debt-to-equity ratio of 1.91. The stock has a market capitalization of $3.35 billion, a price-to-earnings ratio of 26.54, a price-to-earnings-growth ratio of 1.03 and a beta of 1.68.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Wednesday, July 2nd were given a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 6.09%. The ex-dividend date of this dividend was Wednesday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 161.54%.

Analyst Ratings Changes

HASI has been the topic of a number of analyst reports. Wall Street Zen cut HA Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Thursday, May 22nd. Robert W. Baird lowered their target price on 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. One analyst has rated the stock with a sell rating, one has given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $38.40.

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.