GSA Capital Partners LLP Invests $880,000 in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

GSA Capital Partners LLP acquired a new stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,079 shares of the real estate investment trust’s stock, valued at approximately $880,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HASI. Vanguard Group Inc. increased its holdings in HA Sustainable Infrastructure Capital by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 13,245,195 shares of the real estate investment trust’s stock worth $355,369,000 after acquiring an additional 156,695 shares in the last quarter. FMR LLC increased its stake in shares of HA Sustainable Infrastructure Capital by 393.3% in the fourth quarter. FMR LLC now owns 5,688,560 shares of the real estate investment trust’s stock worth $152,624,000 after purchasing an additional 4,535,345 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of HA Sustainable Infrastructure Capital by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 2,683,617 shares of the real estate investment trust’s stock worth $72,018,000 after purchasing an additional 46,733 shares in the last quarter. Northern Trust Corp raised its position in shares of HA Sustainable Infrastructure Capital by 18.1% during the 4th quarter. Northern Trust Corp now owns 1,715,087 shares of the real estate investment trust’s stock valued at $46,016,000 after purchasing an additional 262,443 shares during the period. Finally, Hood River Capital Management LLC lifted its stake in shares of HA Sustainable Infrastructure Capital by 6.7% during the 4th quarter. Hood River Capital Management LLC now owns 1,603,857 shares of the real estate investment trust’s stock valued at $43,031,000 after buying an additional 101,016 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Trading Down 1.2%

Shares of HASI stock opened at $25.67 on Friday. 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 $3.12 billion, a price-to-earnings ratio of 24.68, a price-to-earnings-growth ratio of 0.98 and a beta of 1.63. HA Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.98 and a 12-month high of $36.56. The stock’s 50-day moving average price is $26.56 and its 200-day moving average price is $27.03.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Wednesday, July 2nd were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend was Wednesday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is 161.54%.

Wall Street Analyst Weigh In

HASI has been the subject of a number of analyst reports. Robert W. Baird cut their price target 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. Wall Street Zen lowered HA Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $37.78.

HA Sustainable Infrastructure Capital Company 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.