HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers increased its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 13.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,405 shares of the real estate investment trust’s stock after buying an additional 2,866 shares during the quarter. Cetera Investment Advisers’ holdings in HA Sustainable Infrastructure Capital were worth $714,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of HASI. Signaturefd LLC raised its position in HA Sustainable Infrastructure Capital by 72.4% during the first quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 495 shares during the period. Figure 8 Investment Strategies LLC boosted its stake in shares of 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 worth $2,272,000 after acquiring an additional 565 shares in the last quarter. Xponance Inc. boosted its stake in shares of 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 worth $280,000 after acquiring an additional 571 shares in the last quarter. Summit Investment Advisors Inc. boosted its stake 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 purchasing an additional 693 shares during the period. Finally, Avantax Advisory Services Inc. boosted its stake 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 purchasing an additional 738 shares during the period. 96.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HASI has been the subject of several recent research reports. Wall Street Zen raised HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. UBS Group raised their price target on HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a “buy” rating in a report on Monday. Two research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, HA Sustainable Infrastructure Capital has an average rating of “Moderate Buy” and an average price target of $37.90.

HA Sustainable Infrastructure Capital Stock Down 0.8%

NYSE:HASI opened at $26.70 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 quick ratio of 11.04, a current ratio of 10.81 and a debt-to-equity ratio of 1.82. The firm has a market capitalization of $3.32 billion, a P/E ratio of 17.22, a P/E/G ratio of 1.01 and a beta of 1.62. The stock’s fifty day simple moving average is $26.65 and its 200-day simple moving average is $26.91.

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Friday, October 3rd will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Friday, October 3rd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 108.39%.

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.