Voya Investment Management LLC Sells 2,516 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Voya Investment Management LLC trimmed its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 7.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,133 shares of the real estate investment trust’s stock after selling 2,516 shares during the period. Voya Investment Management LLC’s holdings in HA Sustainable Infrastructure Capital were worth $910,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Zions Bancorporation National Association UT purchased a new position in HA Sustainable Infrastructure Capital during the first quarter valued at $29,000. Signaturefd LLC grew its stake 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 acquiring an additional 495 shares in the last quarter. Garde Capital Inc. purchased a new position in HA Sustainable Infrastructure Capital during the first quarter valued at $35,000. Parallel Advisors LLC grew its stake in HA Sustainable Infrastructure Capital by 3,221.5% during the first quarter. Parallel Advisors LLC now owns 2,159 shares of the real estate investment trust’s stock valued at $63,000 after acquiring an additional 2,094 shares in the last quarter. Finally, Cheviot Value Management LLC purchased a new position in HA Sustainable Infrastructure Capital during the first quarter valued at $70,000. 96.14% of the stock is currently owned by institutional investors.

HA Sustainable Infrastructure Capital Stock Performance

Shares of NYSE:HASI opened at $29.63 on Thursday. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.98 and a 52 week high of $36.56. The stock has a market capitalization of $3.68 billion, a P/E ratio of 19.11, a PEG ratio of 1.09 and a beta of 1.58. The firm has a fifty day simple moving average of $27.50 and a two-hundred day simple moving average of $26.88. The company has a quick ratio of 10.81, a current ratio of 10.81 and a debt-to-equity ratio of 1.82.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Friday, October 3rd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 108.39%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on HASI shares. JPMorgan Chase & Co. raised their target price on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Friday, September 19th. UBS Group raised their target price on shares of HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Finally, Wall Street Zen raised shares of HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $38.13.

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.