State of Alaska Department of Revenue Has $1.93 Million Stake in HA Sustainable Infrastructure Capital, Inc. $HASI

State of Alaska Department of Revenue lifted its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 9.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,042 shares of the real estate investment trust’s stock after purchasing an additional 6,127 shares during the quarter. State of Alaska Department of Revenue owned 0.06% of HA Sustainable Infrastructure Capital worth $1,934,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of HA Sustainable Infrastructure Capital by 2.3% in the first quarter. Vanguard Group Inc. now owns 13,556,379 shares of the real estate investment trust’s stock valued at $396,389,000 after purchasing an additional 311,184 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its stake in shares of HA Sustainable Infrastructure Capital by 7.0% in the first quarter. T. Rowe Price Investment Management Inc. now owns 5,020,891 shares of the real estate investment trust’s stock valued at $146,811,000 after purchasing an additional 330,314 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of HA Sustainable Infrastructure Capital by 441.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,997,416 shares of the real estate investment trust’s stock valued at $58,404,000 after purchasing an additional 1,628,182 shares in the last quarter. Vontobel Holding Ltd. raised its stake in shares of HA Sustainable Infrastructure Capital by 7.8% in the first quarter. Vontobel Holding Ltd. now owns 1,536,791 shares of the real estate investment trust’s stock valued at $44,936,000 after purchasing an additional 110,617 shares in the last quarter. Finally, Citigroup Inc. raised its stake in shares of HA Sustainable Infrastructure Capital by 40.0% in the first quarter. Citigroup Inc. now owns 1,311,379 shares of the real estate investment trust’s stock valued at $38,345,000 after purchasing an additional 374,946 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Price Performance

Shares of HASI stock opened at $31.15 on Friday. The stock’s fifty day moving average is $27.89 and its 200-day moving average is $26.96. The company has a debt-to-equity ratio of 1.82, a quick ratio of 10.81 and a current ratio of 10.81. The stock has a market capitalization of $3.87 billion, a PE ratio of 20.09, a PEG ratio of 1.17 and a beta of 1.61. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.98 and a 52 week high of $36.56.

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 5.4%. The ex-dividend date is Friday, October 3rd. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 108.39%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HASI. JPMorgan Chase & Co. upped their price target on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a research report on Friday, September 19th. Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, UBS Group upped their price target on HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a “buy” rating in a research report on Monday, August 11th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $38.13.

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.