Louisiana State Employees Retirement System Buys 500 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Louisiana State Employees Retirement System grew its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 0.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 56,500 shares of the real estate investment trust’s stock after purchasing an additional 500 shares during the quarter. Louisiana State Employees Retirement System’s holdings in HA Sustainable Infrastructure Capital were worth $1,518,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in HASI. Signaturefd LLC increased its position in HA Sustainable Infrastructure Capital by 72.4% during the 1st quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 495 shares during the period. Figure 8 Investment Strategies LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 0.7% in the first 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 acquiring an additional 565 shares in the last quarter. Xponance Inc. increased its position in HA Sustainable Infrastructure Capital by 6.3% during the first 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 during the period. Harrington Investments INC raised its stake in HA Sustainable Infrastructure Capital by 4.3% in the 2nd quarter. Harrington Investments INC now owns 14,539 shares of the real estate investment trust’s stock worth $391,000 after purchasing an additional 600 shares in the last quarter. Finally, Evergreen Capital Management LLC boosted its holdings in HA Sustainable Infrastructure Capital by 4.7% in the 1st quarter. Evergreen Capital Management LLC now owns 14,699 shares of the real estate investment trust’s stock valued at $430,000 after purchasing an additional 655 shares during the period. 96.14% of the stock is owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Stock Down 3.5%

Shares of NYSE:HASI opened at $29.54 on Monday. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $21.98 and a 52-week high of $36.56. The company has a market capitalization of $3.67 billion, a PE ratio of 19.06, a price-to-earnings-growth ratio of 1.10 and a beta of 1.61. 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 company has a fifty day moving average of $28.31 and a 200-day moving average of $26.97.

HA Sustainable Infrastructure Capital Announces Dividend

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

Analyst Ratings Changes

A number of research firms have recently weighed in on HASI. Weiss Ratings reiterated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, October 8th. UBS Group lifted their price objective on HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a “buy” rating in a report on Monday, August 11th. JPMorgan Chase & Co. increased their target price on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an “overweight” rating in a report on Friday, September 19th. The Goldman Sachs Group raised their price target on HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, HA Sustainable Infrastructure Capital presently has an average rating of “Moderate Buy” and an average price target 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.