PFG Investments LLC Acquires 4,540 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

PFG Investments LLC lifted its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 2.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 222,499 shares of the real estate investment trust’s stock after buying an additional 4,540 shares during the period. PFG Investments LLC’s holdings in HA Sustainable Infrastructure Capital were worth $5,976,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in 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 worth $58,404,000 after purchasing an additional 1,628,182 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in HA Sustainable Infrastructure Capital in the first quarter worth approximately $19,058,000. Nuveen LLC bought a new stake in HA Sustainable Infrastructure Capital in the first quarter worth approximately $12,371,000. Citigroup Inc. increased its stake in shares of HA Sustainable Infrastructure Capital by 40.0% in the 1st quarter. Citigroup Inc. now owns 1,311,379 shares of the real estate investment trust’s stock valued at $38,345,000 after acquiring an additional 374,946 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. increased its stake in shares of HA Sustainable Infrastructure Capital by 7.0% in the 1st 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 acquiring an additional 330,314 shares in the last quarter. 96.14% of the stock is owned by institutional investors.

HA Sustainable Infrastructure Capital Trading Down 0.6%

NYSE:HASI opened at $30.70 on Wednesday. The company has a debt-to-equity ratio of 1.82, a current ratio of 10.81 and a quick ratio of 10.81. The firm has a 50-day moving average of $27.76 and a 200-day moving average of $26.92. The company has a market cap of $3.82 billion, a PE ratio of 19.81, a PEG ratio of 1.15 and a beta of 1.58. HA Sustainable Infrastructure Capital, Inc. has a one year low of $21.98 and a one year high of $36.56.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently disclosed 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 5.5%. The ex-dividend date of this dividend is Friday, October 3rd. HA Sustainable Infrastructure Capital’s payout ratio is currently 108.39%.

Analyst Ratings Changes

Several analysts have recently weighed in on HASI shares. JPMorgan Chase & Co. lifted their price objective 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 lifted their price target 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 HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $38.13.

HA Sustainable Infrastructure Capital 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.