HA Sustainable Infrastructure Capital, Inc. $HASI Shares Bought by Abundance Wealth Counselors

Abundance Wealth Counselors grew its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 4.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 42,439 shares of the real estate investment trust’s stock after acquiring an additional 1,759 shares during the period. Abundance Wealth Counselors’ holdings in HA Sustainable Infrastructure Capital were worth $1,140,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Signaturefd LLC grew its stake in shares of 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. Figure 8 Investment Strategies LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 0.7% during 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. grew its stake in shares of 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 valued at $280,000 after acquiring an additional 571 shares in the last quarter. Harrington Investments INC grew its stake in shares of HA Sustainable Infrastructure Capital by 4.3% during the second quarter. Harrington Investments INC now owns 14,539 shares of the real estate investment trust’s stock valued at $391,000 after acquiring an additional 600 shares in the last quarter. Finally, Evergreen Capital Management LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 4.7% during the first quarter. Evergreen Capital Management LLC now owns 14,699 shares of the real estate investment trust’s stock valued at $430,000 after acquiring an additional 655 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Stock Down 1.2%

NYSE:HASI opened at $31.15 on Friday. 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 50-day simple moving average of $27.89 and a 200 day simple moving average of $26.96. HA Sustainable Infrastructure Capital, Inc. has a one year low of $21.98 and a one year high of $36.56. The company has a market capitalization of $3.87 billion, a price-to-earnings ratio of 20.09, a price-to-earnings-growth ratio of 1.17 and a beta of 1.61.

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 $0.42 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.68 dividend on an annualized basis and a yield of 5.4%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 108.39%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on HASI. UBS Group raised their target price on 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. JPMorgan Chase & Co. lifted their price target on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an “overweight” rating in a research note on Friday, September 19th. Finally, Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.