GAMMA Investing LLC Purchases 1,400 Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

GAMMA Investing LLC increased its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 31.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 5,843 shares of the real estate investment trust’s stock after acquiring an additional 1,400 shares during the quarter. GAMMA Investing LLC’s holdings in HA Sustainable Infrastructure Capital were worth $171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its holdings in shares of HA Sustainable Infrastructure Capital by 46.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,380 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 439 shares during the period. Millstone Evans Group LLC bought a new stake in shares of HA Sustainable Infrastructure Capital in the fourth quarter worth $47,000. Parallel Advisors LLC grew its holdings in shares of HA Sustainable Infrastructure Capital by 3,221.5% in the first quarter. Parallel Advisors LLC now owns 2,159 shares of the real estate investment trust’s stock worth $63,000 after acquiring an additional 2,094 shares during the period. Sterling Capital Management LLC grew its holdings in shares of HA Sustainable Infrastructure Capital by 830.9% in the fourth quarter. Sterling Capital Management LLC now owns 3,640 shares of the real estate investment trust’s stock worth $98,000 after acquiring an additional 3,249 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of HA Sustainable Infrastructure Capital by 16.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,625 shares of the real estate investment trust’s stock worth $178,000 after acquiring an additional 946 shares during the period. Institutional investors own 96.14% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on HASI. Wall Street Zen lowered HA Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Thursday, May 22nd. Robert W. Baird cut their price target on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an “outperform” rating for the company in a report on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, HA Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.00.

HA Sustainable Infrastructure Capital Stock Performance

NYSE HASI opened at $27.26 on Friday. The firm has a market cap of $3.31 billion, a price-to-earnings ratio of 26.21, a price-to-earnings-growth ratio of 1.01 and a beta of 1.68. The company has a quick ratio of 11.04, a current ratio of 11.04 and a debt-to-equity ratio of 1.91. The business has a 50-day moving average price of $26.30 and a 200-day moving average price of $27.05. HA Sustainable Infrastructure Capital, Inc. has a twelve month low of $21.98 and a twelve month high of $36.56.

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Wednesday, July 2nd will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.16%. The ex-dividend date is Wednesday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 161.54%.

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.