Deutsche Bank AG Lowers Position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Deutsche Bank AG trimmed its stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 2.9% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,001,475 shares of the real estate investment trust’s stock after selling 30,257 shares during the period. Deutsche Bank AG owned 0.81% of HA Sustainable Infrastructure Capital worth $29,283,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of HASI. Signaturefd LLC boosted its holdings in shares of 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 valued at $34,000 after purchasing an additional 495 shares during the last quarter. Figure 8 Investment Strategies LLC lifted its position 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 worth $2,272,000 after buying an additional 565 shares in the last quarter. Xponance Inc. boosted its stake 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 valued at $280,000 after buying an additional 571 shares during the last quarter. Summit Investment Advisors Inc. grew its holdings in HA Sustainable Infrastructure Capital by 6.1% during the 4th quarter. Summit Investment Advisors Inc. now owns 12,084 shares of the real estate investment trust’s stock valued at $324,000 after buying an additional 693 shares in the last quarter. Finally, Avantax Advisory Services Inc. increased its stake in HA Sustainable Infrastructure Capital by 6.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 12,788 shares of the real estate investment trust’s stock worth $374,000 after acquiring an additional 738 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors.

HA Sustainable Infrastructure Capital Stock Up 2.2%

NYSE HASI opened at $26.21 on Wednesday. The company has a quick ratio of 11.04, a current ratio of 10.81 and a debt-to-equity ratio of 1.82. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.98 and a 52 week high of $36.56. The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of 16.91, a PEG ratio of 0.96 and a beta of 1.62. The company has a fifty day moving average of $26.58 and a two-hundred day moving average of $26.92.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Friday, October 3rd will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Friday, October 3rd. HA Sustainable Infrastructure Capital’s dividend payout ratio is 108.39%.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. UBS Group increased their target price on HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a “buy” rating in a research report on Monday. Wall Street Zen upgraded shares of HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Robert W. Baird reduced their target price on shares of HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an “outperform” rating on the stock in a report on Tuesday, April 15th. Two research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $37.90.

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.