Boston Common Asset Management LLC Cuts Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Boston Common Asset Management LLC reduced its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 3.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 216,706 shares of the real estate investment trust’s stock after selling 7,966 shares during the period. Boston Common Asset Management LLC owned 0.18% of HA Sustainable Infrastructure Capital worth $5,821,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in HA Sustainable Infrastructure Capital by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 13,556,379 shares of the real estate investment trust’s stock worth $396,389,000 after buying an additional 311,184 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its stake in HA Sustainable Infrastructure Capital by 7.0% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,020,891 shares of the real estate investment trust’s stock worth $146,811,000 after buying an additional 330,314 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in HA Sustainable Infrastructure Capital by 441.0% during the 1st 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 buying an additional 1,628,182 shares in the last quarter. Vontobel Holding Ltd. increased its stake in HA Sustainable Infrastructure Capital by 7.8% during the 1st quarter. Vontobel Holding Ltd. now owns 1,536,791 shares of the real estate investment trust’s stock worth $44,936,000 after buying an additional 110,617 shares in the last quarter. Finally, Citigroup Inc. increased its stake in HA Sustainable Infrastructure Capital by 40.0% during the 1st quarter. Citigroup Inc. now owns 1,311,379 shares of the real estate investment trust’s stock worth $38,345,000 after buying an additional 374,946 shares in the last quarter. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HASI has been the subject of a number of analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Saturday, September 27th. JPMorgan Chase & Co. upped their price target on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a research report on Friday, September 19th. Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, UBS Group upped their price target on HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a “buy” rating in a research report on Monday, August 11th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $38.13.

HA Sustainable Infrastructure Capital Stock Down 1.5%

NYSE:HASI opened at $30.69 on Friday. The company has a quick ratio of 10.81, a current ratio of 10.81 and a debt-to-equity ratio of 1.82. The stock’s fifty day moving average is $27.95 and its two-hundred day moving average is $26.95. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.98 and a 52 week high of $36.56. The stock has a market capitalization of $3.82 billion, a price-to-earnings ratio of 19.80, a price-to-earnings-growth ratio of 1.14 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. Investors of record on Friday, October 3rd will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend is Friday, October 3rd. HA Sustainable Infrastructure Capital’s dividend payout ratio is 108.39%.

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.