Border to Coast Pensions Partnership Ltd Sells 25,000 Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Border to Coast Pensions Partnership Ltd cut its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 5.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 420,000 shares of the real estate investment trust's stock after selling 25,000 shares during the quarter. Border to Coast Pensions Partnership Ltd owned about 0.35% of HA Sustainable Infrastructure Capital worth $12,281,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HASI. Amalgamated Bank grew its holdings in HA Sustainable Infrastructure Capital by 1.1% during the 4th quarter. Amalgamated Bank now owns 34,501 shares of the real estate investment trust's stock valued at $926,000 after buying an additional 377 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in HA Sustainable Infrastructure Capital by 1.6% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 25,294 shares of the real estate investment trust's stock valued at $679,000 after acquiring an additional 402 shares in the last quarter. Mutual of America Capital Management LLC increased its holdings in HA Sustainable Infrastructure Capital by 2.5% during the 4th quarter. Mutual of America Capital Management LLC now owns 17,947 shares of the real estate investment trust's stock worth $482,000 after acquiring an additional 432 shares during the period. Smartleaf Asset Management LLC lifted its stake in HA Sustainable Infrastructure Capital by 46.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,380 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 439 shares in the last quarter. Finally, Truist Financial Corp boosted its holdings in HA Sustainable Infrastructure Capital by 5.1% in the 4th quarter. Truist Financial Corp now owns 9,293 shares of the real estate investment trust's stock valued at $249,000 after purchasing an additional 449 shares during the period. 96.14% of the stock is currently owned by institutional investors.

HA Sustainable Infrastructure Capital Stock Performance

HA Sustainable Infrastructure Capital stock opened at $27.82 on Friday. The firm has a fifty day simple moving average of $25.95 and a two-hundred day simple moving average of $27.14. The company has a quick ratio of 11.04, a current ratio of 11.04 and a debt-to-equity ratio of 1.91. HA Sustainable Infrastructure Capital, Inc. has a twelve month low of $21.98 and a twelve month high of $36.56. The company has a market capitalization of $3.36 billion, a PE ratio of 26.75, a P/E/G ratio of 0.99 and a beta of 1.68.

HA Sustainable Infrastructure Capital Dividend Announcement

The business 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 dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.04%. The ex-dividend date is Wednesday, July 2nd. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 161.54%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HASI. Robert W. Baird lowered their price objective on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 15th. Wall Street Zen lowered HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Finally, Wells Fargo & Company began coverage on HA Sustainable Infrastructure Capital in a research report on Thursday, February 27th. They set an "overweight" rating and a $33.00 price target for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, HA Sustainable Infrastructure Capital currently has an average rating of "Moderate Buy" and an average target price of $38.00.

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.

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