Boston Common Asset Management LLC Decreases Stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Boston Common Asset Management LLC cut its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 8.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 224,672 shares of the real estate investment trust's stock after selling 21,184 shares during the period. Boston Common Asset Management LLC owned 0.19% of HA Sustainable Infrastructure Capital worth $6,569,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Wellington Management Group LLP boosted its holdings in shares of HA Sustainable Infrastructure Capital by 7.2% during the 4th quarter. Wellington Management Group LLP now owns 14,155,411 shares of the real estate investment trust's stock worth $379,790,000 after buying an additional 949,253 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of HA Sustainable Infrastructure Capital by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 13,245,195 shares of the real estate investment trust's stock worth $355,369,000 after buying an additional 156,695 shares in the last quarter. FMR LLC boosted its holdings in shares of HA Sustainable Infrastructure Capital by 393.3% during the 4th quarter. FMR LLC now owns 5,688,560 shares of the real estate investment trust's stock worth $152,624,000 after buying an additional 4,535,345 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of HA Sustainable Infrastructure Capital by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 2,683,617 shares of the real estate investment trust's stock worth $72,018,000 after buying an additional 46,733 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of HA Sustainable Infrastructure Capital by 37.5% during the 4th quarter. Bank of New York Mellon Corp now owns 2,208,894 shares of the real estate investment trust's stock worth $59,265,000 after buying an additional 602,456 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Truist Financial assumed coverage on HA Sustainable Infrastructure Capital in a report on Thursday, February 6th. They issued a "buy" rating and a $40.00 target price on the stock. Wells Fargo & Company began coverage on HA Sustainable Infrastructure Capital in a report on Thursday, February 27th. They issued an "overweight" rating and a $33.00 target price on the stock. Robert W. Baird lowered 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. Finally, Wall Street Zen lowered shares of HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. One analyst has rated the stock with a sell rating, one has given a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. Based on data from 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 Stock Performance

Shares of NYSE HASI traded down $0.39 during mid-day trading on Monday, reaching $24.66. 436,454 shares of the company's stock were exchanged, compared to its average volume of 1,204,749. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of 15.61, a price-to-earnings-growth ratio of 1.06 and a beta of 1.71. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.98 and a 52 week high of $36.56. The company has a debt-to-equity ratio of 1.83, a current ratio of 11.25 and a quick ratio of 13.55. The firm has a 50-day moving average price of $25.96 and a two-hundred day moving average price of $27.61.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Wednesday, July 2nd will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.81%. The ex-dividend date is Wednesday, July 2nd. HA Sustainable Infrastructure Capital's dividend payout ratio is currently 161.54%.

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.