Bank of America Corp DE reduced its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 11.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 538,154 shares of the real estate investment trust's stock after selling 69,994 shares during the period. Bank of America Corp DE owned approximately 0.45% of HA Sustainable Infrastructure Capital worth $14,439,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of HASI. Barclays PLC increased its holdings in HA Sustainable Infrastructure Capital by 1.5% in the third quarter. Barclays PLC now owns 476,940 shares of the real estate investment trust's stock valued at $16,441,000 after buying an additional 6,911 shares in the last quarter. Crossmark Global Holdings Inc. boosted its holdings in shares of HA Sustainable Infrastructure Capital by 7.6% during the fourth quarter. Crossmark Global Holdings Inc. now owns 16,410 shares of the real estate investment trust's stock worth $441,000 after purchasing an additional 1,154 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in HA Sustainable Infrastructure Capital by 23.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 36,208 shares of the real estate investment trust's stock worth $986,000 after buying an additional 6,990 shares during the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT boosted its position in shares of HA Sustainable Infrastructure Capital by 35.6% in the fourth quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 61,000 shares of the real estate investment trust's stock worth $1,637,000 after acquiring an additional 16,000 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its holdings in shares of HA Sustainable Infrastructure Capital by 15.7% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 22,312 shares of the real estate investment trust's stock valued at $599,000 after purchasing an additional 3,032 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on HASI shares. Wells Fargo & Company began coverage on shares of HA Sustainable Infrastructure Capital in a research note on Thursday, February 27th. They set an "overweight" rating and a $33.00 price objective for the company. Robert W. Baird decreased their price target on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. Truist Financial started coverage on shares of HA Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They set a "buy" rating and a $40.00 target price for the company. Finally, Wall Street Zen lowered 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 issued a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, HA Sustainable Infrastructure Capital currently has a consensus rating of "Moderate Buy" and a consensus price target of $38.00.
Read Our Latest Stock Report on HASI
HA Sustainable Infrastructure Capital Price Performance
Shares of NYSE:HASI traded up $0.28 during trading on Tuesday, reaching $25.55. The company had a trading volume of 1,847,831 shares, compared to its average volume of 1,137,172. The firm's fifty day moving average is $26.21 and its 200 day moving average is $27.66. The company has a debt-to-equity ratio of 1.83, a quick ratio of 13.55 and a current ratio of 11.25. The firm has a market capitalization of $3.09 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 1.06 and a beta of 1.71. 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 company 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 6.58%. The ex-dividend date of this dividend is Wednesday, July 2nd. HA Sustainable Infrastructure Capital's dividend payout ratio is presently 161.54%.
About HA Sustainable Infrastructure Capital
(
Free Report)
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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