Royal Bank of Canada Has $17.28 Million Stock Position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Royal Bank of Canada raised its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 8.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 644,053 shares of the real estate investment trust's stock after acquiring an additional 51,401 shares during the period. Royal Bank of Canada owned about 0.54% of HA Sustainable Infrastructure Capital worth $17,279,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC boosted its stake in HA Sustainable Infrastructure Capital by 1.5% during the 3rd quarter. Barclays PLC now owns 476,940 shares of the real estate investment trust's stock worth $16,441,000 after acquiring an additional 6,911 shares during the last quarter. Crossmark Global Holdings Inc. raised its stake in HA Sustainable Infrastructure Capital by 7.6% during the 4th quarter. Crossmark Global Holdings Inc. now owns 16,410 shares of the real estate investment trust's stock worth $441,000 after buying an additional 1,154 shares during the period. Nisa Investment Advisors LLC lifted its holdings in HA Sustainable Infrastructure Capital by 23.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 36,208 shares of the real estate investment trust's stock worth $986,000 after acquiring an additional 6,990 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in HA Sustainable Infrastructure Capital by 15.7% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 22,312 shares of the real estate investment trust's stock valued at $599,000 after acquiring an additional 3,032 shares during the period. Finally, AEGON ASSET MANAGEMENT UK Plc acquired a new position in shares of HA Sustainable Infrastructure Capital during the fourth quarter worth about $2,247,000. Institutional investors and hedge funds own 96.14% of the company's stock.

Analyst Ratings Changes

HASI has been the topic of several research reports. Wall Street Zen cut HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Truist Financial initiated coverage on shares of HA Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They issued a "buy" rating and a $40.00 price target for the company. Wells Fargo & Company assumed 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 on the stock. Finally, Robert W. Baird reduced their price target on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $38.00.

HA Sustainable Infrastructure Capital Price Performance

Shares of HASI stock traded down $0.17 during trading on Friday, hitting $25.29. The company had a trading volume of 150,173 shares, compared to its average volume of 1,129,800. The firm has a market capitalization of $3.06 billion, a P/E ratio of 16.00, a price-to-earnings-growth ratio of 1.06 and a beta of 1.71. HA Sustainable Infrastructure Capital, Inc. has a one year low of $21.98 and a one year high of $36.56. 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 stock's 50-day moving average price is $26.05 and its 200 day moving average price is $27.62.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Wednesday, July 2nd will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $1.68 annualized dividend and a dividend yield of 6.64%. HA Sustainable Infrastructure Capital's dividend payout ratio is 161.54%.

HA Sustainable Infrastructure Capital Company 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.