HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Bought by Millennium Management LLC

Millennium Management LLC raised its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 171.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 436,586 shares of the real estate investment trust's stock after acquiring an additional 275,647 shares during the quarter. Millennium Management LLC owned 0.37% of HA Sustainable Infrastructure Capital worth $11,714,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HASI. Blue Trust Inc. lifted its holdings in HA Sustainable Infrastructure Capital by 57.8% in the fourth quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust's stock valued at $29,000 after acquiring an additional 394 shares during the period. Smartleaf Asset Management LLC lifted its holdings in HA Sustainable Infrastructure Capital by 46.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,380 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 439 shares during the period. Roxbury Financial LLC acquired a new stake in HA Sustainable Infrastructure Capital in the fourth quarter valued at $39,000. Allworth Financial LP lifted its holdings in HA Sustainable Infrastructure Capital by 1,267.2% in the fourth quarter. Allworth Financial LP now owns 1,709 shares of the real estate investment trust's stock valued at $46,000 after acquiring an additional 1,584 shares during the period. Finally, Millstone Evans Group LLC acquired a new stake in HA Sustainable Infrastructure Capital in the fourth quarter valued at $47,000. Institutional investors and hedge funds own 96.14% of the company's stock.

HA Sustainable Infrastructure Capital Price Performance

HASI stock traded down $0.03 during trading on Thursday, hitting $25.30. The stock had a trading volume of 187,681 shares, compared to its average volume of 1,196,358. The company's 50 day moving average price is $26.13 and its two-hundred day moving average price is $27.65. HA Sustainable Infrastructure Capital, Inc. has a 1-year low of $21.98 and a 1-year high of $36.56. The stock has a market cap of $3.06 billion, a price-to-earnings ratio of 16.02, a price-to-earnings-growth ratio of 1.06 and a beta of 1.71. The company has a debt-to-equity ratio of 1.83, a quick ratio of 13.55 and a current ratio of 11.25.

HA Sustainable Infrastructure Capital Announces Dividend

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 6.64%. The ex-dividend date of this dividend is Wednesday, July 2nd. HA Sustainable Infrastructure Capital's dividend payout ratio is currently 161.54%.

Wall Street Analyst Weigh In

HASI has been the subject of a number of recent analyst reports. Robert W. Baird reduced their target price 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. Wells Fargo & Company initiated coverage on HA Sustainable Infrastructure Capital in a research note on Thursday, February 27th. They set an "overweight" rating and a $33.00 price target for the company. Truist Financial initiated coverage on HA Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They set a "buy" rating and a $40.00 price target for the company. Finally, Wall Street Zen downgraded HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. One investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $38.00.

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.