HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Stock Position Lessened by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 25.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 369,234 shares of the real estate investment trust's stock after selling 127,969 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.31% of HA Sustainable Infrastructure Capital worth $9,907,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Barclays PLC increased its position in shares of HA Sustainable Infrastructure Capital by 1.5% in the 3rd quarter. Barclays PLC now owns 476,940 shares of the real estate investment trust's stock worth $16,441,000 after purchasing an additional 6,911 shares during the last quarter. Blue Trust Inc. grew its stake 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 worth $29,000 after purchasing an additional 394 shares in the last quarter. KBC Group NV increased its holdings in HA Sustainable Infrastructure Capital by 68.0% in the fourth quarter. KBC Group NV now owns 5,399 shares of the real estate investment trust's stock valued at $145,000 after buying an additional 2,186 shares during the last quarter. Everett Harris & Co. CA raised its stake in HA Sustainable Infrastructure Capital by 68.5% during the fourth quarter. Everett Harris & Co. CA now owns 24,600 shares of the real estate investment trust's stock valued at $660,000 after buying an additional 10,000 shares in the last quarter. Finally, Abundance Wealth Counselors raised its stake in HA Sustainable Infrastructure Capital by 2.1% during the fourth quarter. Abundance Wealth Counselors now owns 39,649 shares of the real estate investment trust's stock valued at $1,064,000 after buying an additional 820 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HASI has been the subject of several research reports. Wall Street Zen lowered HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Wells Fargo & Company started coverage on shares of HA Sustainable Infrastructure Capital in a report on Thursday, February 27th. They issued an "overweight" rating and a $33.00 price objective for the company. 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 for the company in a research note on Tuesday, April 15th. Finally, Truist Financial assumed coverage on shares of HA Sustainable Infrastructure Capital in a research report on Thursday, February 6th. They issued a "buy" rating and a $40.00 price target on the stock. One analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $38.00.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock traded up $0.69 during trading hours on Tuesday, reaching $25.43. The stock had a trading volume of 606,843 shares, compared to its average volume of 1,133,625. The firm has a market capitalization of $3.08 billion, a PE ratio of 16.09, a price-to-earnings-growth ratio of 1.06 and a beta of 1.71. The firm has a 50-day simple moving average of $25.87 and a 200-day simple moving average of $27.59. 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 debt-to-equity ratio of 1.83, a current ratio of 11.25 and a quick ratio of 13.55.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Wednesday, July 2nd will be issued a dividend of $0.42 per share. The ex-dividend date is Wednesday, July 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.61%. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 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.