UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 25.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 369,234 shares of the real estate investment trust's stock after selling 127,969 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.31% of HA Sustainable Infrastructure Capital worth $9,907,000 as of its most recent SEC filing.

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

HA Sustainable Infrastructure Capital Stock Down 1.5%

HA Sustainable Infrastructure Capital stock traded down $0.37 during trading on Wednesday, hitting $25.07. 875,002 shares of the company were exchanged, compared to its average volume of 1,136,109. The business's 50 day moving average is $25.70 and its 200 day moving average is $27.56. 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 market capitalization of $3.03 billion, a P/E ratio of 15.87, a PEG ratio of 1.06 and a beta of 1.71. The company has a current ratio of 11.25, a quick ratio of 13.55 and a debt-to-equity ratio of 1.83.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Wednesday, July 2nd will be given a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $1.68 annualized dividend and a yield of 6.70%. HA Sustainable Infrastructure Capital's dividend payout ratio is currently 161.54%.

Analyst Ratings Changes

HASI has been the subject of several recent research reports. Wall Street Zen downgraded HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Wells Fargo & Company initiated coverage on HA Sustainable Infrastructure Capital in a report on Thursday, February 27th. They set an "overweight" rating and a $33.00 price objective for the company. Robert W. Baird decreased their price objective 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. Finally, Truist Financial initiated coverage on HA Sustainable Infrastructure Capital in a report on Thursday, February 6th. They set a "buy" rating and a $40.00 price objective for the company. One research analyst has rated the stock with a sell rating, one has given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, HA Sustainable Infrastructure Capital has an average rating of "Moderate Buy" and an average target price of $38.00.

About HA Sustainable Infrastructure Capital

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.