HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Purchased by Hood River Capital Management LLC

Hood River Capital Management LLC boosted its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 6.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,603,857 shares of the real estate investment trust's stock after acquiring an additional 101,016 shares during the period. Hood River Capital Management LLC owned 1.35% of HA Sustainable Infrastructure Capital worth $43,031,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of HASI. Tower Research Capital LLC TRC increased its position in HA Sustainable Infrastructure Capital by 94.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 7,594 shares of the real estate investment trust's stock valued at $204,000 after buying an additional 3,696 shares in the last quarter. MetLife Investment Management LLC grew its position in HA Sustainable Infrastructure Capital by 5.8% during the 4th quarter. MetLife Investment Management LLC now owns 68,585 shares of the real estate investment trust's stock valued at $1,840,000 after purchasing an additional 3,738 shares during the last quarter. First Trust Advisors LP increased its stake in HA Sustainable Infrastructure Capital by 14.3% during the 4th quarter. First Trust Advisors LP now owns 582,051 shares of the real estate investment trust's stock valued at $15,616,000 after purchasing an additional 73,031 shares in the last quarter. Freedom Investment Management Inc. raised its holdings in HA Sustainable Infrastructure Capital by 18.3% in the fourth quarter. Freedom Investment Management Inc. now owns 21,628 shares of the real estate investment trust's stock worth $580,000 after buying an additional 3,344 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its holdings in shares of HA Sustainable Infrastructure Capital by 2.3% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 139,905 shares of the real estate investment trust's stock valued at $3,753,000 after buying an additional 3,135 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company's stock.

Analyst Upgrades and Downgrades

HASI has been the topic of a number of recent analyst reports. Wells Fargo & Company initiated coverage on shares of HA Sustainable Infrastructure Capital in a report on Thursday, February 27th. They set an "overweight" rating and a $33.00 price target on the stock. Citigroup upgraded shares of HA Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 price objective on the stock in a research note on Wednesday, January 8th. Truist Financial started 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. Robert W. Baird reduced their price objective 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. Finally, JPMorgan Chase & Co. reduced their price target on HA Sustainable Infrastructure Capital from $42.00 to $39.00 and set an "overweight" rating for the company in a research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, HA Sustainable Infrastructure Capital has a consensus rating of "Moderate Buy" and a consensus price target of $38.92.

HA Sustainable Infrastructure Capital Trading Up 0.7 %

HASI stock traded up $0.18 during trading on Monday, hitting $25.26. The company had a trading volume of 435,346 shares, compared to its average volume of 1,145,092. The company has a quick ratio of 13.55, a current ratio of 11.25 and a debt-to-equity ratio of 1.83. The firm has a market capitalization of $3.13 billion, a P/E ratio of 15.97, a PEG ratio of 1.06 and a beta of 1.83. The company has a 50 day simple moving average of $27.31 and a 200-day simple moving average of $28.83. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $21.98 and a 52-week high of $36.56.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $0.57 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.02). HA Sustainable Infrastructure Capital had a net margin of 52.15% and a return on equity of 11.84%. The company had revenue of $37.74 million during the quarter, compared to analysts' expectations of $25.93 million. As a group, research analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 18th. Investors of record on Friday, April 4th were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 6.65%. This is a positive change from HA Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Friday, April 4th. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is 106.33%.

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.