LRI Investments LLC Acquires 12,500 Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

LRI Investments LLC lifted its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 166.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,000 shares of the real estate investment trust's stock after purchasing an additional 12,500 shares during the quarter. LRI Investments LLC's holdings in HA Sustainable Infrastructure Capital were worth $537,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Blue Trust Inc. raised its holdings in HA Sustainable Infrastructure Capital by 57.8% during the fourth quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust's stock worth $29,000 after buying an additional 394 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of HA Sustainable Infrastructure Capital by 46.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,380 shares of the real estate investment trust's stock worth $37,000 after acquiring an additional 439 shares in the last quarter. Roxbury Financial LLC bought a new position in HA Sustainable Infrastructure Capital in the 4th quarter valued at about $39,000. Allworth Financial LP boosted its stake in HA Sustainable Infrastructure Capital by 1,267.2% during the 4th quarter. Allworth Financial LP now owns 1,709 shares of the real estate investment trust's stock valued at $46,000 after purchasing an additional 1,584 shares during the last quarter. Finally, Millstone Evans Group LLC acquired a new position in HA Sustainable Infrastructure Capital during the 4th quarter valued at about $47,000. 96.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HASI. StockNews.com upgraded HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a report on Wednesday. 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 objective on the stock. JPMorgan Chase & Co. reduced their target price on shares of HA Sustainable Infrastructure Capital from $42.00 to $39.00 and set an "overweight" rating for the company in a research note on Thursday, January 23rd. Truist Financial assumed coverage on shares of HA Sustainable Infrastructure Capital in a research report on Thursday, February 6th. They set a "buy" rating and a $40.00 price target on the stock. Finally, Robert W. Baird reduced their price objective on shares of HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Two research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $38.83.

HA Sustainable Infrastructure Capital Stock Performance

Shares of NYSE:HASI traded up $1.10 during mid-day trading on Thursday, reaching $28.33. The company had a trading volume of 1,749,002 shares, compared to its average volume of 1,135,696. 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 current ratio of 11.25, a quick ratio of 13.55 and a debt-to-equity ratio of 1.83. The company's 50-day moving average price is $26.62 and its 200-day moving average price is $28.13. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 1.06 and a beta of 1.71.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $0.57 EPS for the quarter, missing analysts' consensus estimates 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 firm had revenue of $37.74 million for the quarter, compared to analysts' expectations of $25.93 million. As a group, equities research analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

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 issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 5.93%. The ex-dividend date is Wednesday, July 2nd. 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.