Maven Securities LTD Lowers Position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Maven Securities LTD reduced its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 54.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,000 shares of the real estate investment trust's stock after selling 12,000 shares during the quarter. Maven Securities LTD's holdings in HA Sustainable Infrastructure Capital were worth $268,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in HASI. FMR LLC grew its holdings in shares of 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 acquiring an additional 4,535,345 shares in the last quarter. Norges Bank bought a new position in shares of HA Sustainable Infrastructure Capital in the fourth quarter valued at approximately $30,557,000. Wellington Management Group LLP grew its holdings in shares of 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 acquiring an additional 949,253 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of 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 acquiring an additional 602,456 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of HA Sustainable Infrastructure Capital by 52.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,395,573 shares of the real estate investment trust's stock valued at $37,443,000 after acquiring an additional 482,097 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Stock Performance

Shares of NYSE:HASI traded up $0.19 during trading on Friday, hitting $28.54. 1,097,004 shares of the company were exchanged, compared to its average volume of 1,136,194. The company has a market cap of $3.54 billion, a PE ratio of 18.06, a P/E/G ratio of 1.06 and a beta of 1.71. The stock has a 50 day moving average of $26.60 and a 200 day moving average of $28.05. 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 debt-to-equity ratio of 1.83, a current ratio of 11.25 and a quick ratio of 13.55.

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

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Wednesday, July 2nd will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $1.68 annualized dividend and a dividend yield of 5.89%. HA Sustainable Infrastructure Capital's dividend payout ratio is currently 161.54%.

Analysts Set New Price Targets

HASI has been the subject of several recent analyst reports. JPMorgan Chase & Co. reduced their target price on HA Sustainable Infrastructure Capital from $42.00 to $39.00 and set an "overweight" rating for the company in a report on Thursday, January 23rd. 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. StockNews.com raised 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 report on Thursday, February 27th. They set an "overweight" rating and a $33.00 price objective for the company. 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. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target 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.