Nia Impact Advisors LLC Acquires 15,420 Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Nia Impact Advisors LLC lifted its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 12.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 134,870 shares of the real estate investment trust's stock after buying an additional 15,420 shares during the period. HA Sustainable Infrastructure Capital makes up about 1.2% of Nia Impact Advisors LLC's investment portfolio, making the stock its 26th biggest position. Nia Impact Advisors LLC owned approximately 0.11% of HA Sustainable Infrastructure Capital worth $3,619,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Amalgamated Bank lifted its position in HA Sustainable Infrastructure Capital by 1.1% during the fourth quarter. Amalgamated Bank now owns 34,501 shares of the real estate investment trust's stock valued at $926,000 after purchasing an additional 377 shares in the last quarter. 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 valued at $29,000 after acquiring an additional 394 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in HA Sustainable Infrastructure Capital by 1.6% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 25,294 shares of the real estate investment trust's stock valued at $679,000 after acquiring an additional 402 shares during the period. Mutual of America Capital Management LLC raised its holdings in HA Sustainable Infrastructure Capital by 2.5% during the fourth quarter. Mutual of America Capital Management LLC now owns 17,947 shares of the real estate investment trust's stock valued at $482,000 after acquiring an additional 432 shares during the period. Finally, Smartleaf Asset Management LLC raised its holdings in 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 valued at $37,000 after acquiring an additional 439 shares during the period. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Robert W. Baird decreased their price target on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Truist Financial assumed coverage on HA Sustainable Infrastructure Capital in a report on Thursday, February 6th. They set a "buy" rating and a $40.00 price target on the stock. StockNews.com raised HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a report on Wednesday. JPMorgan Chase & Co. decreased their price target on HA Sustainable Infrastructure Capital from $42.00 to $39.00 and set an "overweight" rating on the stock in a report on Thursday, January 23rd. Finally, Wells Fargo & Company started coverage on 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. Two analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $38.00.

HA Sustainable Infrastructure Capital Trading Up 0.7%

HASI traded up $0.19 on Friday, hitting $28.54. The company had a trading volume of 1,097,004 shares, compared to its average volume of 1,136,194. The business's fifty day simple moving average is $26.60 and its 200 day simple moving average is $28.05. The company has a quick ratio of 13.55, a current ratio of 11.25 and a debt-to-equity ratio of 1.83. HA Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.98 and a 12-month high of $36.56. The company has a market cap of $3.54 billion, a PE ratio of 18.06, a PEG ratio of 1.06 and a beta of 1.71.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last announced its 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 return on equity of 11.84% and a net margin of 52.15%. The company had revenue of $37.74 million during the quarter, compared to analysts' expectations of $25.93 million. Equities research analysts expect that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

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