HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Stock Holdings Trimmed by Voya Investment Management LLC

Voya Investment Management LLC lessened its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 30.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 33,649 shares of the real estate investment trust's stock after selling 14,928 shares during the quarter. Voya Investment Management LLC's holdings in HA Sustainable Infrastructure Capital were worth $903,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HASI. Legend Financial Advisors Inc. purchased a new position in shares of HA Sustainable Infrastructure Capital during the 4th quarter worth approximately $27,000. Blue Trust Inc. lifted its stake 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 purchasing an additional 394 shares in the last quarter. Smartleaf Asset Management LLC boosted 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 buying an additional 439 shares during the period. Roxbury Financial LLC purchased a new stake in HA Sustainable Infrastructure Capital during the 4th quarter worth approximately $39,000. Finally, Allworth Financial LP increased its holdings 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 worth $46,000 after purchasing an additional 1,584 shares during the period. Institutional investors and hedge funds own 96.14% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Truist Financial initiated coverage on shares of HA Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They issued a "buy" rating and a $40.00 price objective for the company. Wells Fargo & Company initiated coverage on shares of HA Sustainable Infrastructure Capital in a research note on Thursday, February 27th. They issued an "overweight" rating and a $33.00 price objective on the stock. JPMorgan Chase & Co. decreased their price target on shares of HA Sustainable Infrastructure Capital from $42.00 to $39.00 and set an "overweight" rating on the stock in a research note on Thursday, January 23rd. Finally, Robert W. Baird lowered their price target on 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. One 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. Based on data from MarketBeat.com, HA Sustainable Infrastructure Capital presently has a consensus rating of "Moderate Buy" and an average price target of $38.92.

HA Sustainable Infrastructure Capital Stock Up 1.2%

HASI traded up $0.32 during trading hours on Monday, reaching $27.29. 167,125 shares of the stock traded hands, compared to its average volume of 1,129,117. The firm's fifty day simple moving average is $26.74 and its two-hundred day simple moving average is $28.20. The company has a debt-to-equity ratio of 1.83, a current ratio of 11.25 and a quick ratio of 13.55. The company has a market cap of $3.38 billion, a price-to-earnings ratio of 17.24, a PEG ratio of 1.06 and a beta of 1.71. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.98 and a fifty-two week high of $36.56.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last issued its earnings results on Thursday, February 13th. The real estate investment trust reported $0.57 earnings per share (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 company had revenue of $37.74 million during the quarter, compared to analyst estimates of $25.93 million. As a group, analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Wednesday, July 2nd will be issued a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 6.16%. HA Sustainable Infrastructure Capital's dividend payout ratio is currently 161.54%.

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.