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

Voya Investment Management LLC lowered its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 30.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of HASI. Hood River Capital Management LLC raised its holdings in shares of HA Sustainable Infrastructure Capital by 6.7% in the fourth quarter. Hood River Capital Management LLC now owns 1,603,857 shares of the real estate investment trust's stock valued at $43,031,000 after acquiring an additional 101,016 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in shares of HA Sustainable Infrastructure Capital by 94.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 7,594 shares of the real estate investment trust's stock worth $204,000 after purchasing an additional 3,696 shares during the period. MetLife Investment Management LLC increased its holdings in HA Sustainable Infrastructure Capital by 5.8% during the fourth quarter. MetLife Investment Management LLC now owns 68,585 shares of the real estate investment trust's stock valued at $1,840,000 after buying an additional 3,738 shares during the period. First Trust Advisors LP lifted its holdings in HA Sustainable Infrastructure Capital by 14.3% during the fourth quarter. First Trust Advisors LP now owns 582,051 shares of the real estate investment trust's stock worth $15,616,000 after buying an additional 73,031 shares during the period. Finally, Freedom Investment Management Inc. boosted its position in HA Sustainable Infrastructure Capital by 18.3% during the 4th quarter. Freedom Investment Management Inc. now owns 21,628 shares of the real estate investment trust's stock valued at $580,000 after acquiring an additional 3,344 shares in the last quarter. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Stock Performance

Shares of NYSE:HASI traded up $1.06 during trading on Friday, hitting $26.96. 1,558,653 shares of the stock traded hands, compared to its average volume of 1,132,885. 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 52-week low of $21.98 and a 52-week high of $36.56. The company has a fifty day moving average price of $26.74 and a two-hundred day moving average price of $28.24. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 17.06, a P/E/G ratio of 1.06 and a beta of 1.71.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last issued 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 business had revenue of $37.74 million during the quarter, compared to analyst estimates of $25.93 million. As a group, equities 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 declared a quarterly dividend, which will be paid on Friday, July 11th. Investors 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 6.23%. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 106.33%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on HASI shares. Truist Financial initiated 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 objective on the stock. Wells Fargo & Company assumed 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. Robert W. Baird dropped their target price on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. Finally, JPMorgan Chase & Co. lowered their price target 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. One analyst has rated the stock with a sell rating, one has given a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $38.92.

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.