HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by Barclays PLC

Barclays PLC trimmed its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 18.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 389,901 shares of the real estate investment trust's stock after selling 87,039 shares during the quarter. Barclays PLC owned 0.33% of HA Sustainable Infrastructure Capital worth $10,460,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Summit Investment Advisors Inc. grew its stake in HA Sustainable Infrastructure Capital by 6.1% during the 4th quarter. Summit Investment Advisors Inc. now owns 12,084 shares of the real estate investment trust's stock valued at $324,000 after purchasing an additional 693 shares in the last quarter. Optimize Financial Inc acquired a new stake in shares of HA Sustainable Infrastructure Capital during the fourth quarter worth approximately $280,000. Rockefeller Capital Management L.P. increased its stake 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 worth $37,443,000 after buying an additional 482,097 shares during the last quarter. Sterling Capital Management LLC raised its holdings in HA Sustainable Infrastructure Capital by 830.9% in the fourth quarter. Sterling Capital Management LLC now owns 3,640 shares of the real estate investment trust's stock valued at $98,000 after acquiring an additional 3,249 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in HA Sustainable Infrastructure Capital during the 4th quarter valued at $4,623,000. Institutional investors and hedge funds own 96.14% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. cut their target price 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. Robert W. Baird cut their target price on shares of 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. Wells Fargo & Company assumed 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 for the company. Citigroup upgraded HA Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 target price on the stock in a research note on Wednesday, January 8th. Finally, Truist Financial started 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 for the company. One research 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 MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $38.92.

HA Sustainable Infrastructure Capital Price Performance

Shares of NYSE:HASI opened at $24.25 on Wednesday. The stock's 50 day moving average price is $27.60 and its 200 day moving average price is $29.10. 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 stock has a market cap of $2.94 billion, a price-to-earnings ratio of 15.35, a PEG ratio of 1.06 and a beta of 1.83. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $21.98 and a 12 month high of $36.56.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $37.74 million during the quarter, compared to the consensus estimate of $25.93 million. HA Sustainable Infrastructure Capital had a return on equity of 11.84% and a net margin of 52.15%. Equities research analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 18th. Stockholders of record on Friday, April 4th were paid a $0.42 dividend. The ex-dividend date was Friday, April 4th. This represents a $1.68 annualized dividend and a dividend yield of 6.93%. This is a boost from HA Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. HA Sustainable Infrastructure Capital's payout ratio is currently 106.33%.

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.

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