Invesco Ltd. Sells 13,959 Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Invesco Ltd. lowered its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 0.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,469,697 shares of the real estate investment trust's stock after selling 13,959 shares during the quarter. Invesco Ltd. owned approximately 1.24% of HA Sustainable Infrastructure Capital worth $39,432,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Legend Financial Advisors Inc. acquired a new stake in shares of HA Sustainable Infrastructure Capital in the fourth quarter valued at $27,000. Blue Trust Inc. increased its position in HA Sustainable Infrastructure Capital by 57.8% in the 4th 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 in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of HA Sustainable Infrastructure Capital by 46.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,380 shares of the real estate investment trust's stock worth $37,000 after acquiring an additional 439 shares during the last quarter. Roxbury Financial LLC acquired a new position in shares of HA Sustainable Infrastructure Capital during the fourth quarter worth approximately $39,000. Finally, Allworth Financial LP grew its stake in shares of HA Sustainable Infrastructure Capital by 1,267.2% during the fourth quarter. Allworth Financial LP now owns 1,709 shares of the real estate investment trust's stock valued at $46,000 after purchasing an additional 1,584 shares during the last quarter. 96.14% of the stock is owned by institutional investors.

HA Sustainable Infrastructure Capital Trading Up 3.4 %

Shares of HASI traded up $0.79 during trading hours on Tuesday, reaching $24.25. The stock had a trading volume of 974,412 shares, compared to its average volume of 1,145,078. The company has a market cap of $2.94 billion, a P/E ratio of 15.35, a P/E/G ratio of 1.06 and a beta 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 quick ratio of 13.55, a current ratio of 11.25 and a debt-to-equity ratio of 1.83. The firm has a 50-day moving average of $27.60 and a 200 day moving average of $29.10.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last released its quarterly 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 business had revenue of $37.74 million for the quarter, compared to analyst estimates of $25.93 million. On average, sell-side analysts expect 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 business also recently declared a quarterly dividend, which was paid on Friday, April 18th. Stockholders of record on Friday, April 4th were issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 6.93%. The ex-dividend date was Friday, April 4th. This is a boost from HA Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. HA Sustainable Infrastructure Capital's dividend payout ratio is 106.33%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on HASI shares. Citigroup raised HA Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 price objective on the stock in a report on Wednesday, January 8th. Robert W. Baird cut their price target 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. Wells Fargo & Company began coverage on HA Sustainable Infrastructure Capital in a report on Thursday, February 27th. They issued an "overweight" rating and a $33.00 price target on the stock. JPMorgan Chase & Co. dropped their price objective 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. Finally, Truist Financial began 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 target price on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, HA Sustainable Infrastructure Capital presently has a consensus rating of "Moderate Buy" and a consensus target price of $39.29.

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.