HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. decreased its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 27.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 312,857 shares of the real estate investment trust's stock after selling 116,834 shares during the quarter. Russell Investments Group Ltd. owned about 0.26% of HA Sustainable Infrastructure Capital worth $8,394,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Amalgamated Bank lifted its stake in shares of HA Sustainable Infrastructure Capital by 1.1% during the 4th quarter. Amalgamated Bank now owns 34,501 shares of the real estate investment trust's stock worth $926,000 after purchasing an additional 377 shares during the period. Blue Trust Inc. grew its holdings 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 buying an additional 394 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of HA Sustainable Infrastructure Capital by 1.6% during the 4th 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 last quarter. Mutual of America Capital Management LLC lifted its holdings in shares of HA Sustainable Infrastructure Capital by 2.5% during the 4th quarter. Mutual of America Capital Management LLC now owns 17,947 shares of the real estate investment trust's stock worth $482,000 after acquiring an additional 432 shares during the period. Finally, Smartleaf Asset Management LLC boosted its position 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. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Stock Up 1.5 %

HASI stock traded up $0.37 during mid-day trading on Friday, hitting $24.21. 939,916 shares of the company were exchanged, compared to its average volume of 1,143,837. The company has a market capitalization of $2.93 billion, a PE ratio of 15.32, a price-to-earnings-growth ratio of 1.06 and a beta of 1.83. The firm has a fifty day simple moving average of $27.76 and a 200 day simple moving average of $29.31. The company has a current ratio of 11.25, a quick ratio of 13.55 and a debt-to-equity ratio of 1.83. HA Sustainable Infrastructure Capital, Inc. has a twelve month low of $21.98 and a twelve month high of $36.56.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $0.57 earnings per share for the quarter, missing the consensus estimate 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 net margin of 52.15% and a return on equity of 11.84%. On average, research analysts forecast 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 will be paid on Friday, April 18th. Shareholders of record on Friday, April 4th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 6.94%. The ex-dividend date is Friday, April 4th. This is an increase from HA Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. HA Sustainable Infrastructure Capital's payout ratio is currently 106.33%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Wells Fargo & Company assumed coverage on shares of 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. Truist Financial started coverage on HA Sustainable Infrastructure Capital in a report on Thursday, February 6th. They set a "buy" rating and a $40.00 target price for the company. Citigroup upgraded shares of HA Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 price objective for the company in a research note on Wednesday, January 8th. 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 research note on Tuesday. Finally, 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 for the company in a research report on Thursday, January 23rd. One equities 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 data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $39.29.

About HA Sustainable Infrastructure Capital

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.