LPL Financial LLC Has $4.98 Million Holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

LPL Financial LLC cut its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 9.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 185,739 shares of the real estate investment trust's stock after selling 19,931 shares during the quarter. LPL Financial LLC owned approximately 0.16% of HA Sustainable Infrastructure Capital worth $4,983,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Amalgamated Bank boosted its holdings in HA Sustainable Infrastructure Capital by 1.1% in the fourth 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. lifted its position in shares of 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 worth $29,000 after buying an additional 394 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of HA Sustainable Infrastructure Capital by 1.6% in 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 buying an additional 402 shares during the period. Mutual of America Capital Management LLC boosted its holdings in shares of HA Sustainable Infrastructure Capital by 2.5% in the 4th quarter. Mutual of America Capital Management LLC now owns 17,947 shares of the real estate investment trust's stock valued at $482,000 after buying an additional 432 shares during the period. Finally, Smartleaf Asset Management LLC grew its position in shares of HA Sustainable Infrastructure Capital by 46.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,380 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 439 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Price Performance

Shares of HASI traded up $0.31 during trading hours on Friday, hitting $23.04. 2,010,003 shares of the company were exchanged, compared to its average volume of 1,138,043. The firm has a fifty day simple moving average of $28.10 and a 200-day simple moving average of $29.53. The company has a market capitalization of $2.79 billion, a PE ratio of 14.58, a PEG ratio of 1.06 and a beta of 1.83. The company has a debt-to-equity ratio of 1.83, a current ratio of 11.25 and a quick ratio of 13.55. HA Sustainable Infrastructure Capital, Inc. has a one year low of $21.98 and a one year high of $36.56.

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

HA Sustainable Infrastructure Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Friday, April 4th will be paid a $0.42 dividend. This is a positive change from HA Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Friday, April 4th. This represents a $1.68 dividend on an annualized basis and a yield of 7.29%. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is currently 106.33%.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Citigroup upgraded HA Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 target price for the company in a research note on Wednesday, January 8th. The Goldman Sachs Group reduced their price objective on HA Sustainable Infrastructure Capital from $32.00 to $31.00 and set a "neutral" rating for the company in a research report on Tuesday, December 17th. Wells Fargo & Company assumed coverage on HA Sustainable Infrastructure Capital in a research report on Thursday, February 27th. They issued an "overweight" rating and a $33.00 target price on the stock. JPMorgan Chase & Co. cut their target price on 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, Truist Financial initiated 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 equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, HA Sustainable Infrastructure Capital has an average rating of "Moderate Buy" and a consensus price target of $39.71.

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.