Healthcare of Ontario Pension Plan Trust Fund Decreases Stock Holdings in Atlantica Sustainable Infrastructure plc (NASDAQ:AY)

Healthcare of Ontario Pension Plan Trust Fund decreased its holdings in Atlantica Sustainable Infrastructure plc (NASDAQ:AY - Free Report) by 51.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 59,982 shares of the utilities provider's stock after selling 62,934 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.05% of Atlantica Sustainable Infrastructure worth $1,318,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Insight Folios Inc boosted its position in Atlantica Sustainable Infrastructure by 2.4% during the third quarter. Insight Folios Inc now owns 24,655 shares of the utilities provider's stock valued at $542,000 after acquiring an additional 576 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in shares of Atlantica Sustainable Infrastructure by 3.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 17,389 shares of the utilities provider's stock valued at $382,000 after purchasing an additional 637 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Atlantica Sustainable Infrastructure during the second quarter worth approximately $30,000. Tidal Investments LLC increased its holdings in Atlantica Sustainable Infrastructure by 4.4% in the first quarter. Tidal Investments LLC now owns 35,474 shares of the utilities provider's stock worth $656,000 after purchasing an additional 1,503 shares in the last quarter. Finally, Private Trust Co. NA lifted its stake in Atlantica Sustainable Infrastructure by 362.1% in the third quarter. Private Trust Co. NA now owns 2,546 shares of the utilities provider's stock valued at $56,000 after buying an additional 1,995 shares during the period. 40.53% of the stock is currently owned by institutional investors and hedge funds.

Atlantica Sustainable Infrastructure Stock Up 0.0 %

Atlantica Sustainable Infrastructure stock traded up $0.01 during mid-day trading on Monday, reaching $21.95. The stock had a trading volume of 755,392 shares, compared to its average volume of 1,206,911. The company has a market capitalization of $2.55 billion, a price-to-earnings ratio of 75.69, a PEG ratio of 2.13 and a beta of 1.03. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.25 and a quick ratio of 1.20. Atlantica Sustainable Infrastructure plc has a one year low of $16.82 and a one year high of $23.47. The company has a 50-day moving average price of $22.03 and a two-hundred day moving average price of $22.08.

Atlantica Sustainable Infrastructure Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Friday, November 29th will be given a dividend of $0.2225 per share. The ex-dividend date is Friday, November 29th. This represents a $0.89 dividend on an annualized basis and a yield of 4.05%. Atlantica Sustainable Infrastructure's dividend payout ratio (DPR) is 613.81%.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Atlantica Sustainable Infrastructure in a research report on Saturday. They set a "sell" rating for the company. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Atlantica Sustainable Infrastructure has a consensus rating of "Hold" and an average target price of $22.20.

Atlantica Sustainable Infrastructure Company Profile

Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in North America, South America, Europe, the Middle East, and Africa. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020.