Hood River Capital Management LLC Has $43.03 Million Stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Hood River Capital Management LLC grew its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 6.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,603,857 shares of the real estate investment trust's stock after buying an additional 101,016 shares during the period. Hood River Capital Management LLC owned approximately 1.35% of HA Sustainable Infrastructure Capital worth $43,031,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of HASI. Legend Financial Advisors Inc. acquired a new position in HA Sustainable Infrastructure Capital during the fourth quarter worth $27,000. Blue Trust Inc. raised its stake 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 during the period. Smartleaf Asset Management LLC raised its holdings in HA Sustainable Infrastructure Capital by 46.7% in 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 acquiring an additional 439 shares during the period. Roxbury Financial LLC bought a new position in shares of HA Sustainable Infrastructure Capital during the fourth quarter worth approximately $39,000. Finally, Allworth Financial LP lifted its holdings 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 worth $46,000 after buying an additional 1,584 shares in the last quarter. 96.14% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HASI. Wells Fargo & Company began coverage on shares of HA Sustainable Infrastructure Capital in a research report on Thursday, February 27th. They set an "overweight" rating and a $33.00 price objective for the company. JPMorgan Chase & Co. decreased their price target on HA Sustainable Infrastructure Capital from $42.00 to $39.00 and set an "overweight" rating for the company in a research note on Thursday, January 23rd. Citigroup upgraded shares of HA Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 target price on the stock in a report on Wednesday, January 8th. Truist Financial began coverage on HA Sustainable Infrastructure Capital in a report on Thursday, February 6th. They issued a "buy" rating and a $40.00 target price on the stock. Finally, Robert W. Baird dropped their price objective 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, April 15th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, HA Sustainable Infrastructure Capital has a consensus rating of "Moderate Buy" and an average price target of $38.92.

HA Sustainable Infrastructure Capital Stock Performance

NYSE:HASI opened at $24.25 on Wednesday. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $21.98 and a 52-week high of $36.56. The business's fifty day moving average is $27.60 and its 200 day moving average is $29.10. The company has a debt-to-equity ratio of 1.83, a quick ratio of 13.55 and a current ratio of 11.25. The firm 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 (NYSE:HASI - Get Free Report) last posted its 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 firm had revenue of $37.74 million for the quarter, compared to the consensus estimate of $25.93 million. Research analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current 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 is a positive change from HA Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Friday, April 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.93%. HA Sustainable Infrastructure Capital's dividend payout ratio is presently 106.33%.

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.

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