NFJ Investment Group LLC Has $2.55 Million Position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

NFJ Investment Group LLC lowered its stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 12.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 94,985 shares of the real estate investment trust's stock after selling 13,792 shares during the quarter. NFJ Investment Group LLC owned approximately 0.08% of HA Sustainable Infrastructure Capital worth $2,548,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in HA Sustainable Infrastructure Capital by 42.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 300,587 shares of the real estate investment trust's stock worth $10,361,000 after buying an additional 89,126 shares in the last quarter. Pallas Capital Advisors LLC acquired a new stake in HA Sustainable Infrastructure Capital in the fourth quarter worth about $2,451,000. Harbor Capital Advisors Inc. lifted its position in HA Sustainable Infrastructure Capital by 42.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 71,995 shares of the real estate investment trust's stock valued at $1,932,000 after purchasing an additional 21,446 shares during the period. Nisa Investment Advisors LLC boosted its stake in shares of HA Sustainable Infrastructure Capital by 23.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 36,208 shares of the real estate investment trust's stock valued at $986,000 after purchasing an additional 6,990 shares during the last quarter. Finally, Schroder Investment Management Group raised its stake in shares of HA Sustainable Infrastructure Capital by 174.5% during the fourth quarter. Schroder Investment Management Group now owns 721,183 shares of the real estate investment trust's stock worth $19,263,000 after buying an additional 458,435 shares during the last quarter. 96.14% of the stock is owned by institutional investors.

HA Sustainable Infrastructure Capital Stock Performance

Shares of NYSE HASI traded up $0.92 during trading hours on Tuesday, reaching $24.38. 107,574 shares of the stock were exchanged, compared to its average volume of 1,182,069. 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 stock's fifty day simple moving average is $27.60 and its 200 day simple moving average is $29.10. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.98 and a 52 week high of $36.56. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 15.42, a P/E/G ratio of 1.06 and a beta of 1.83.

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 the consensus estimate of $25.93 million. Sell-side analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current year.

HA Sustainable Infrastructure Capital Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 18th. Stockholders of record on Friday, April 4th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date of this dividend was Friday, April 4th. This is an increase 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 Analyst Weigh In

Several research analysts have recently issued reports on the company. Truist Financial assumed coverage on HA Sustainable Infrastructure Capital in a research report on Thursday, February 6th. They issued a "buy" rating and a $40.00 price target on the stock. Wells Fargo & Company began coverage on HA Sustainable Infrastructure Capital in a research report on Thursday, February 27th. They set an "overweight" rating and a $33.00 price target for the company. Robert W. Baird lowered 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 report on Tuesday, April 15th. JPMorgan Chase & Co. reduced their target price on shares of 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, Citigroup upgraded shares of HA Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 price target on the stock in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently 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.