Raymond James Financial Inc. Takes $4.62 Million Position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Raymond James Financial Inc. bought a new position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 172,316 shares of the real estate investment trust's stock, valued at approximately $4,623,000. Raymond James Financial Inc. owned 0.15% of HA Sustainable Infrastructure Capital as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Amalgamated Bank boosted its stake in shares of 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 acquiring an additional 377 shares during the period. Blue Trust Inc. boosted 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 worth $29,000 after purchasing an additional 394 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in 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 buying an additional 402 shares in the last quarter. Mutual of America Capital Management LLC raised its position in shares of HA Sustainable Infrastructure Capital by 2.5% during the fourth 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 last quarter. Finally, Smartleaf Asset Management LLC boosted its position in shares of HA Sustainable Infrastructure Capital by 46.7% during 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. Hedge funds and other institutional investors own 96.14% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Truist Financial initiated coverage on shares of HA Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They issued a "buy" rating and a $40.00 price target on the stock. JPMorgan Chase & Co. dropped 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. Wells Fargo & Company assumed coverage on HA Sustainable Infrastructure Capital in a research note on Thursday, February 27th. They issued an "overweight" rating and a $33.00 price objective on the stock. 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 report on Wednesday, January 8th. Finally, Robert W. Baird decreased their price target 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 equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $38.92.

HA Sustainable Infrastructure Capital Trading Down 0.1 %

Shares of NYSE:HASI traded down $0.04 on Tuesday, hitting $25.51. 730,694 shares of the company's stock were exchanged, compared to its average volume of 1,146,044. The business's 50 day simple moving average is $27.24 and its two-hundred day simple moving average is $28.77. The company has a debt-to-equity ratio of 1.83, a current ratio of 11.25 and a quick ratio of 13.55. The stock has a market capitalization of $3.16 billion, a price-to-earnings ratio of 16.14, a price-to-earnings-growth ratio of 1.06 and a beta of 1.83. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $21.98 and a 12 month high of $36.56.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last issued its 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). The company had revenue of $37.74 million during the quarter, compared to the consensus estimate of $25.93 million. HA Sustainable Infrastructure Capital had a return on equity of 11.84% and a net margin of 52.15%. Analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 18th. Shareholders of record on Friday, April 4th were issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 6.59%. This is a boost from HA Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. The ex-dividend date was Friday, April 4th. HA Sustainable Infrastructure Capital's dividend payout ratio is currently 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.