HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lowered its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 56.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,994 shares of the real estate investment trust’s stock after selling 88,931 shares during the period. Jane Street Group LLC owned approximately 0.06% of HA Sustainable Infrastructure Capital worth $1,878,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Freestone Grove Partners LP purchased a new stake in shares of HA Sustainable Infrastructure Capital in the fourth quarter valued at $266,000. Northern Trust Corp lifted its holdings in shares of HA Sustainable Infrastructure Capital by 18.1% in the fourth quarter. Northern Trust Corp now owns 1,715,087 shares of the real estate investment trust’s stock valued at $46,016,000 after purchasing an additional 262,443 shares in the last quarter. Arosa Capital Management LP purchased a new stake in shares of HA Sustainable Infrastructure Capital in the fourth quarter valued at $4,024,000. Hood River Capital Management LLC raised its holdings in shares of HA Sustainable Infrastructure Capital by 6.7% during the fourth quarter. Hood River Capital Management LLC now owns 1,603,857 shares of the real estate investment trust’s stock worth $43,031,000 after acquiring an additional 101,016 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of HA Sustainable Infrastructure Capital by 94.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,594 shares of the real estate investment trust’s stock worth $204,000 after acquiring an additional 3,696 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Price Performance

NYSE HASI opened at $28.54 on Friday. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.98 and a fifty-two week high of $36.56. The stock’s 50-day moving average is $26.60 and its two-hundred day moving average is $28.00. 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 firm has a market cap of $3.54 billion, a P/E ratio of 18.06, a price-to-earnings-growth ratio of 1.06 and a beta of 1.71.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.02). HA Sustainable Infrastructure Capital had a net margin of 52.15% and a return on equity of 11.84%. The business had revenue of $37.74 million during the quarter, compared to analyst estimates of $25.93 million. On average, analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Wednesday, July 2nd will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 5.89%. The ex-dividend date is Wednesday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 161.54%.

Analyst Ratings Changes

Several analysts recently issued reports on HASI shares. Robert W. Baird cut their price objective on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an “outperform” rating for the company in a report on Tuesday, April 15th. StockNews.com upgraded HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a report on Wednesday. Wells Fargo & Company started coverage on HA Sustainable Infrastructure Capital in a report on Thursday, February 27th. They set an “overweight” rating and a $33.00 price objective for the company. JPMorgan Chase & Co. cut their price objective on 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, Truist Financial started coverage on HA Sustainable Infrastructure Capital in a report on Thursday, February 6th. They set a “buy” rating and a $40.00 price objective for the company. Two research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, HA Sustainable Infrastructure Capital has a consensus rating of “Buy” and a consensus target price of $38.00.

HA Sustainable Infrastructure Capital Company 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.