HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Stock Holdings Lifted by Ameriprise Financial Inc.

Ameriprise Financial Inc. raised its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 0.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 302,797 shares of the real estate investment trust’s stock after buying an additional 380 shares during the period. Ameriprise Financial Inc. owned approximately 0.26% of HA Sustainable Infrastructure Capital worth $8,130,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. FMR LLC grew its position in HA Sustainable Infrastructure Capital by 393.3% during the 4th quarter. FMR LLC now owns 5,688,560 shares of the real estate investment trust’s stock worth $152,624,000 after purchasing an additional 4,535,345 shares in the last quarter. Norges Bank purchased a new position in HA Sustainable Infrastructure Capital during the 4th quarter worth approximately $30,557,000. Wellington Management Group LLP grew its position in HA Sustainable Infrastructure Capital by 7.2% during the 4th quarter. Wellington Management Group LLP now owns 14,155,411 shares of the real estate investment trust’s stock worth $379,790,000 after purchasing an additional 949,253 shares in the last quarter. Bank of New York Mellon Corp grew its position in HA Sustainable Infrastructure Capital by 37.5% during the 4th quarter. Bank of New York Mellon Corp now owns 2,208,894 shares of the real estate investment trust’s stock worth $59,265,000 after purchasing an additional 602,456 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in HA Sustainable Infrastructure Capital by 52.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,395,573 shares of the real estate investment trust’s stock worth $37,443,000 after purchasing an additional 482,097 shares in the last quarter. Institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Stock Down 3.7%

HA Sustainable Infrastructure Capital stock opened at $26.95 on Thursday. The firm has a market cap of $3.26 billion, a price-to-earnings ratio of 17.05, a P/E/G ratio of 1.06 and a beta of 1.71. The company has a debt-to-equity ratio of 1.83, a current ratio of 11.25 and a quick ratio of 13.55. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.98 and a fifty-two week high of $36.56. The firm has a fifty day moving average price of $26.54 and a two-hundred day moving average price of $27.90.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Wednesday, July 2nd will be issued a dividend of $0.42 per share. The ex-dividend date is Wednesday, July 2nd. This represents a $1.68 annualized dividend and a dividend yield of 6.23%. HA Sustainable Infrastructure Capital’s payout ratio is 161.54%.

Wall Street Analysts Forecast Growth

HASI has been the topic of several research analyst reports. Wells Fargo & Company initiated 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 on the stock. Robert W. Baird lowered 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 report on Tuesday, April 15th. Truist Financial began coverage on shares of HA Sustainable Infrastructure Capital in a report on Thursday, February 6th. They set a “buy” rating and a $40.00 price target on the stock. JPMorgan Chase & Co. lowered their price target on shares of HA Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating on the stock in a report on Thursday, January 23rd. Finally, StockNews.com cut shares of HA Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, HA Sustainable Infrastructure Capital has a consensus rating of “Moderate 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.