Resources Management Corp CT ADV boosted its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 17,483.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,375 shares of the real estate investment trust’s stock after purchasing an additional 26,225 shares during the period. Resources Management Corp CT ADV’s holdings in HA Sustainable Infrastructure Capital were worth $829,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of HASI. iSAM Funds UK Ltd purchased a new position in HA Sustainable Infrastructure Capital in the third quarter worth about $27,000. Triumph Capital Management purchased a new position in HA Sustainable Infrastructure Capital in the fourth quarter worth about $29,000. Northwestern Mutual Wealth Management Co. boosted its position in HA Sustainable Infrastructure Capital by 101.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 977 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new position in HA Sustainable Infrastructure Capital in the third quarter worth about $67,000. Finally, Hantz Financial Services Inc. boosted its position in HA Sustainable Infrastructure Capital by 60.4% in the fourth quarter. Hantz Financial Services Inc. now owns 2,122 shares of the real estate investment trust’s stock worth $67,000 after purchasing an additional 799 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.
HA Sustainable Infrastructure Capital Stock Down 0.3%
NYSE HASI opened at $38.17 on Tuesday. The stock’s 50 day moving average is $40.12 and its 200 day moving average is $36.74. The company has a current ratio of 12.10, a quick ratio of 12.10 and a debt-to-equity ratio of 2.12. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $24.38 and a 12 month high of $44.13. The stock has a market cap of $4.90 billion, a PE ratio of 109.05, a P/E/G ratio of 1.13 and a beta of 1.43.
HA Sustainable Infrastructure Capital Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Thursday, July 2nd will be issued a $0.425 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.70 dividend on an annualized basis and a yield of 4.5%. HA Sustainable Infrastructure Capital’s payout ratio is currently 485.71%.
Analysts Set New Price Targets
Several research analysts have issued reports on HASI shares. Wells Fargo & Company raised their target price on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. UBS Group lifted their price objective on HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, May 8th. The Goldman Sachs Group raised their target price on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 17th. JPMorgan Chase & Co. lifted their price target on shares of HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Finally, Royal Bank Of Canada lifted their price target on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.90.
Get Our Latest Analysis on HA Sustainable Infrastructure Capital
HA Sustainable Infrastructure Capital Profile
Hannon Armstrong Sustainable Infrastructure Capital, Inc (NYSE: HASI) is a publicly traded real estate investment trust specializing in financing and investing in climate change solutions. Founded in 1988 and headquartered in Annapolis, Maryland, the company provides debt and equity capital to sustainable infrastructure projects across North America. Its mission is to support energy efficiency, renewable energy generation and resilient infrastructure, helping public and private sector clients reduce carbon emissions and achieve long-term environmental goals.
Hannon Armstrong’s core business activities include originating and structuring loans, acquiring debt and equity interests, and managing a diversified portfolio of projects in sectors such as solar energy, wind power, energy storage, green buildings, and sustainable agriculture.
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