Neumeier Poma Investment Counsel LLC purchased a new position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,558,663 shares of the real estate investment trust’s stock, valued at approximately $60,865,790. HA Sustainable Infrastructure Capital comprises 0.0% of Neumeier Poma Investment Counsel LLC’s investment portfolio, making the stock its 2nd biggest holding. Neumeier Poma Investment Counsel LLC owned about 1.21% of HA Sustainable Infrastructure Capital at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. iSAM Funds UK Ltd acquired a new position in shares of HA Sustainable Infrastructure Capital in the 3rd quarter worth approximately $27,000. Triumph Capital Management bought a new stake in shares of HA Sustainable Infrastructure Capital during the 4th quarter worth about $29,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of HA Sustainable Infrastructure Capital by 101.8% during 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. Hantz Financial Services Inc. raised its holdings in shares of 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 valued at $67,000 after purchasing an additional 799 shares during the last quarter. Finally, Trust Co. of Vermont bought a new stake in shares of HA Sustainable Infrastructure Capital during the second quarter valued at about $70,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.
HA Sustainable Infrastructure Capital Stock Down 0.3%
HASI stock traded down $0.11 during trading on Friday, reaching $40.16. The stock had a trading volume of 269,315 shares, compared to its average volume of 983,514. The company has a quick ratio of 8.89, a current ratio of 8.89 and a debt-to-equity ratio of 2.23. The company has a market capitalization of $5.16 billion, a price-to-earnings ratio of 75.77, a P/E/G ratio of 1.29 and a beta of 1.43. HA Sustainable Infrastructure Capital, Inc. has a one year low of $27.28 and a one year high of $44.13. The company’s 50 day moving average is $39.17 and its two-hundred day moving average is $38.84.
HA Sustainable Infrastructure Capital Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Friday, October 2nd will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.70 annualized dividend and a yield of 4.2%. HA Sustainable Infrastructure Capital’s payout ratio is 320.75%.
Analyst Upgrades and Downgrades
A number of analysts recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Friday, August 7th. UBS Group raised their price target on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Bank of America restated a “buy” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, August 18th. JPMorgan Chase & Co. increased their price objective on shares of HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Finally, Morgan Stanley raised their target price on HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the company an “overweight” rating in a research note on Tuesday, August 18th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, HA Sustainable Infrastructure Capital currently has an average rating of “Moderate Buy” and a consensus target price of $47.40.
View Our Latest Stock Report on HA Sustainable Infrastructure Capital
About HA Sustainable Infrastructure Capital
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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