Intech Investment Management LLC decreased its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 41.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,092 shares of the real estate investment trust’s stock after selling 57,728 shares during the quarter. Intech Investment Management LLC owned about 0.06% of HA Sustainable Infrastructure Capital worth $2,580,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. iSAM Funds UK Ltd acquired a new position in HA Sustainable Infrastructure Capital during the third quarter valued at approximately $27,000. Hantz Financial Services Inc. grew its holdings in HA Sustainable Infrastructure Capital by 630.9% during the third quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 1,142 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in HA Sustainable Infrastructure Capital during the third quarter valued at approximately $67,000. Quadrant Capital Group LLC acquired a new position in HA Sustainable Infrastructure Capital during the third quarter valued at approximately $72,000. Finally, International Assets Investment Management LLC acquired a new position in HA Sustainable Infrastructure Capital during the fourth quarter valued at approximately $113,000. Institutional investors and hedge funds own 96.14% of the company’s stock.
HA Sustainable Infrastructure Capital Stock Performance
Shares of HASI opened at $40.70 on Wednesday. The company has a debt-to-equity ratio of 2.12, a quick ratio of 12.10 and a current ratio of 12.10. HA Sustainable Infrastructure Capital, Inc. has a twelve month low of $24.38 and a twelve month high of $44.13. The firm’s 50 day moving average price is $39.74 and its two-hundred day moving average price is $36.37. The firm has a market cap of $5.23 billion, a P/E ratio of 116.29, a PEG ratio of 1.19 and a beta of 1.43.
HA Sustainable Infrastructure Capital Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd will be given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s payout ratio is currently 485.71%.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on HASI shares. Wells Fargo & Company boosted their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. The Goldman Sachs Group boosted their price objective on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the company a “neutral” rating in a report on Tuesday, February 17th. Mizuho boosted their price objective on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the company an “outperform” rating in a report on Wednesday, March 4th. UBS Group boosted their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the company a “buy” rating in a report on Friday, May 8th. 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 research note on Friday, May 8th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $46.90.
Get 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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