Lbp Am Sa grew its stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 120.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 361,196 shares of the real estate investment trust’s stock after buying an additional 197,256 shares during the period. Lbp Am Sa’s holdings in HA Sustainable Infrastructure Capital were worth $11,089,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in HA Sustainable Infrastructure Capital by 6.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,956 shares of the real estate investment trust’s stock valued at $2,046,000 after purchasing an additional 4,212 shares in the last quarter. United Services Automobile Association purchased a new position in shares of HA Sustainable Infrastructure Capital during the first quarter valued at approximately $222,000. Jane Street Group LLC boosted its position in HA Sustainable Infrastructure Capital by 49.9% during the first quarter. Jane Street Group LLC now owns 104,926 shares of the real estate investment trust’s stock worth $3,068,000 after acquiring an additional 34,932 shares during the last quarter. Intech Investment Management LLC grew its stake in HA Sustainable Infrastructure Capital by 13.6% in the 1st quarter. Intech Investment Management LLC now owns 47,566 shares of the real estate investment trust’s stock worth $1,391,000 after acquiring an additional 5,683 shares during the period. Finally, State of Alaska Department of Revenue lifted its stake in shares of HA Sustainable Infrastructure Capital by 9.3% during the 2nd quarter. State of Alaska Department of Revenue now owns 72,042 shares of the real estate investment trust’s stock worth $1,934,000 after purchasing an additional 6,127 shares during the period. Hedge funds and other institutional investors own 96.14% of the company’s stock.
HA Sustainable Infrastructure Capital Trading Up 0.1%
Shares of HASI stock opened at $33.97 on Tuesday. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.98 and a fifty-two week high of $35.10. The firm’s 50 day moving average price is $33.17 and its two-hundred day moving average price is $30.20. The stock has a market cap of $4.30 billion, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 1.17 and a beta of 1.45. The company has a quick ratio of 11.03, a current ratio of 11.03 and a debt-to-equity ratio of 1.93.
HA Sustainable Infrastructure Capital Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, January 9th. Stockholders of record on Monday, December 29th were paid a $0.42 dividend. The ex-dividend date was Monday, December 29th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.9%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 72.10%.
Analysts Set New Price Targets
A number of brokerages have recently commented on HASI. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday, December 29th. Oppenheimer reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th. Wells Fargo & Company raised their target price on shares of HA Sustainable Infrastructure Capital from $33.00 to $37.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th. Finally, Jefferies Financial Group boosted their price objective on shares of HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, HA Sustainable Infrastructure Capital presently has an average rating of “Moderate Buy” and a consensus price target of $40.00.
Get Our Latest Research Report 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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