Castlefield Investment Partners LLP acquired a new position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 125,742 shares of the real estate investment trust’s stock, valued at approximately $4,910,000. HA Sustainable Infrastructure Capital accounts for approximately 3.3% of Castlefield Investment Partners LLP’s holdings, making the stock its 12th biggest holding.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of HA Sustainable Infrastructure Capital by 6.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,956 shares of the real estate investment trust’s stock worth $2,046,000 after buying an additional 4,212 shares in the last quarter. United Services Automobile Association bought a new position in HA Sustainable Infrastructure Capital in the first quarter worth approximately $222,000. Jane Street Group LLC increased its holdings in shares of 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 valued at $3,068,000 after acquiring an additional 34,932 shares in the last quarter. Intech Investment Management LLC grew its position 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 valued at $1,391,000 after purchasing an additional 5,683 shares during the period. Finally, Cetera Investment Advisers raised its holdings in HA Sustainable Infrastructure Capital by 12.9% during the second quarter. Cetera Investment Advisers now owns 27,544 shares of the real estate investment trust’s stock worth $740,000 after buying an additional 3,139 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.
HA Sustainable Infrastructure Capital Stock Up 0.1%
Shares of NYSE HASI opened at $39.51 on Monday. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $27.28 and a 52 week high of $44.13. The business has a 50-day simple moving average of $39.06 and a two-hundred day simple moving average of $38.72. 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 cap of $5.08 billion, a P/E ratio of 74.55, a P/E/G ratio of 1.28 and a beta of 1.43.
HA Sustainable Infrastructure Capital Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Friday, October 2nd will be paid a $0.425 dividend. The ex-dividend date is Friday, October 2nd. This represents a $1.70 annualized dividend and a yield of 4.3%. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 320.75%.
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on HASI shares. Royal Bank Of Canada raised their target price on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a report on Friday, May 8th. UBS Group increased their price target on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Morgan Stanley boosted their price target on shares of HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an “overweight” rating in a report on Tuesday, August 18th. Weiss Ratings restated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. boosted their target price on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $47.40.
Get Our Latest Analysis 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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