Trillium Asset Management LLC purchased a new stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 93,314 shares of the real estate investment trust’s stock, valued at approximately $3,644,000. Trillium Asset Management LLC owned about 0.07% of HA Sustainable Infrastructure Capital as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its position in HA Sustainable Infrastructure Capital by 0.9% during the 4th quarter. Cetera Investment Advisers now owns 30,998 shares of the real estate investment trust’s stock valued at $974,000 after purchasing an additional 266 shares during the period. Oregon Public Employees Retirement Fund grew its position in shares of HA Sustainable Infrastructure Capital by 1.0% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 29,154 shares of the real estate investment trust’s stock worth $1,071,000 after buying an additional 300 shares during the period. Kestra Advisory Services LLC grew its position in shares of HA Sustainable Infrastructure Capital by 1.7% during the 1st quarter. Kestra Advisory Services LLC now owns 19,788 shares of the real estate investment trust’s stock worth $727,000 after buying an additional 336 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of HA Sustainable Infrastructure Capital by 14.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the real estate investment trust’s stock worth $85,000 after buying an additional 336 shares during the last quarter. Finally, Pekin Hardy Strauss Inc. raised its stake in shares of HA Sustainable Infrastructure Capital by 5.0% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 7,310 shares of the real estate investment trust’s stock worth $230,000 after buying an additional 345 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.
HA Sustainable Infrastructure Capital Stock Performance
Shares of HASI opened at $40.61 on Friday. The firm has a market cap of $5.22 billion, a P/E ratio of 76.62, a PEG ratio of 1.36 and a beta of 1.43. HA Sustainable Infrastructure Capital, Inc. has a twelve month low of $27.28 and a twelve month high of $44.13. The company has a debt-to-equity ratio of 2.23, a quick ratio of 8.89 and a current ratio of 8.89. The firm’s 50 day moving average price is $39.04 and its two-hundred day moving average price is $38.68.
HA Sustainable Infrastructure Capital Announces Dividend
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 issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Friday, October 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is 320.75%.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on HASI shares. Wells Fargo & Company raised 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 research note on Tuesday, May 12th. JPMorgan Chase & Co. upped their target price 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. Weiss Ratings reissued a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Friday, August 7th. Morgan Stanley raised their price target on HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Royal Bank Of Canada lifted their price objective on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $47.40.
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.
See Also
- Five stocks we like better than HA Sustainable Infrastructure Capital
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Want to see what other hedge funds are holding HASI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report).
Receive News & Ratings for HA Sustainable Infrastructure Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HA Sustainable Infrastructure Capital and related companies with MarketBeat.com's FREE daily email newsletter.
