Robeco Institutional Asset Management B.V. lifted its stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 306.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 433,551 shares of the real estate investment trust’s stock after acquiring an additional 326,810 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in HA Sustainable Infrastructure Capital were worth $13,310,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also modified their holdings of the company. Alliancebernstein L.P. boosted its holdings in HA Sustainable Infrastructure Capital by 1,015.5% in the second quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock valued at $117,012,000 after purchasing an additional 3,965,832 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in HA Sustainable Infrastructure Capital by 441.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,997,416 shares of the real estate investment trust’s stock valued at $58,404,000 after purchasing an additional 1,628,182 shares in the last quarter. Norges Bank acquired a new position in shares of HA Sustainable Infrastructure Capital during the second quarter worth about $27,979,000. First Trust Advisors LP increased its stake in shares of HA Sustainable Infrastructure Capital by 101.8% during the second quarter. First Trust Advisors LP now owns 653,598 shares of the real estate investment trust’s stock worth $17,556,000 after buying an additional 329,754 shares during the period. Finally, Neumeier Poma Investment Counsel LLC raised its holdings in HA Sustainable Infrastructure Capital by 35.5% in the second quarter. Neumeier Poma Investment Counsel LLC now owns 1,161,443 shares of the real estate investment trust’s stock valued at $31,196,000 after acquiring an additional 304,535 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.
HA Sustainable Infrastructure Capital Trading Up 1.6%
NYSE HASI opened at $32.77 on Friday. The firm’s fifty day moving average price is $32.49 and its 200 day moving average price is $29.57. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $21.98 and a 12 month high of $34.53. The company has a debt-to-equity ratio of 1.93, a current ratio of 11.03 and a quick ratio of 11.03. The company has a market capitalization of $4.15 billion, a price-to-earnings ratio of 14.06, a price-to-earnings-growth ratio of 1.11 and a beta of 1.45.
HA Sustainable Infrastructure Capital Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, January 9th. Investors of record on Monday, December 29th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Monday, December 29th. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 72.10%.
Wall Street Analyst Weigh In
HASI has been the subject of a number of recent research reports. The Goldman Sachs Group lifted their price target on shares of HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. JPMorgan Chase & Co. lifted their price objective on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an “overweight” rating in a research report on Friday, September 19th. Oppenheimer reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th. UBS Group raised their price target on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Finally, Morgan Stanley upped their price objective on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, HA Sustainable Infrastructure Capital has an average rating of “Moderate Buy” and an average target price of $40.00.
Get Our Latest Stock Analysis on HASI
HA Sustainable Infrastructure Capital Company 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.
Featured Articles
- Five stocks we like better than HA Sustainable Infrastructure Capital
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- This stock gets a 94 out of 100
- First Time Since 2007: All Warnings Active
- Executive Order 14330: Trump’s Biggest Yet
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.
