New York State Common Retirement Fund Has $1.19 Million Stake in HA Sustainable Infrastructure Capital, Inc. $HASI

New York State Common Retirement Fund decreased its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 50.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 38,681 shares of the real estate investment trust’s stock after selling 39,258 shares during the quarter. New York State Common Retirement Fund’s holdings in HA Sustainable Infrastructure Capital were worth $1,188,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Alliancebernstein L.P. lifted its stake 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 acquiring an additional 3,965,832 shares during the last quarter. Norges Bank acquired a new position in shares of HA Sustainable Infrastructure Capital during the 2nd quarter worth $27,979,000. First Trust Advisors LP raised its holdings in shares of HA Sustainable Infrastructure Capital by 101.8% during the 2nd quarter. First Trust Advisors LP now owns 653,598 shares of the real estate investment trust’s stock valued at $17,556,000 after purchasing an additional 329,754 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of HA Sustainable Infrastructure Capital by 306.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 433,551 shares of the real estate investment trust’s stock valued at $13,310,000 after purchasing an additional 326,810 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC boosted 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 worth $31,196,000 after purchasing an additional 304,535 shares in the last quarter. Institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Stock Performance

Shares of NYSE HASI opened at $36.75 on Tuesday. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $21.98 and a 12 month high of $36.92. The company has a market cap of $4.65 billion, a P/E ratio of 15.77, a P/E/G ratio of 1.25 and a beta of 1.45. The business’s 50 day moving average is $33.54 and its two-hundred day moving average is $30.77. The company has a quick ratio of 11.03, a current ratio of 11.03 and a debt-to-equity ratio of 1.93.

Analysts Set New Price Targets

Several equities analysts have commented on HASI shares. Wells Fargo & Company increased 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. Oppenheimer reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, December 16th. Jefferies Financial Group raised their price objective on 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. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a report on Monday, December 29th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, HA Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and a consensus target price of $40.00.

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.