Fideuram Asset Management Ireland dac acquired a new position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 29,000 shares of the real estate investment trust’s stock, valued at approximately $951,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of HASI. Vanguard Group Inc. grew its holdings in shares of HA Sustainable Infrastructure Capital by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 14,050,580 shares of the real estate investment trust’s stock worth $441,610,000 after acquiring an additional 61,189 shares during the period. State Street Corp grew its holdings in shares of HA Sustainable Infrastructure Capital by 1.8% in the 2nd quarter. State Street Corp now owns 5,236,202 shares of the real estate investment trust’s stock worth $140,644,000 after acquiring an additional 91,359 shares during the period. Alliancebernstein L.P. grew its holdings in shares of HA Sustainable Infrastructure Capital by 1.2% in the 3rd quarter. Alliancebernstein L.P. now owns 4,406,564 shares of the real estate investment trust’s stock worth $135,282,000 after acquiring an additional 50,212 shares during the period. Geode Capital Management LLC boosted its position in HA Sustainable Infrastructure Capital by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 2,944,810 shares of the real estate investment trust’s stock worth $92,572,000 after purchasing an additional 54,898 shares in the last quarter. Finally, Amundi boosted its position in HA Sustainable Infrastructure Capital by 10.7% during the third quarter. Amundi now owns 2,663,456 shares of the real estate investment trust’s stock worth $81,771,000 after purchasing an additional 256,939 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.
HA Sustainable Infrastructure Capital Stock Down 0.8%
HASI opened at $40.99 on Friday. The business’s fifty day moving average is $39.68 and its two-hundred day moving average is $36.30. The company has a debt-to-equity ratio of 2.12, a quick ratio of 12.10 and a current ratio of 12.10. The company has a market cap of $5.26 billion, a price-to-earnings ratio of 117.11, a PEG ratio of 1.21 and a beta of 1.47. HA Sustainable Infrastructure Capital, Inc. has a one year low of $24.28 and a one year high of $44.13.
HA Sustainable Infrastructure Capital Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd will be given a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 485.71%.
Analysts Set New Price Targets
HASI has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their target price on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Morgan Stanley boosted their target price on HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the stock an “overweight” rating in a research report on Wednesday. Mizuho boosted their target price on HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, May 13th. Finally, Citigroup boosted their target price on HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $46.90.
Read Our Latest Stock 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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