Mizuho Markets Cayman LP bought a new position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 900,000 shares of the real estate investment trust’s stock, valued at approximately $33,075,000. HA Sustainable Infrastructure Capital accounts for about 1.8% of Mizuho Markets Cayman LP’s investment portfolio, making the stock its 12th largest holding.
Several other institutional investors and hedge funds have also made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of HA Sustainable Infrastructure Capital by 6.4% in the first 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 purchasing an additional 4,212 shares during the last quarter. United Services Automobile Association bought a new stake in HA Sustainable Infrastructure Capital during the 1st quarter valued at about $222,000. Jane Street Group LLC boosted its position in HA Sustainable Infrastructure Capital by 49.9% in the 1st quarter. Jane Street Group LLC now owns 104,926 shares of the real estate investment trust’s stock valued at $3,068,000 after buying an additional 34,932 shares during the period. Intech Investment Management LLC boosted 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 buying an additional 5,683 shares during the period. Finally, Cetera Investment Advisers grew its stake in HA Sustainable Infrastructure Capital by 12.9% in the 2nd quarter. Cetera Investment Advisers now owns 27,544 shares of the real estate investment trust’s stock worth $740,000 after acquiring an additional 3,139 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors.
HA Sustainable Infrastructure Capital Trading Down 1.1%
NYSE HASI opened at $38.00 on Thursday. HA Sustainable Infrastructure Capital, Inc. has a one year low of $24.38 and a one year high of $44.13. 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 capitalization of $4.88 billion, a price-to-earnings ratio of 108.56, a price-to-earnings-growth ratio of 1.13 and a beta of 1.43. The company’s 50-day simple moving average is $39.08 and its two-hundred day simple moving average is $37.78.
HA Sustainable Infrastructure Capital Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd were issued a $0.425 dividend. The ex-dividend date was Thursday, July 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.5%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 485.71%.
Analysts Set New Price Targets
HASI has been the topic of a number of research reports. Royal Bank Of Canada raised their target price on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. increased their price objective on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Weiss Ratings restated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, May 13th. Wells Fargo & Company raised their price objective on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Finally, Morgan Stanley upped their target price on HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the stock an “overweight” rating in a report on Wednesday, May 27th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $46.90.
Get 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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