Raiffeisen Bank International AG increased its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 24.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 311,710 shares of the real estate investment trust’s stock after buying an additional 61,710 shares during the quarter. Raiffeisen Bank International AG’s holdings in HA Sustainable Infrastructure Capital were worth $9,965,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of HASI. Pekin Hardy Strauss Inc. lifted its position in shares of HA Sustainable Infrastructure Capital by 5.0% during the 4th 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. Cascade Financial Partners LLC lifted its position in shares of HA Sustainable Infrastructure Capital by 8.1% during the 4th quarter. Cascade Financial Partners LLC now owns 8,379 shares of the real estate investment trust’s stock worth $263,000 after buying an additional 625 shares during the last quarter. Abundance Wealth Counselors lifted its position in shares of HA Sustainable Infrastructure Capital by 1.5% during the 4th quarter. Abundance Wealth Counselors now owns 43,978 shares of the real estate investment trust’s stock worth $1,382,000 after buying an additional 630 shares during the last quarter. California State Teachers Retirement System lifted its position in shares of HA Sustainable Infrastructure Capital by 0.6% during the 2nd quarter. California State Teachers Retirement System now owns 108,266 shares of the real estate investment trust’s stock worth $2,908,000 after buying an additional 687 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its position in shares of HA Sustainable Infrastructure Capital by 60.4% during the 4th quarter. Hantz Financial Services Inc. now owns 2,122 shares of the real estate investment trust’s stock worth $67,000 after buying an additional 799 shares during the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.
HA Sustainable Infrastructure Capital Price Performance
Shares of NYSE HASI opened at $37.32 on Friday. The company has a current ratio of 12.10, a quick ratio of 12.10 and a debt-to-equity ratio of 2.12. HA Sustainable Infrastructure Capital, Inc. has a twelve month low of $24.38 and a twelve month high of $44.13. The stock has a 50 day moving average of $40.09 and a two-hundred day moving average of $36.67. The stock has a market cap of $4.79 billion, a P/E ratio of 106.62, a P/E/G ratio of 1.07 and a beta of 1.43.
HA Sustainable Infrastructure Capital Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is 485.71%.
Analyst Upgrades and Downgrades
HASI has been the subject of several recent analyst reports. The Goldman Sachs Group boosted their price objective on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Mizuho boosted their price objective on HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the company an “outperform” rating in a research note on Wednesday, March 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, May 13th. TD Cowen boosted their price objective on HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Finally, Citigroup boosted their price objective on HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $46.90.
View Our Latest 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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