Allworth Financial LP lifted its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 339.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,812 shares of the real estate investment trust’s stock after buying an additional 6,036 shares during the period. Allworth Financial LP’s holdings in HA Sustainable Infrastructure Capital were worth $210,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in HA Sustainable Infrastructure Capital by 4.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 221,645 shares of the real estate investment trust’s stock worth $6,481,000 after acquiring an additional 9,125 shares during the period. Cerity Partners LLC lifted its position in shares of HA Sustainable Infrastructure Capital by 8.4% during the first quarter. Cerity Partners LLC now owns 19,332 shares of the real estate investment trust’s stock worth $565,000 after purchasing an additional 1,497 shares in the last quarter. Signaturefd LLC boosted its stake in shares of HA Sustainable Infrastructure Capital by 72.4% in the first quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 495 shares during the period. Crestwood Advisors Group LLC acquired a new stake in HA Sustainable Infrastructure Capital during the 1st quarter valued at $1,356,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in HA Sustainable Infrastructure Capital during the 1st quarter worth $349,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.
HA Sustainable Infrastructure Capital Trading Up 1.6%
NYSE HASI opened at $33.53 on Wednesday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 10.81 and a current ratio of 10.81. HA Sustainable Infrastructure Capital, Inc. has a one year low of $21.98 and a one year high of $34.28. The company has a 50-day simple moving average of $29.92 and a 200-day simple moving average of $27.89. The firm has a market capitalization of $4.24 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 1.05 and a beta of 1.63.
HA Sustainable Infrastructure Capital Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Investors of record on Monday, December 29th will be given a dividend of $0.42 per share. The ex-dividend date is Monday, December 29th. This represents a $1.68 dividend on an annualized basis and a yield of 5.0%. HA Sustainable Infrastructure Capital’s payout ratio is currently 72.10%.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on the stock. UBS Group upped their price objective on shares of HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, November 10th. JPMorgan Chase & Co. increased their price target on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a report on Friday, September 19th. 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. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday. Finally, The Goldman Sachs Group raised 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 report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $38.33.
Get Our Latest Research Report on HASI
HA Sustainable Infrastructure Capital Company Profile
HA Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company’s portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.
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