Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 9.1% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 31,048 shares of the real estate investment trust’s stock after purchasing an additional 2,580 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in HA Sustainable Infrastructure Capital were worth $834,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT purchased a new position in shares of HA Sustainable Infrastructure Capital during the first quarter worth $29,000. Legend Financial Advisors Inc. purchased a new position in HA Sustainable Infrastructure Capital during the 2nd quarter valued at about $27,000. Cheviot Value Management LLC purchased a new position in HA Sustainable Infrastructure Capital during the 1st quarter valued at about $70,000. Smartleaf Asset Management LLC grew its position in HA Sustainable Infrastructure Capital by 94.9% in the 1st quarter. Smartleaf Asset Management LLC now owns 2,690 shares of the real estate investment trust’s stock valued at $79,000 after acquiring an additional 1,310 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in HA Sustainable Infrastructure Capital in the 1st quarter valued at about $79,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.
HA Sustainable Infrastructure Capital Stock Down 0.4%
Shares of NYSE HASI opened at $32.35 on Tuesday. The business has a 50-day moving average of $30.28 and a two-hundred day moving average of $28.08. The company has a market capitalization of $4.09 billion, a price-to-earnings ratio of 20.87, a price-to-earnings-growth ratio of 1.05 and a beta of 1.63. HA Sustainable Infrastructure Capital, Inc. has a 1 year low of $21.98 and a 1 year high of $34.28. The company has a debt-to-equity ratio of 1.82, a current ratio of 10.81 and a quick ratio of 10.81.
HA Sustainable Infrastructure Capital Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, January 9th. Stockholders of record on Monday, December 29th will be issued a $0.42 dividend. The ex-dividend date is Monday, December 29th. This represents a $1.68 annualized dividend and a dividend yield of 5.2%. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 72.10%.
Analyst Ratings Changes
Several research analysts have recently commented on HASI shares. JPMorgan Chase & Co. raised their price objective on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Friday, September 19th. Jefferies Financial Group raised their price target on shares of HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. UBS Group upped their price objective on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, The Goldman Sachs Group boosted their target price on HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, HA Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.13.
Read Our Latest Stock Report on HA Sustainable Infrastructure Capital
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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