Perpetual Ltd reduced its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 57.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,337 shares of the real estate investment trust’s stock after selling 60,259 shares during the period. Perpetual Ltd’s holdings in HA Sustainable Infrastructure Capital were worth $1,392,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in HASI. Chesley Taft & Associates LLC acquired a new stake in shares of HA Sustainable Infrastructure Capital in the 3rd quarter valued at approximately $255,000. GAMMA Investing LLC lifted its holdings in HA Sustainable Infrastructure Capital by 12.5% in the third quarter. GAMMA Investing LLC now owns 5,928 shares of the real estate investment trust’s stock valued at $182,000 after acquiring an additional 657 shares during the period. Osaic Holdings Inc. boosted its position in shares of HA Sustainable Infrastructure Capital by 0.9% during the 2nd quarter. Osaic Holdings Inc. now owns 45,899 shares of the real estate investment trust’s stock worth $1,233,000 after purchasing an additional 389 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in shares of HA Sustainable Infrastructure Capital by 1.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 88,923 shares of the real estate investment trust’s stock worth $2,388,000 after purchasing an additional 1,545 shares during the period. Finally, State of Wyoming increased its holdings in shares of HA Sustainable Infrastructure Capital by 55.5% in the 2nd quarter. State of Wyoming now owns 22,561 shares of the real estate investment trust’s stock valued at $606,000 after purchasing an additional 8,048 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.
HA Sustainable Infrastructure Capital Trading Down 0.6%
NYSE:HASI opened at $32.64 on Friday. The business’s 50-day moving average is $31.54 and its two-hundred day moving average is $28.98. The firm has a market capitalization of $4.13 billion, a PE ratio of 14.01, a price-to-earnings-growth ratio of 1.24 and a beta of 1.48. The company has a debt-to-equity ratio of 1.93, a current ratio of 11.03 and a quick ratio of 11.03. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $21.98 and a 12 month high of $34.53.
HA Sustainable Infrastructure Capital Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Monday, December 29th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Monday, December 29th. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 72.10%.
Analyst Ratings Changes
HASI has been the topic of several recent analyst reports. Royal Bank Of Canada restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday, December 15th. Jefferies Financial Group boosted their target price on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. UBS Group increased their target price on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a report on Monday, November 10th. Finally, Morgan Stanley lifted their price objective on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $39.56.
Get Our Latest Stock Analysis on HA Sustainable Infrastructure Capital
About HA Sustainable Infrastructure Capital
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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