Advisors Preferred LLC reduced its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 21.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,376 shares of the real estate investment trust’s stock after selling 17,820 shares during the period. Advisors Preferred LLC’s holdings in HA Sustainable Infrastructure Capital were worth $2,439,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently bought and sold shares of the company. iSAM Funds UK Ltd acquired a new stake in HA Sustainable Infrastructure Capital in the 3rd quarter valued at about $27,000. Triumph Capital Management acquired a new position in shares of HA Sustainable Infrastructure Capital during the 4th quarter worth approximately $29,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of HA Sustainable Infrastructure Capital by 101.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 977 shares during the last quarter. Hantz Financial Services Inc. grew its position in shares of HA Sustainable Infrastructure Capital by 60.4% in the fourth quarter. Hantz Financial Services Inc. now owns 2,122 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 799 shares in the last quarter. Finally, Quadrant Capital Group LLC purchased a new stake in shares of HA Sustainable Infrastructure Capital in the third quarter valued at approximately $72,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.
HA Sustainable Infrastructure Capital Trading Up 1.7%
Shares of HA Sustainable Infrastructure Capital stock opened at $38.53 on Wednesday. The stock has a 50 day moving average of $39.47 and a 200 day moving average of $37.53. 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 firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of 110.09, a PEG ratio of 1.12 and a beta of 1.43. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $24.38 and a fifty-two week high of $44.13.
HA Sustainable Infrastructure Capital Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 2nd were issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 4.4%. The ex-dividend date was Thursday, July 2nd. HA Sustainable Infrastructure Capital’s payout ratio is 485.71%.
Analyst Upgrades and Downgrades
HASI has been the topic of a number of analyst reports. UBS Group lifted their price objective on HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Morgan Stanley upped their target price on HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the company an “overweight” rating in a report on Wednesday, May 27th. Wells Fargo & Company raised their target price on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. JPMorgan Chase & Co. lifted their price target on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Finally, Citigroup boosted their price target on shares of HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.90.
Get Our Latest Stock Analysis 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.
Featured Stories
- Five stocks we like better than HA Sustainable Infrastructure Capital
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Want to see what other hedge funds are holding HASI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report).
Receive News & Ratings for HA Sustainable Infrastructure Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HA Sustainable Infrastructure Capital and related companies with MarketBeat.com's FREE daily email newsletter.
