Universal Beteiligungs und Servicegesellschaft mbH decreased its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 9.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 589,009 shares of the real estate investment trust’s stock after selling 62,773 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.48% of HA Sustainable Infrastructure Capital worth $15,821,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of HASI. Legend Financial Advisors Inc. purchased a new position in HA Sustainable Infrastructure Capital in the 2nd quarter valued at about $27,000. Zions Bancorporation National Association UT acquired a new position in shares of HA Sustainable Infrastructure Capital during the first quarter valued at approximately $29,000. Signaturefd LLC raised its holdings in shares of HA Sustainable Infrastructure Capital by 72.4% during the first quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 495 shares during the last quarter. Cheviot Value Management LLC purchased a new position in shares of HA Sustainable Infrastructure Capital in the first quarter valued at approximately $70,000. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of HA Sustainable Infrastructure Capital in the first quarter worth approximately $79,000. Institutional investors and hedge funds own 96.14% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on HASI. The Goldman Sachs Group upped their price objective on shares of HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “neutral” rating in a research note on Wednesday, October 8th. 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 report on Monday, November 10th. Weiss Ratings restated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday. Jefferies Financial Group lifted their target price on shares of HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Wall Street Zen raised shares of HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $38.33.
HA Sustainable Infrastructure Capital Stock Up 1.6%
Shares of NYSE:HASI opened at $33.53 on Wednesday. The company has a market capitalization of $4.24 billion, a price-to-earnings ratio of 21.63, a PEG ratio of 1.05 and a beta of 1.63. HA Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.98 and a 12-month high of $34.28. The business has a 50-day moving average price of $29.92 and a 200 day moving average price of $27.89. The company has a current ratio of 10.81, a quick ratio of 10.81 and a debt-to-equity ratio of 1.82.
HA Sustainable Infrastructure Capital (NYSE:HASI – Get Free Report) last posted its earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11. HA Sustainable Infrastructure Capital had a net margin of 56.17% and a return on equity of 10.85%. The company had revenue of ($37.39) million for the quarter, compared to analysts’ expectations of $27.97 million. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. Sell-side analysts expect that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current year.
HA Sustainable Infrastructure Capital Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, January 9th. Investors of record on Monday, December 29th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 5.0%. The ex-dividend date is Monday, December 29th. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 72.10%.
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.
Featured Articles
- Five stocks we like better than HA Sustainable Infrastructure Capital
- Comparing and Trading High PE Ratio Stocks
- Healthcare Rotation Underway: 3 Stocks Leading the Charge
- 3 Stocks to Consider Buying in October
- Medtronic Stock Finds Its Footing—Now It’s Gaining Momentum
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- What’s on the Thanksgiving Table? A Stock Pick for Every Course
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.
