Neumeier Poma Investment Counsel LLC Has $25.06 Million Stock Position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Key Points

• Neumeier Poma Investment Counsel LLC increased its stake in HA Sustainable Infrastructure Capital, Inc. by 48.6%, raising its holdings to approximately $25.06 million.
• Institutional investors own 96.14% of HA Sustainable Infrastructure Capital's stock, indicating strong support from major financial players.
• Wall Street analysts have mixed views, with one rating downgraded to "sell," but the consensus rating remains as "Moderate Buy" with a target price of $37.78.

Neumeier Poma Investment Counsel LLC raised its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 48.6% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 856,908 shares of the real estate investment trust's stock after buying an additional 280,215 shares during the quarter. HA Sustainable Infrastructure Capital accounts for about 2.7% of Neumeier Poma Investment Counsel LLC's investment portfolio, making the stock its 13th largest position. Neumeier Poma Investment Counsel LLC owned about 0.69% of HA Sustainable Infrastructure Capital worth $25,056,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HASI. Vanguard Group Inc. grew its holdings in shares of HA Sustainable Infrastructure Capital by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 13,556,379 shares of the real estate investment trust's stock worth $396,389,000 after purchasing an additional 311,184 shares in the last quarter. Plan Group Financial LLC grew its holdings in shares of HA Sustainable Infrastructure Capital by 67.0% during the 1st quarter. Plan Group Financial LLC now owns 17,910 shares of the real estate investment trust's stock worth $524,000 after purchasing an additional 7,185 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in shares of HA Sustainable Infrastructure Capital by 171.4% during the 1st quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 82,203 shares of the real estate investment trust's stock worth $2,404,000 after purchasing an additional 51,917 shares in the last quarter. Blair William & Co. IL grew its holdings in shares of HA Sustainable Infrastructure Capital by 28.2% during the 1st quarter. Blair William & Co. IL now owns 17,772 shares of the real estate investment trust's stock worth $520,000 after purchasing an additional 3,907 shares in the last quarter. Finally, Cheviot Value Management LLC acquired a new stake in shares of HA Sustainable Infrastructure Capital during the 1st quarter worth approximately $70,000. Institutional investors and hedge funds own 96.14% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HASI. Wall Street Zen lowered HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Robert W. Baird cut their target price on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, HA Sustainable Infrastructure Capital currently has a consensus rating of "Moderate Buy" and a consensus target price of $37.78.

HA Sustainable Infrastructure Capital Trading Down 4.3%

Shares of HASI opened at $24.47 on Thursday. The stock has a fifty day moving average price of $26.55 and a two-hundred day moving average price of $26.97. The company has a debt-to-equity ratio of 1.91, a quick ratio of 11.04 and a current ratio of 11.04. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $21.98 and a 52-week high of $36.56. The company has a market cap of $2.97 billion, a price-to-earnings ratio of 23.53, a PEG ratio of 0.96 and a beta of 1.62.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.