Swedbank AB reduced its stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 7.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,188,776 shares of the real estate investment trust's stock after selling 241,489 shares during the quarter. Swedbank AB owned about 2.64% of HA Sustainable Infrastructure Capital worth $93,240,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Signaturefd LLC grew its position in HA Sustainable Infrastructure Capital by 72.4% during the 1st quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust's stock worth $34,000 after purchasing an additional 495 shares during the last quarter. Figure 8 Investment Strategies LLC grew its position in HA Sustainable Infrastructure Capital by 0.7% during the 1st quarter. Figure 8 Investment Strategies LLC now owns 77,698 shares of the real estate investment trust's stock worth $2,272,000 after purchasing an additional 565 shares during the last quarter. Xponance Inc. grew its position in HA Sustainable Infrastructure Capital by 6.3% during the 1st quarter. Xponance Inc. now owns 9,570 shares of the real estate investment trust's stock worth $280,000 after purchasing an additional 571 shares during the last quarter. Evergreen Capital Management LLC grew its position in HA Sustainable Infrastructure Capital by 4.7% during the 1st quarter. Evergreen Capital Management LLC now owns 14,699 shares of the real estate investment trust's stock worth $430,000 after purchasing an additional 655 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its position in HA Sustainable Infrastructure Capital by 6.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 12,788 shares of the real estate investment trust's stock worth $374,000 after purchasing an additional 738 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.
HA Sustainable Infrastructure Capital Stock Performance
Shares of NYSE:HASI traded up $0.27 during midday trading on Thursday, hitting $28.37. The stock had a trading volume of 350,837 shares, compared to its average volume of 1,232,782. The company has a market capitalization of $3.53 billion, a PE ratio of 18.31, a P/E/G ratio of 1.05 and a beta of 1.58. The stock has a 50 day moving average price of $27.28 and a two-hundred day moving average price of $26.87. 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, Inc. has a 1 year low of $21.98 and a 1 year high of $36.56.
HA Sustainable Infrastructure Capital Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Friday, October 3rd will be paid a $0.42 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.68 annualized dividend and a dividend yield of 5.9%. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is 108.39%.
Wall Street Analyst Weigh In
Several research analysts have issued reports on HASI shares. UBS Group raised their price objective on shares of HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the stock a "buy" rating in a research report on Monday, August 11th. Wall Street Zen raised shares of HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $37.38.
Read Our Latest Research Report on HASI
About HA Sustainable Infrastructure Capital
(
Free Report)
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.
See Also
Before you consider HA Sustainable Infrastructure Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HA Sustainable Infrastructure Capital wasn't on the list.
While HA Sustainable Infrastructure Capital currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
