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Heat pumps have gained a taste of celebrity status as the most energy-efficient way to heat and cool a home. Heat pumps are so efficient that experts argue swapping out your heating and cooling systems is one of the best ways homeowners can reduce their household carbon emissions. Amy Boyd, director of policy for the Acadia Center, a regional research and advocacy organization focusing on clean-energy policy in the Northeast, said, “A heat pump is probably the biggest thing consumers can do to help fight the climate crisis.” The publicity surrounding heat pumps comes from their win-win status as a climate solution . During warmer months, heat pumps function like a traditional air conditioning unit, adding cool air to the room. During colder months they pull heat from the air outside and pump it into the home. This process is highly energy-efficient. According to the Department of Energy, using a heat pump can lower electricity usage for heating by about 65% when compared to electric resistance heating, such as baseboard heaters. This means that by switching to a heat pump, you could save roughly two-thirds of your heating energy consumption. By using electricity to move heat instead of burning fossil fuels to create it, the carbon emissions from operating heat pumps will continue to decrease as the electric grid is decarbonized over time. Locally, it is already less carbon-intensive to operate a heat pump than to burn gas thanks to Holy Cross Energy’s move towards a 100% carbon-free electricity supply. The heating process of heat pumps, along with their traditional popularity in the southern United States, has led many consumers in the northern United States to question their effectiveness for heating. Since heat pumps operate by transferring heat rather than generating it, they have historically encountered challenges in colder climates. This issue has been remedied with the availability of cold climate heat pumps, and improved technology for heating in cold climates like ours. A study from 2017 conducted by a nonprofit focused on clean energy in Minnesota found that newer models operate effectively down to negative 13 degrees Fahrenheit. In colder climates, heat pumps that are not designed for cold weather have a harder time finding heat and therefore struggle. With newer technology, cold climate heat pumps provide sufficient heat down into negative outdoor temperatures. If one lives in an extreme climate and already has a fossil fuel heating system in their home, they may consider a hybrid or dual fuel heat pump system. Hybrid systems use both conventional fossil fuel-burning heaters (typically a boiler or a furnace) in conjunction with heat pumps. The combustion heater is used only when the temperature drops low enough to decrease the heat pump’s efficiency. The fossil fuel-based heating system is used to supplement heat in the room to where the heat pump performs best. Heat pumps can run at higher than 100% efficiency because they are not creating heat, they are just moving it from one place to another. For each unit of energy input, you can get 2-3 units of heat output. Properly installed heat pumps can reach over 300% efficiency in some cases. A high-efficiency gas furnace can only be 98% efficient at the most. It’s estimated that in climate zones 6 and 7, supplemental fossil fuel heat is needed less than 20% of the time in dual-fuel systems. By using a dual fuel system, you maximize your heat pump’s efficiency while maintaining comfortable temperatures, and keeping utility bills and carbon emissions to a minimum. There are several local and federal programs to aid in upgrading one’s home to a heat pump. Federal incentives from the Inflation Reduction Act include tax credits and rebates for high-efficiency heat pumps. Through local nonprofits you may be able to get a rebate for a heat pump install, for example in the Eagle River Valley, through Walking Mountains, homeowners can get up to $1,000 from Eagle County’s Energy Smart Colorado program. Those rebates can be stacked on top of utility rebates, which vary based on location and utility company. On top of these incentives, the State of Colorado provides tax credits to qualifying heat pump projects. With all these rebates, credits, and incentives, upgrading to a heat pump is starting to feel less like an expense and more like a group project where everyone else is chipping in! Heat pumps offer a powerful and efficient solution for reducing household carbon emissions while maintaining comfortable indoor temperatures year-round. With advancements in technology and a growing array of financial incentives at federal, state, and local levels, transitioning to a heat pump is more accessible than ever. By making the switch, homeowners can contribute to a cleaner energy future, and potentially save on utility bills. The Energy team at Walking Mountains can help get you started, email energy@walkingmountains.org or visit WalkingMountains.org/energy .
Kash Patel is vying with one of Donald Trump's other insiders for the CIA deputy director post. Patel became a Trump ally when he coordinated with former Rep. Devin Nunes (R-CA) to fight back against special counsel Robert Mueller, who investigated Russian efforts to meddle in the 2016 election. Patel pressed to have all of the information around the Russia probe declassified, thinking it would expose wrongdoing in the intelligence community, CNN reported in 2020 . Patel is fighting with Cliff Sims, Trump's former deputy director of National Intelligence for Strategy and Communications, over the post, Politico reported Tuesday . The report characterized the position as "one of the most sought-after national security posts." ALSO READ: 'Not normal times': Ex-intel officials brace for retribution following J.D. Vance vow Patel was teased as a possible pick to head the FBI, but it never happened. One of his more controversial positions involves jailing journalists, something he proposed to Steve Bannon last year. Trump insiders told Politico that both men are "angering others who feel they're using their roles on the transition to undermine any would-be contenders." The post "wields enormous influence inside the U.S. intelligence community," reported Politico. "The frustration toward Sims ... and Patel, the firebrand former House Intelligence Committee staffer and Pentagon official, stems from the fact that both are helping the transition interview candidates for the CIA role," the report said, citing those in the transition. “The issue that a lot of us have is that these people are involved in staffing national security jobs, and at the same time, they’re also promoting themselves for the same roles,” said one of the individuals who spoke to Politico. Patel is known for "fighting dirty," so there's a concern that he's leaking damaging stories about Sims. After leaving the White House , Trump was furious with Sims when he published a tell-all memoir in 2019. At this point, however, many former officials have published memoirs about their political lives and their work with Trump. At the time, White House officials described Trump as “very p---ed off ” and “really hopping mad” after reading excerpts of the tell-all book. The current deputy, David S. Cohen, helped craft Title III of the USA PATRIOT Act, which dealt with money laundering. He then went on to work as the assistant secretary for Terrorist Financing at the Treasury Department, the under-secretary of the Treasury for Terrorism and Financial Intelligence. Neither Sims nor Patel has any experience working on domestic or global terrorism. Trump's previous appointees during his first administration had experience working in the CIA. Transition spokesperson, Karoline Leavitt, refused to comment about the two men, saying only that “remaining decisions will continue to be announced" when made. Read the full report here.None
Universal Technical Institute ( NYSE:UTI – Free Report ) had its price target increased by Truist Financial from $22.00 to $26.00 in a report released on Thursday, Benzinga reports. They currently have a buy rating on the stock. A number of other research analysts have also recently weighed in on UTI. StockNews.com upgraded shares of Universal Technical Institute from a “hold” rating to a “buy” rating in a research report on Wednesday, August 7th. Rosenblatt Securities reiterated a “buy” rating and set a $22.00 price target on shares of Universal Technical Institute in a report on Wednesday, September 11th. Lake Street Capital raised their price objective on shares of Universal Technical Institute from $19.00 to $22.00 and gave the stock a “buy” rating in a research note on Thursday. Barrington Research reaffirmed an “outperform” rating and set a $22.00 target price on shares of Universal Technical Institute in a research note on Friday, November 15th. Finally, B. Riley boosted their price objective on Universal Technical Institute from $22.00 to $25.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $24.00. View Our Latest Report on Universal Technical Institute Universal Technical Institute Price Performance Hedge Funds Weigh In On Universal Technical Institute A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Harbor Capital Advisors Inc. purchased a new stake in Universal Technical Institute in the second quarter worth about $675,000. First Eagle Investment Management LLC lifted its position in shares of Universal Technical Institute by 37.2% in the 2nd quarter. First Eagle Investment Management LLC now owns 518,888 shares of the company’s stock worth $8,162,000 after purchasing an additional 140,600 shares during the period. Great Lakes Advisors LLC bought a new position in shares of Universal Technical Institute during the second quarter valued at approximately $3,103,000. International Assets Investment Management LLC increased its holdings in Universal Technical Institute by 1,526.0% during the third quarter. International Assets Investment Management LLC now owns 4,065 shares of the company’s stock valued at $66,000 after buying an additional 3,815 shares during the period. Finally, Pier Capital LLC raised its stake in Universal Technical Institute by 15.7% in the second quarter. Pier Capital LLC now owns 351,809 shares of the company’s stock worth $5,534,000 after buying an additional 47,819 shares in the last quarter. Institutional investors own 75.67% of the company’s stock. Universal Technical Institute Company Profile ( Get Free Report ) Universal Technical Institute, Inc provides transportation, skilled trades, and healthcare education programs in the United States. The company operates in two segments, UTI and Concorde. It offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology. Featured Stories Receive News & Ratings for Universal Technical Institute Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Technical Institute and related companies with MarketBeat.com's FREE daily email newsletter .
GSA Capital Partners LLP reduced its stake in Sun Communities, Inc. ( NYSE:SUI – Free Report ) by 59.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,050 shares of the real estate investment trust’s stock after selling 2,957 shares during the period. GSA Capital Partners LLP’s holdings in Sun Communities were worth $277,000 as of its most recent filing with the Securities and Exchange Commission. A number of other large investors have also added to or reduced their stakes in SUI. Assetmark Inc. raised its holdings in shares of Sun Communities by 2,111.1% during the 3rd quarter. Assetmark Inc. now owns 199 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 190 shares in the last quarter. Quest Partners LLC raised its stake in Sun Communities by 12,700.0% during the second quarter. Quest Partners LLC now owns 384 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 381 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in Sun Communities during the second quarter worth about $62,000. Farther Finance Advisors LLC lifted its holdings in shares of Sun Communities by 89.1% in the third quarter. Farther Finance Advisors LLC now owns 501 shares of the real estate investment trust’s stock worth $68,000 after acquiring an additional 236 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in shares of Sun Communities by 230.7% in the 3rd quarter. Blue Trust Inc. now owns 625 shares of the real estate investment trust’s stock valued at $84,000 after purchasing an additional 436 shares in the last quarter. Institutional investors and hedge funds own 99.59% of the company’s stock. Sun Communities Stock Performance NYSE SUI opened at $127.46 on Friday. The company has a fifty day moving average price of $132.51 and a 200-day moving average price of $127.49. The firm has a market cap of $16.24 billion, a price-to-earnings ratio of 68.53, a PEG ratio of 0.54 and a beta of 0.91. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.61 and a quick ratio of 1.61. Sun Communities, Inc. has a 1 year low of $110.98 and a 1 year high of $147.83. Sun Communities Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date of this dividend was Monday, September 30th. Sun Communities’s payout ratio is 202.15%. Wall Street Analyst Weigh In SUI has been the topic of a number of research reports. Wells Fargo & Company boosted their target price on shares of Sun Communities from $123.00 to $154.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 19th. Truist Financial upped their target price on Sun Communities from $127.00 to $138.00 and gave the stock a “hold” rating in a report on Tuesday, August 13th. Jefferies Financial Group began coverage on Sun Communities in a research note on Thursday, October 17th. They set a “buy” rating and a $160.00 price target on the stock. BMO Capital Markets lowered their price objective on Sun Communities from $145.00 to $138.00 and set an “outperform” rating for the company in a research note on Thursday, November 7th. Finally, UBS Group lowered shares of Sun Communities from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $155.00 to $134.00 in a report on Thursday, November 14th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $139.08. Read Our Latest Stock Report on SUI Sun Communities Profile ( Free Report ) Established in 1975, Sun Communities, Inc became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of December 31, 2023, the Company owned, operated, or had an interest in a portfolio of 667 developed MH, RV and Marina properties comprising 179,310 developed sites and approximately 48,030 wet slips and dry storage spaces in the U.S., the UK and Canada. Featured Articles Five stocks we like better than Sun Communities 3 Tickers Leading a Meme Stock Revival Vertiv’s Cool Tech Makes Its Stock Red-Hot Low PE Growth Stocks: Unlocking Investment Opportunities MarketBeat Week in Review – 11/18 – 11/22 Low PE Growth Stocks: Unlocking Investment Opportunities 2 Finance Stocks With Competitive Advantages You Can’t Ignore Want to see what other hedge funds are holding SUI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sun Communities, Inc. ( NYSE:SUI – Free Report ). Receive News & Ratings for Sun Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sun Communities and related companies with MarketBeat.com's FREE daily email newsletter .SAN JUAN, Puerto Rico (AP) — When Kenyan police arrived in Haiti as part of a U.N.-backed mission earlier this year to tackle gang violence, hopes were high. Coordinated gang attacks on prisons, police stations and the main international airport had crippled the country’s capital and forced the prime minister to resign , plunging Haiti into an unprecedented crisis. But the crisis has only deepened since the international policing contingent arrived. The main international airport closed for the second time this year after gangs opened fire on commercial flights in mid-November, striking a flight attendant. Gunmen also are attacking once-peaceful communities to try and seize control of the entire capital, taking advantage of political infighting that led to the abrupt dismissal of the prime minister earlier this month. Now, a new prime minister is tasked with turning around a nation that sees no escape from its troubles as Haitians wonder: How did the country reach this point? Bloody coups, brutal dictatorships and gangs created by Haiti's political and economic elite have long defined the country's history, but experts say the current crisis is the worst they’ve seen. “I’m very bleak about the future,” said Robert Fatton, a Haitian politics expert at the University of Virginia. “The whole situation is really collapsing.” The government is anemic, the U.N.-backed mission that supports Haiti's understaffed police department lacks funding and personnel, and gangs now control 85% of the capital. Then, on Wednesday, another blow. Doctors Without Borders announced it was suspending critical care in Port-au-Prince as it accused police of targeting its staff and patients, including threats of rape and death. It’s the first time the aid group has stopped working with new patients since it began operating in Haiti more than 30 years ago. “Every day that we cannot resume activities is a tragedy, as we are one of the few providers of a wide range of medical services that have remained open during this extremely difficult year,” said Christophe Garnier, mission director in Haiti. Lionel Lazarre, deputy spokesman for Haiti’s National Police, did not return messages for comment. Neither did officials with Kenya’s mission when asked about the surge in gang violence. In a recent statement, the Kenyan-led mission said it was “cognizant of the road ahead that is fraught with challenges." But it noted that ongoing joint patrols and operations have secured certain communities and forced gangs to change the way they operate. André François Giroux, Canada’s ambassador to Haiti, told The Associated Press on Saturday that his country and others have been trying to bolster the Kenyan-led mission. “They’ve done miracles, I think, considering all the challenges that we’ve been facing," he said. “What we have to keep in mind is that it’s still very much in deployment mode,” Giroux said. “There are not even 400 on the ground right now.” A spokesman for Haiti’s new prime minister, Alix Didier Fils-Aimé, did not return messages for comment. In a statement Thursday, his administration said authorities were strengthening security along the capital's main roads and had formed a special security council. “The prime minister renews his commitment to find lasting solutions to current problems,” it said. The statement was issued just days after gangs launched a pre-dawn attack Tuesday around an upper-class community in Haiti’s capital, forcing residents armed with machetes and guns to fight side-by-side with police to repel gunmen. At least 28 gang members were killed, but not before some reached an area near an upscale hotel long considered safe. “It tells you that there is no functioning authority in Haiti," Fatton said. A main concern in the ongoing crisis is the temporary closure of the main international airport in Port-au-Prince. It means critical aid is not reaching those who need it the most in a country where nearly 6,000 people are starving and nearly half of the more than 11 million inhabitants are experiencing crisis levels of hunger or worse. Gang violence also has left more than 700,000 people homeless in recent years . “We are deeply concerned about the isolation of Port-au-Prince from the rest of Haiti and the world,” said Laurent Uwumuremyi, Mercy Corps’ country director for Haiti. The aid group helps people including more than 15,000 living in makeshift shelters, but persistent gang violence has prevented workers from reaching a growing number of them in the capital and beyond. Basic goods also are dwindling as the suspension of flights has delayed imports of critical supplies. “Before, there were some neighborhoods in Port-au-Prince that we considered safe that the gangs had never reached, but now they are threatening to take over the control of the entire capital,” Uwumuremyi said. At least 150 people were reported killed in the capital and 20,000 forced to flee their homes in the second week of November alone. Overall, more than 4,500 people were reported killed in Haiti so far this year, the U.N. said. Jimmy Chérizier, a former elite police officer who became a gang leader known as Barbecue, warned that a gang coalition known as Viv Ansanm will keep attacking as they demand the resignation of a transitional presidential council tasked with leading the country along with the new prime minister. The council also is supposed to organize general elections for the first time in nearly a decade so voters can choose a president, a position left empty since President Jovenel Moïse was killed at his private residence in July 2021. The U.S. and other countries pushed for a U.N. peacekeeping mission in Haiti at a U.N. Security Council meeting this week. Only about 400 officers from Kenya have arrived, along with a handful of police and soldiers from other countries — way short of the 2,500 personnel slated for the mission. “This is not just another wave of insecurity; it is a dramatic escalation that shows no signs of abating,” Miroslav Jenča, U.N. assistant secretary general for Europe, Central Asia and the Americas, said Wednesday at the meeting. But Russia and China oppose a U.N. peacekeeping mission , leaving many to wonder what other options are left for Haiti. Giroux, the Canadian ambassador, said his country supports a peacekeeping operation “when the time is right.” “Everybody is looking at a peacekeeping mission as a silver bullet,” he said, adding that even if that were to happen, it wouldn’t be able to deploy for another six to 12 months. “We need to be realistic.” Giroux said he is hopeful that some 600 Kenyans will arrive in Haiti in upcoming weeks, but added that "none of this matters if the political elite doesn’t get its act together.” The nine-member transitional presidential council has been marred by accusations of corruption and infighting and was criticized for firing the previous prime minister. “I’m at a loss for any short-term solution for Haiti, let alone any long-term solutions,” Fatton said. “The gangs have seen that they shouldn’t be afraid of the Kenyan mission.” He said one option may be for the government to negotiate with the gangs. “At the moment, it is perceived as utterly unacceptable," he said. "But if the situation deteriorates even more, what else are you left with?”
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