Investment Research Partners LLC Invests $396,000 in HA Sustainable Infrastructure Capital, Inc. $HASI

Investment Research Partners LLC bought a new position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 14,090 shares of the real estate investment trust’s stock, valued at approximately $396,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Alliancebernstein L.P. boosted its holdings in HA Sustainable Infrastructure Capital by 1,015.5% in the second quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock valued at $117,012,000 after purchasing an additional 3,965,832 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in HA Sustainable Infrastructure Capital by 1,285.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,903,532 shares of the real estate investment trust’s stock worth $58,438,000 after purchasing an additional 1,766,093 shares in the last quarter. Norges Bank purchased a new stake in shares of HA Sustainable Infrastructure Capital during the 2nd quarter worth approximately $27,979,000. Marshall Wace LLP boosted its holdings in shares of HA Sustainable Infrastructure Capital by 450.0% in the 3rd quarter. Marshall Wace LLP now owns 914,226 shares of the real estate investment trust’s stock valued at $28,067,000 after buying an additional 748,010 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of HA Sustainable Infrastructure Capital by 101.8% in the 2nd quarter. First Trust Advisors LP now owns 653,598 shares of the real estate investment trust’s stock valued at $17,556,000 after buying an additional 329,754 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Stock Up 2.5%

Shares of NYSE:HASI opened at $36.83 on Friday. HA Sustainable Infrastructure Capital, Inc. has a 1-year low of $21.98 and a 1-year high of $40.01. The company has a debt-to-equity ratio of 1.94, a current ratio of 9.20 and a quick ratio of 9.20. The stock has a market cap of $4.72 billion, a P/E ratio of 27.08, a P/E/G ratio of 1.15 and a beta of 1.44. The firm has a fifty day moving average price of $35.87 and a 200 day moving average price of $32.64.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, meeting analysts’ consensus estimates of $0.67. HA Sustainable Infrastructure Capital had a net margin of 46.08% and a return on equity of 12.06%. The business had revenue of $114.81 million during the quarter, compared to analysts’ expectations of $28.74 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Sell-side analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current year.

HA Sustainable Infrastructure Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd will be given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Thursday, April 2nd. This is a positive change from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. HA Sustainable Infrastructure Capital’s payout ratio is 125.00%.

Wall Street Analyst Weigh In

Several brokerages recently commented on HASI. Morgan Stanley lifted their price target on shares of HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 2nd. Wells Fargo & Company lifted their target price on HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a report on Monday, December 29th. UBS Group upped their target price on HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Finally, Oppenheimer restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $43.22.

Insiders Place Their Bets

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of HA Sustainable Infrastructure Capital stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $39.23, for a total value of $5,272,433.54. Following the transaction, the director directly owned 9,050 shares in the company, valued at approximately $355,031.50. This trade represents a 93.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.00% of the company’s stock.

HA Sustainable Infrastructure Capital Company 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.