Capital Innovations LLC bought a new position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 187,959 shares of the real estate investment trust’s stock, valued at approximately $5,908,000. HA Sustainable Infrastructure Capital accounts for 1.7% of Capital Innovations LLC’s portfolio, making the stock its 23rd biggest position.
A number of other large investors also recently added to or reduced their stakes in HASI. iSAM Funds UK Ltd purchased a new position in HA Sustainable Infrastructure Capital in the 3rd quarter worth $27,000. Hantz Financial Services Inc. raised its position in HA Sustainable Infrastructure Capital by 630.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 1,142 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in HA Sustainable Infrastructure Capital by 101.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 977 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in HA Sustainable Infrastructure Capital in the 3rd quarter worth $67,000. Finally, Quadrant Capital Group LLC purchased a new position in HA Sustainable Infrastructure Capital in the 3rd quarter worth $72,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.
Analyst Upgrades and Downgrades
HASI has been the topic of a number of analyst reports. Mizuho lifted their target price on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, May 13th. Morgan Stanley lifted their target price on shares of HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 27th. UBS Group lifted their target price on shares of HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, The Goldman Sachs Group lifted their target price on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $46.90.
HA Sustainable Infrastructure Capital Price Performance
Shares of HA Sustainable Infrastructure Capital stock opened at $40.70 on Wednesday. The firm has a market cap of $5.23 billion, a PE ratio of 116.29, a price-to-earnings-growth ratio of 1.19 and a beta of 1.43. HA Sustainable Infrastructure Capital, Inc. has a 12-month low of $24.38 and a 12-month high of $44.13. The company has a quick ratio of 12.10, a current ratio of 12.10 and a debt-to-equity ratio of 2.12. The company’s fifty day simple moving average is $39.74 and its two-hundred day simple moving average is $36.37.
HA Sustainable Infrastructure Capital (NYSE:HASI – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. The business had revenue of $124.23 million for the quarter, compared to analyst estimates of $112.24 million. HA Sustainable Infrastructure Capital had a net margin of 13.08% and a return on equity of 12.80%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, equities analysts expect that HA Sustainable Infrastructure Capital, Inc. will post 2.7 EPS for the current year.
HA Sustainable Infrastructure Capital Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Thursday, July 2nd will be issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 485.71%.
About HA Sustainable Infrastructure Capital
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.
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