Erste Asset Management GmbH Has $73.02 Million Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Erste Asset Management GmbH raised its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 12.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,251,786 shares of the real estate investment trust’s stock after acquiring an additional 242,282 shares during the quarter. Erste Asset Management GmbH’s holdings in HA Sustainable Infrastructure Capital were worth $73,016,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HASI. Alliancebernstein L.P. increased its stake in HA Sustainable Infrastructure Capital by 1,015.5% in the 2nd quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock valued at $117,012,000 after buying an additional 3,965,832 shares during the last quarter. Norges Bank acquired a new stake in HA Sustainable Infrastructure Capital in the 4th quarter valued at $59,561,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in HA Sustainable Infrastructure Capital by 1,285.0% in the 3rd 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 valued at $58,438,000 after buying an additional 1,766,093 shares during the last quarter. Marshall Wace LLP increased its stake in 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 during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in HA Sustainable Infrastructure Capital by 27.4% in the 4th quarter. JPMorgan Chase & Co. now owns 2,625,977 shares of the real estate investment trust’s stock valued at $82,535,000 after buying an additional 565,279 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HASI has been the topic of several recent research reports. The Goldman Sachs Group lifted their price target on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the company a “neutral” rating in a research note on Tuesday, February 17th. Morgan Stanley lifted their price objective on shares of HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the company an “overweight” rating in a research report on Wednesday, May 27th. Royal Bank Of Canada lifted their price objective on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Wells Fargo & Company lifted their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Finally, UBS Group lifted their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $46.90.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI opened at $38.67 on Monday. The firm has a 50-day moving average of $40.03 and a 200-day moving average of $36.55. HA Sustainable Infrastructure Capital, Inc. has a one year low of $24.38 and a one year high of $44.13. The company has a market cap of $4.97 billion, a PE ratio of 110.49, a price-to-earnings-growth ratio of 1.15 and a beta of 1.43. The company has a debt-to-equity ratio of 2.12, a current ratio of 12.10 and a quick ratio of 12.10.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 EPS for the quarter, topping the consensus estimate of $0.68 by $0.09. The business had revenue of $124.23 million during the quarter, compared to the consensus estimate 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 forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.7 earnings per share for the current year.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Thursday, July 2nd will be issued a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.70 annualized dividend and a dividend yield of 4.4%. HA Sustainable Infrastructure Capital’s payout ratio is presently 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.