Louisiana State Employees Retirement System Makes New Investment in HA Sustainable Infrastructure Capital, Inc. $HASI

Louisiana State Employees Retirement System purchased a new position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 56,600 shares of the real estate investment trust’s stock, valued at approximately $2,080,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HASI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of HA Sustainable Infrastructure Capital by 6.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,956 shares of the real estate investment trust’s stock worth $2,046,000 after buying an additional 4,212 shares in the last quarter. United Services Automobile Association acquired a new position in HA Sustainable Infrastructure Capital during the first quarter worth about $222,000. Jane Street Group LLC grew its stake in HA Sustainable Infrastructure Capital by 49.9% during the 1st quarter. Jane Street Group LLC now owns 104,926 shares of the real estate investment trust’s stock valued at $3,068,000 after acquiring an additional 34,932 shares in the last quarter. Intech Investment Management LLC raised its holdings in HA Sustainable Infrastructure Capital by 13.6% in the 1st quarter. Intech Investment Management LLC now owns 47,566 shares of the real estate investment trust’s stock valued at $1,391,000 after acquiring an additional 5,683 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in HA Sustainable Infrastructure Capital by 12.9% during the second quarter. Cetera Investment Advisers now owns 27,544 shares of the real estate investment trust’s stock worth $740,000 after buying an additional 3,139 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Wall Street Analysts Forecast Growth

HASI has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on shares of HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Wells Fargo & Company lifted their price target on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Mizuho lifted their target price on 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. Royal Bank Of Canada increased their price target on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, UBS Group increased their price objective on 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. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently 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 $39.09 on Wednesday. HA Sustainable Infrastructure Capital, Inc. has a twelve month low of $24.38 and a twelve month high of $44.13. The business’s fifty day moving average price is $40.15 and its 200 day moving average price is $37.16. The company has a current ratio of 12.10, a quick ratio of 12.10 and a debt-to-equity ratio of 2.12. The stock has a market capitalization of $5.02 billion, a P/E ratio of 111.67, a PEG ratio of 1.15 and a beta of 1.43.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. HA Sustainable Infrastructure Capital had a net margin of 13.08% and a return on equity of 12.80%. The business had revenue of $124.23 million for the quarter, compared to analysts’ expectations of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, research analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.71 earnings per share for the current year.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Thursday, July 2nd will be given a $0.425 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $1.70 annualized dividend and a yield of 4.3%. HA Sustainable Infrastructure Capital’s dividend payout ratio 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.