SEB Asset Management AB Buys Shares of 32,900 HA Sustainable Infrastructure Capital, Inc. $HASI

SEB Asset Management AB purchased a new position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 32,900 shares of the real estate investment trust’s stock, valued at approximately $1,209,000.

Other hedge funds have also bought and sold shares of the company. Swiss National Bank grew its position in shares of HA Sustainable Infrastructure Capital by 1.7% in the first quarter. Swiss National Bank now owns 249,434 shares of the real estate investment trust’s stock valued at $9,167,000 after purchasing an additional 4,200 shares during the last quarter. Ellerson Group Inc. ADV bought a new position in HA Sustainable Infrastructure Capital in the 1st quarter valued at about $2,324,000. Nwam LLC raised its position in HA Sustainable Infrastructure Capital by 29.2% during the first quarter. Nwam LLC now owns 25,279 shares of the real estate investment trust’s stock valued at $929,000 after purchasing an additional 5,709 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of HA Sustainable Infrastructure Capital by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 620,243 shares of the real estate investment trust’s stock worth $22,794,000 after buying an additional 19,506 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of HA Sustainable Infrastructure Capital by 1.1% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 31,566 shares of the real estate investment trust’s stock worth $1,160,000 after acquiring an additional 353 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Trading Up 1.1%

Shares of HASI opened at $38.34 on Friday. HA Sustainable Infrastructure Capital, Inc. has a 1-year low of $24.38 and a 1-year high of $44.13. The company has a market capitalization of $4.92 billion, a P/E ratio of 109.53, a P/E/G ratio of 1.12 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. The firm’s 50 day simple moving average is $39.02 and its 200 day simple moving average is $37.83.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its quarterly 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 during 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. Sell-side analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.71 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 2nd were paid a dividend of $0.425 per share. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $1.70 annualized dividend and a dividend yield of 4.4%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 485.71%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on HASI shares. Weiss Ratings restated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, May 13th. Wells Fargo & Company raised their price objective on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Morgan Stanley upped their price target on HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the stock an “overweight” rating in a report on Wednesday, May 27th. Citigroup raised their target price on HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Finally, Royal Bank Of Canada increased their price objective on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.90.

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.