Erste Asset Management GmbH Buys 151,464 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Erste Asset Management GmbH raised its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 8.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,009,504 shares of the real estate investment trust’s stock after acquiring an additional 151,464 shares during the period. Erste Asset Management GmbH’s holdings in HA Sustainable Infrastructure Capital were worth $61,895,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of HA Sustainable Infrastructure Capital by 1.4% during the third quarter. Vanguard Group Inc. now owns 13,989,391 shares of the real estate investment trust’s stock worth $429,474,000 after purchasing an additional 198,441 shares during the period. State Street Corp grew its holdings in HA Sustainable Infrastructure Capital by 1.8% in the 2nd quarter. State Street Corp now owns 5,236,202 shares of the real estate investment trust’s stock valued at $140,644,000 after buying an additional 91,359 shares in the last quarter. Alliancebernstein L.P. increased its position in HA Sustainable Infrastructure Capital by 1,015.5% during the 2nd quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock worth $117,012,000 after buying an additional 3,965,832 shares during the period. Geode Capital Management LLC lifted its holdings in shares of HA Sustainable Infrastructure Capital by 3.1% during the second quarter. Geode Capital Management LLC now owns 2,881,223 shares of the real estate investment trust’s stock worth $77,399,000 after buying an additional 86,513 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of HA Sustainable Infrastructure Capital by 18.6% in the third quarter. JPMorgan Chase & Co. now owns 2,060,698 shares of the real estate investment trust’s stock valued at $63,263,000 after acquiring an additional 323,361 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

Insider Activity at HA Sustainable Infrastructure Capital

In other news, Director Jeffrey Eckel sold 134,398 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total value of $5,272,433.54. Following the sale, 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 2.00% of the company’s stock.

HA Sustainable Infrastructure Capital Stock Down 0.0%

Shares of HASI opened at $36.90 on Friday. The firm has a 50 day simple moving average of $34.72 and a two-hundred day simple moving average of $31.74. The company has a debt-to-equity ratio of 1.94, a current ratio of 9.20 and a quick ratio of 9.20. HA Sustainable Infrastructure Capital, Inc. has a one year low of $21.98 and a one year high of $40.01. The company has a market cap of $4.73 billion, a P/E ratio of 27.13, a P/E/G ratio of 1.28 and a beta of 1.45.

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

HA Sustainable Infrastructure Capital Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd will be paid a dividend of $0.425 per share. 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. This represents a $1.70 annualized dividend and a yield of 4.6%. HA Sustainable Infrastructure Capital’s payout ratio is presently 123.53%.

Wall Street Analysts Forecast Growth

HASI has been the topic of a number of recent research reports. Morgan Stanley raised 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 report on Tuesday, December 2nd. The Goldman Sachs Group raised 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 report on Tuesday, February 17th. Royal Bank Of Canada reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th. UBS Group raised their price objective on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. Finally, Wells Fargo & Company upped their target price on HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the company an “overweight” rating in a research report on Wednesday, February 18th. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $43.00.

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.