HA Sustainable Infrastructure Capital (NYSE:HASI) Director Sells $5,272,433.54 in Stock

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Director Jeffrey Eckel sold 134,398 shares of HA Sustainable Infrastructure Capital stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $39.23, for a total value of $5,272,433.54. Following the completion of the transaction, the director directly owned 9,050 shares in the company, valued at $355,031.50. This represents a 93.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

HA Sustainable Infrastructure Capital Stock Down 1.7%

NYSE:HASI opened at $37.13 on Friday. The business’s fifty day moving average price is $34.29 and its 200 day moving average price is $31.32. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 27.30, a PEG ratio of 1.31 and a beta of 1.45. The company has a current ratio of 9.20, a quick ratio of 11.03 and a debt-to-equity ratio of 1.94. HA Sustainable Infrastructure Capital, Inc. has a 1-year low of $21.98 and a 1-year high of $40.01.

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 (EPS) for the quarter, meeting analysts’ consensus estimates of $0.67. HA Sustainable Infrastructure Capital had a net margin of 46.08% and a return on equity of 12.06%. The company had revenue of $114.81 million during the quarter, compared to analyst estimates of $28.74 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, sell-side analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share 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 $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 4.6%. This is a boost from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. The ex-dividend date is Thursday, April 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 123.53%.

Analysts Set New Price Targets

HASI has been the subject of a number of recent research reports. Jefferies Financial Group upped their price objective on shares of HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. TD Cowen upped their price target on HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday. Royal Bank Of Canada reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, December 17th. Wells Fargo & Company boosted their target price on HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, UBS Group increased their price target on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a report on Monday, November 10th. Nine research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $43.00.

Institutional Investors Weigh In On HA Sustainable Infrastructure Capital

Several hedge funds have recently modified their holdings of the business. Cetera Investment Advisers lifted its holdings in shares of HA Sustainable Infrastructure Capital by 0.9% in the fourth quarter. Cetera Investment Advisers now owns 30,998 shares of the real estate investment trust’s stock worth $974,000 after buying an additional 266 shares in the last quarter. Smartleaf Asset Management LLC grew its position in HA Sustainable Infrastructure Capital by 14.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the real estate investment trust’s stock worth $85,000 after buying an additional 336 shares in the last quarter. Pekin Hardy Strauss Inc. increased its position in shares of HA Sustainable Infrastructure Capital by 5.0% in the fourth quarter. Pekin Hardy Strauss Inc. now owns 7,310 shares of the real estate investment trust’s stock worth $230,000 after purchasing an additional 345 shares during the last quarter. Osaic Holdings Inc. raised its stake in HA Sustainable Infrastructure Capital by 0.9% in the second quarter. Osaic Holdings Inc. now owns 45,899 shares of the real estate investment trust’s stock valued at $1,233,000 after purchasing an additional 389 shares in the last quarter. Finally, Man Group plc grew its stake in HA Sustainable Infrastructure Capital by 6.0% in the 4th quarter. Man Group plc now owns 6,979 shares of the real estate investment trust’s stock worth $219,000 after buying an additional 395 shares in the last quarter. 96.14% of the stock is owned by institutional investors.

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.