Intech Investment Management LLC Has $4.29 Million Stock Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Intech Investment Management LLC boosted its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 117.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 139,820 shares of the real estate investment trust’s stock after purchasing an additional 75,571 shares during the period. Intech Investment Management LLC owned 0.11% of HA Sustainable Infrastructure Capital worth $4,292,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. TD Cowen raised their price objective on shares of HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Jefferies Financial Group raised their target price on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Weiss Ratings restated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday, December 29th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, December 17th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $43.00.

HA Sustainable Infrastructure Capital Stock Down 0.9%

HA Sustainable Infrastructure Capital stock opened at $36.52 on Monday. The stock has a market cap of $4.68 billion, a P/E ratio of 26.85, a P/E/G ratio of 1.26 and a beta of 1.44. The company’s 50-day moving average price is $34.80 and its two-hundred day moving average price is $31.89. The company has a quick ratio of 9.20, a current ratio of 9.20 and a debt-to-equity ratio of 1.94. HA Sustainable Infrastructure Capital, Inc. has a twelve month low of $21.98 and a twelve month high of $40.01.

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

HA Sustainable Infrastructure Capital Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Stockholders 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 dividend yield of 4.7%. The ex-dividend date is Thursday, April 2nd. This is an increase from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. HA Sustainable Infrastructure Capital’s dividend payout ratio is 123.53%.

Insider Activity

In related news, Director Jeffrey Eckel sold 134,398 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $39.23, for a total transaction of $5,272,433.54. Following the sale, the director owned 9,050 shares in the company, valued at $355,031.50. The trade was a 93.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 2.00% of the company’s stock.

HA Sustainable Infrastructure Capital Profile

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.