Intech Investment Management LLC Increases Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Intech Investment Management LLC boosted its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 35.1% during the second quarter, Holdings Channel reports. The fund owned 64,249 shares of the real estate investment trust’s stock after acquiring an additional 16,683 shares during the period. Intech Investment Management LLC’s holdings in HA Sustainable Infrastructure Capital were worth $1,726,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of HA Sustainable Infrastructure Capital by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 13,556,379 shares of the real estate investment trust’s stock worth $396,389,000 after purchasing an additional 311,184 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its position in HA Sustainable Infrastructure Capital by 7.0% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,020,891 shares of the real estate investment trust’s stock worth $146,811,000 after buying an additional 330,314 shares during the last quarter. Geode Capital Management LLC boosted its stake in 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 buying an additional 86,513 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in HA Sustainable Infrastructure Capital by 441.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,997,416 shares of the real estate investment trust’s stock valued at $58,404,000 after acquiring an additional 1,628,182 shares during the last quarter. Finally, Citigroup Inc. grew its position in HA Sustainable Infrastructure Capital by 40.0% during the first quarter. Citigroup Inc. now owns 1,311,379 shares of the real estate investment trust’s stock valued at $38,345,000 after acquiring an additional 374,946 shares during the last quarter. Institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Price Performance

HASI stock opened at $32.46 on Friday. The stock has a market capitalization of $4.11 billion, a price-to-earnings ratio of 20.94, a PEG ratio of 1.05 and a beta of 1.63. The firm’s 50-day moving average price is $30.20 and its two-hundred day moving average price is $28.02. The company has a current ratio of 10.81, a quick ratio of 10.81 and a debt-to-equity ratio of 1.82. HA Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.98 and a 12-month high of $34.28.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.11. The company had revenue of ($37.39) million during the quarter, compared to analyst estimates of $27.97 million. HA Sustainable Infrastructure Capital had a net margin of 56.17% and a return on equity of 10.85%. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. As a group, equities analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Stockholders of record on Monday, December 29th will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Monday, December 29th. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 72.10%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. UBS Group boosted their price objective on shares of HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the stock a “buy” rating in a report on Monday, November 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday, November 17th. JPMorgan Chase & Co. upped their price target on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a research report on Friday, September 19th. Wall Street Zen raised HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, The Goldman Sachs Group increased their target price on HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, October 8th. Eight 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, HA Sustainable Infrastructure Capital presently has an average rating of “Moderate Buy” and an average target price of $38.33.

About HA Sustainable Infrastructure Capital

HA Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company’s portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.