Neo Ivy Capital Management Boosts Stock Holdings in HA Sustainable Infrastructure Capital, Inc. $HASI

Neo Ivy Capital Management raised its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 5,414.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,220 shares of the real estate investment trust’s stock after purchasing an additional 14,944 shares during the period. Neo Ivy Capital Management’s holdings in HA Sustainable Infrastructure Capital were worth $467,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in HASI. Swedbank AB grew its stake in shares of HA Sustainable Infrastructure Capital by 4.8% during the 3rd quarter. Swedbank AB now owns 1,635,072 shares of the real estate investment trust’s stock worth $50,197,000 after acquiring an additional 75,504 shares during the period. Farther Finance Advisors LLC lifted its holdings in HA Sustainable Infrastructure Capital by 4,646.6% during the third quarter. Farther Finance Advisors LLC now owns 42,007 shares of the real estate investment trust’s stock valued at $1,290,000 after purchasing an additional 41,122 shares during the last quarter. ABN AMRO Bank N.V. purchased a new stake in HA Sustainable Infrastructure Capital during the second quarter valued at about $6,297,000. Baird Financial Group Inc. boosted its position in HA Sustainable Infrastructure Capital by 7.6% during the second quarter. Baird Financial Group Inc. now owns 533,666 shares of the real estate investment trust’s stock worth $14,334,000 after purchasing an additional 37,678 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its position in HA Sustainable Infrastructure Capital by 306.2% during the third quarter. Robeco Institutional Asset Management B.V. now owns 433,551 shares of the real estate investment trust’s stock worth $13,310,000 after purchasing an additional 326,810 shares during the period. 96.14% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Jeffrey Eckel sold 134,398 shares of the stock in a transaction on 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 sale, the director owned 9,050 shares in the company, valued at approximately $355,031.50. This trade represents a 93.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on HASI. Wells Fargo & Company boosted their price target on shares of 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. Royal Bank Of Canada reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, December 17th. Oppenheimer reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, December 16th. Morgan Stanley increased their target price on 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. Finally, Jefferies Financial Group lifted their price target on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, HA Sustainable Infrastructure Capital has an average rating of “Moderate Buy” and an average target price of $43.22.

HA Sustainable Infrastructure Capital Trading Down 1.5%

Shares of HA Sustainable Infrastructure Capital stock opened at $35.89 on Monday. The company’s 50-day moving average price is $35.14 and its 200-day moving average price is $32.20. The company has a current ratio of 9.20, a quick ratio of 9.20 and a debt-to-equity ratio of 1.94. HA Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.98 and a 12-month high of $40.01. The company has a market cap of $4.60 billion, a price-to-earnings ratio of 26.39, a PEG ratio of 1.24 and a beta of 1.44.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, meeting the consensus estimate 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 analysts’ expectations of $28.74 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, equities analysts expect 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 company also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 2nd will be issued a $0.425 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This is an increase from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. This represents a $1.70 annualized dividend and a dividend yield of 4.7%. HA Sustainable Infrastructure Capital’s payout ratio is currently 123.53%.

HA Sustainable Infrastructure Capital Company 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.