Traders Purchase High Volume of HA Sustainable Infrastructure Capital Call Options (NYSE:HASI)

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) was the target of some unusual options trading activity on Friday. Stock investors acquired 45,106 call options on the stock. This represents an increase of 12,861% compared to the average volume of 348 call options.

HA Sustainable Infrastructure Capital Stock Performance

HASI stock traded down $0.10 during trading hours on Friday, hitting $32.91. 622,939 shares of the stock were exchanged, compared to its average volume of 1,232,899. The company has a 50-day simple moving average of $31.78 and a two-hundred day simple moving average of $29.17. The firm has a market capitalization of $4.16 billion, a P/E ratio of 14.13, a P/E/G ratio of 1.26 and a beta of 1.48. HA Sustainable Infrastructure Capital has a 12 month low of $21.98 and a 12 month high of $34.53. The company has a current ratio of 11.03, a quick ratio of 11.03 and a debt-to-equity ratio of 1.93.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11. The business had revenue of ($37.39) million for the quarter, compared to analysts’ expectations of $27.97 million. HA Sustainable Infrastructure Capital had a net margin of 79.69% and a return on equity of 11.97%. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. On average, analysts forecast that HA Sustainable Infrastructure Capital will post 2.45 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Monday, December 29th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Monday, December 29th. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 72.10%.

Institutional Investors Weigh In On HA Sustainable Infrastructure Capital

A number of hedge funds have recently added to or reduced their stakes in the business. iSAM Funds UK Ltd bought a new position in HA Sustainable Infrastructure Capital in the 3rd quarter valued at $27,000. Salomon & Ludwin LLC bought a new position in HA Sustainable Infrastructure Capital during the third quarter valued at about $27,000. Legend Financial Advisors Inc. bought a new stake in HA Sustainable Infrastructure Capital in the second quarter worth about $27,000. Hantz Financial Services Inc. boosted its stake in HA Sustainable Infrastructure Capital by 630.9% in the third quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 1,142 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new position in shares of HA Sustainable Infrastructure Capital during the 3rd quarter valued at approximately $67,000. 96.14% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on HASI shares. Jefferies Financial Group upped their target price on shares of 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. UBS Group raised their target price on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the stock a “buy” rating in a report on Monday, November 10th. Morgan Stanley upped their price target on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd. Weiss Ratings restated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a report on Monday. Finally, JPMorgan Chase & Co. increased their target price on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an “overweight” rating in a report on Friday, September 19th. Ten equities 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 currently has an average rating of “Moderate Buy” and a consensus target price of $39.56.

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.