Baird Financial Group Inc. Buys 37,678 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Baird Financial Group Inc. raised its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 7.6% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 533,666 shares of the real estate investment trust’s stock after buying an additional 37,678 shares during the period. Baird Financial Group Inc. owned about 0.43% of HA Sustainable Infrastructure Capital worth $14,334,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameritas Investment Partners Inc. lifted its position in HA Sustainable Infrastructure Capital by 3.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 12,499 shares of the real estate investment trust’s stock valued at $336,000 after purchasing an additional 415 shares during the period. Values Added Financial LLC raised its stake in shares of HA Sustainable Infrastructure Capital by 3.1% during the second quarter. Values Added Financial LLC now owns 14,621 shares of the real estate investment trust’s stock worth $393,000 after buying an additional 439 shares during the last quarter. Amalgamated Bank lifted its holdings in HA Sustainable Infrastructure Capital by 1.4% in the second quarter. Amalgamated Bank now owns 34,316 shares of the real estate investment trust’s stock valued at $922,000 after buying an additional 489 shares during the period. Louisiana State Employees Retirement System grew its holdings in HA Sustainable Infrastructure Capital by 0.9% during the 2nd quarter. Louisiana State Employees Retirement System now owns 56,500 shares of the real estate investment trust’s stock worth $1,518,000 after acquiring an additional 500 shares during the period. Finally, CWM LLC increased its holdings in HA Sustainable Infrastructure Capital by 12.4% in the second quarter. CWM LLC now owns 4,552 shares of the real estate investment trust’s stock valued at $122,000 after purchasing an additional 501 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HASI has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an “overweight” rating in a research note on Friday, September 19th. Jefferies Financial Group raised 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. The Goldman Sachs Group lifted their price target on HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “neutral” rating in a research note on Wednesday, October 8th. Morgan Stanley increased their price objective on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the company an “overweight” rating in a report on Tuesday, December 2nd. Finally, UBS Group upped their target price on shares of HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a report on Monday, November 10th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $39.11.

HA Sustainable Infrastructure Capital Price Performance

HASI opened at $33.39 on Monday. The company has a current ratio of 11.03, a quick ratio of 11.03 and a debt-to-equity ratio of 1.93. The stock has a market capitalization of $4.22 billion, a P/E ratio of 14.33, a PEG ratio of 1.27 and a beta of 1.47. The stock has a 50-day moving average price of $31.11 and a 200-day moving average price of $28.47. HA Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.98 and a 12-month high of $34.53.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released 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 the consensus estimate of $27.97 million. HA Sustainable Infrastructure Capital had a return on equity of 11.97% and a net margin of 79.69%.HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. Equities analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 9th. Investors of record on Monday, December 29th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 5.0%. The ex-dividend date is Monday, December 29th. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 72.10%.

HA Sustainable Infrastructure Capital Company Profile

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.