HA Sustainable Infrastructure Capital Sees Unusually Large Options Volume (NYSE:HASI)

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

HA Sustainable Infrastructure Capital Stock Performance

HASI opened at $32.91 on Friday. 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 company’s fifty day moving average price is $31.86 and its two-hundred day moving average price is $29.22. HA Sustainable Infrastructure Capital has a 1-year low of $21.98 and a 1-year high of $34.53. The company has a market cap of $4.16 billion, a price-to-earnings ratio of 14.13, a PEG ratio of 1.26 and a beta of 1.48.

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

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently declared 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. The ex-dividend date is Monday, December 29th. This represents a $1.68 dividend on an annualized basis and a yield of 5.1%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 72.10%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on HASI shares. Jefferies Financial Group boosted their price target on shares of HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. The Goldman Sachs Group boosted their target price on shares of HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, October 8th. Oppenheimer reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, December 16th. Wells Fargo & Company lifted their price objective on HA Sustainable Infrastructure Capital from $33.00 to $37.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, December 17th. Ten analysts have rated the stock with a Buy rating and two have assigned 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 $39.56.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

A number of large investors have recently bought and sold shares of the stock. Alliancebernstein L.P. increased its stake in HA Sustainable Infrastructure Capital by 1,015.5% during 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 purchasing an additional 3,965,832 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 1,285.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,903,532 shares of the real estate investment trust’s stock valued at $58,438,000 after purchasing an additional 1,766,093 shares during the period. Norges Bank purchased a new position in shares of HA Sustainable Infrastructure Capital in the second quarter worth approximately $27,979,000. Marshall Wace LLP grew its position in HA Sustainable Infrastructure Capital by 450.0% during the third quarter. Marshall Wace LLP now owns 914,226 shares of the real estate investment trust’s stock valued at $28,067,000 after buying an additional 748,010 shares during the period. Finally, First Trust Advisors LP increased its holdings in HA Sustainable Infrastructure Capital by 101.8% during the second quarter. First Trust Advisors LP now owns 653,598 shares of the real estate investment trust’s stock valued at $17,556,000 after buying an additional 329,754 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

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.