Exchange Traded Concepts LLC Makes New $879,000 Investment in HA Sustainable Infrastructure Capital, Inc. $HASI

Exchange Traded Concepts LLC bought a new stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 28,639 shares of the real estate investment trust’s stock, valued at approximately $879,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Legend Financial Advisors Inc. acquired a new stake in HA Sustainable Infrastructure Capital in the 2nd quarter valued at $27,000. CWM LLC grew its stake in shares of 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 buying an additional 501 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 12.5% in the third quarter. GAMMA Investing LLC now owns 5,928 shares of the real estate investment trust’s stock valued at $182,000 after buying an additional 657 shares in the last quarter. AlphaQuest LLC purchased a new stake in shares of HA Sustainable Infrastructure Capital during the 1st quarter valued at about $187,000. Finally, Ieq Capital LLC acquired a new position in HA Sustainable Infrastructure Capital during the 1st quarter worth approximately $202,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Trading Down 0.3%

HASI opened at $32.91 on Monday. The stock has a market capitalization of $4.16 billion, a PE ratio of 14.13, a P/E/G ratio of 1.25 and a beta of 1.47. The firm’s fifty day moving average price is $31.86 and its 200 day moving average price is $29.25. The company has a debt-to-equity ratio of 1.93, a current ratio of 11.03 and a quick ratio of 11.03. 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 announced its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share for the quarter, topping the consensus estimate 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 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. As a group, research analysts expect that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

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

Wall Street Analyst Weigh In

HASI has been the subject of several recent research reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th. Wells Fargo & Company raised their price target on shares of HA Sustainable Infrastructure Capital from $33.00 to $37.00 and gave the company an “overweight” rating in a report on Friday, December 19th. Jefferies Financial Group lifted 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 note on Tuesday, November 18th. Morgan Stanley boosted their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Tuesday, December 2nd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday, December 22nd. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $39.56.

HA Sustainable Infrastructure Capital 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.