SG Americas Securities LLC Buys 28,305 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

SG Americas Securities LLC raised its stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 591.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,089 shares of the real estate investment trust’s stock after acquiring an additional 28,305 shares during the period. SG Americas Securities LLC’s holdings in HA Sustainable Infrastructure Capital were worth $1,016,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of HASI. Osaic Holdings Inc. raised its holdings in shares of HA Sustainable Infrastructure Capital by 0.9% in the second quarter. Osaic Holdings Inc. now owns 45,899 shares of the real estate investment trust’s stock valued at $1,233,000 after purchasing an additional 389 shares during the last quarter. Ameritas Investment Partners Inc. grew its position in HA Sustainable Infrastructure Capital by 3.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 12,499 shares of the real estate investment trust’s stock worth $336,000 after purchasing an additional 415 shares in the last quarter. Values Added Financial LLC increased its stake in HA Sustainable Infrastructure Capital by 3.1% in the 2nd quarter. Values Added Financial LLC now owns 14,621 shares of the real estate investment trust’s stock valued at $393,000 after buying an additional 439 shares during the last quarter. Amalgamated Bank lifted its position in shares of HA Sustainable Infrastructure Capital by 1.4% during the 2nd quarter. Amalgamated Bank now owns 34,316 shares of the real estate investment trust’s stock worth $922,000 after buying an additional 489 shares in the last quarter. Finally, Louisiana State Employees Retirement System boosted its stake in shares of HA Sustainable Infrastructure Capital by 0.9% in 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 buying an additional 500 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HASI has been the subject of a number of research analyst reports. Morgan Stanley increased their price target on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the company an “overweight” rating in a research report on Tuesday, December 2nd. Jefferies Financial Group upped their price objective on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. UBS Group lifted their target price on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. Oppenheimer reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, December 16th. Finally, The Goldman Sachs Group raised their price objective on shares of HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “neutral” rating in a report on Wednesday, October 8th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $40.00.

HA Sustainable Infrastructure Capital Price Performance

NYSE HASI opened at $34.48 on Monday. The company has a quick ratio of 11.03, a current ratio of 11.03 and a debt-to-equity ratio of 1.93. The company has a market cap of $4.36 billion, a PE ratio of 14.80, a price-to-earnings-growth ratio of 1.19 and a beta of 1.45. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.98 and a 52 week high of $34.71. The firm’s 50-day simple moving average is $33.10 and its two-hundred day simple moving average is $29.90.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.11. The company had revenue of ($37.39) million for 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. Research analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current year.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Monday, December 29th were given a dividend of $0.42 per share. The ex-dividend date was Monday, December 29th. This represents a $1.68 annualized dividend and a dividend yield of 4.9%. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 72.10%.

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.