Alliancebernstein L.P. Has $135.28 Million Stock Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Alliancebernstein L.P. lifted its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 1.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,406,564 shares of the real estate investment trust’s stock after buying an additional 50,212 shares during the quarter. Alliancebernstein L.P. owned about 3.48% of HA Sustainable Infrastructure Capital worth $135,282,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. iSAM Funds UK Ltd acquired a new position in shares of HA Sustainable Infrastructure Capital in the third quarter valued at $27,000. Salomon & Ludwin LLC acquired a new position in shares of HA Sustainable Infrastructure Capital in the third quarter valued at approximately $27,000. Hantz Financial Services Inc. grew its position in shares of 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 purchasing an additional 1,142 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of HA Sustainable Infrastructure Capital during the third quarter worth approximately $67,000. Finally, Quadrant Capital Group LLC bought a new position in shares of HA Sustainable Infrastructure Capital during the third quarter worth approximately $72,000. 96.14% of the stock is currently owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Price Performance

Shares of NYSE:HASI opened at $36.26 on Tuesday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 9.20 and a current ratio of 9.20. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.98 and a 52 week high of $40.01. The firm has a market cap of $4.65 billion, a PE ratio of 26.66, a price-to-earnings-growth ratio of 1.14 and a beta of 1.44. The firm’s fifty day moving average is $35.64 and its 200-day moving average is $32.53.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.67. The business had revenue of $114.81 million during the quarter, compared to the consensus estimate of $28.74 million. HA Sustainable Infrastructure Capital had a return on equity of 12.06% and a net margin of 46.08%.HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Sell-side analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current year.

HA Sustainable Infrastructure Capital Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 2nd will be issued a $0.425 dividend. The ex-dividend date is Thursday, April 2nd. This is a boost from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. This represents a $1.70 annualized dividend and a yield of 4.7%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 125.00%.

Insiders Place Their Bets

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total transaction of $5,272,433.54. Following the completion of the sale, the director owned 9,050 shares of the company’s stock, valued at approximately $355,031.50. This represents a 93.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. UBS Group boosted their price target on HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. TD Cowen raised their price target on shares of HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Jefferies Financial Group lifted their price target on shares of HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. The Goldman Sachs Group upped their price objective on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Finally, Mizuho increased their price objective on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the company an “outperform” rating in a research note on Wednesday, March 4th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.22.

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.