AIA Group Ltd Purchases New Stake in HA Sustainable Infrastructure Capital, Inc. $HASI

AIA Group Ltd purchased a new stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 32,955 shares of the real estate investment trust’s stock, valued at approximately $1,012,000.

A number of other large investors have also recently made changes to their positions in the business. iSAM Funds UK Ltd bought a new stake in HA Sustainable Infrastructure Capital during the 3rd quarter worth approximately $27,000. Salomon & Ludwin LLC bought a new position in shares of HA Sustainable Infrastructure Capital during the third quarter valued at about $27,000. Hantz Financial Services Inc. lifted its position in shares of HA Sustainable Infrastructure Capital by 630.9% during 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 in the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of HA Sustainable Infrastructure Capital during the 3rd quarter worth approximately $67,000. Finally, Quadrant Capital Group LLC purchased a new position in shares of HA Sustainable Infrastructure Capital in the 3rd quarter worth approximately $72,000. 96.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

HASI has been the subject of a number of research analyst reports. The Goldman Sachs Group increased their price target on HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the company a “neutral” rating in a research report on Tuesday, February 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday, December 29th. Royal Bank Of Canada restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th. Mizuho raised their price objective on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an “outperform” rating in a report on Wednesday, March 4th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, December 16th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, HA Sustainable Infrastructure Capital currently has an average rating of “Moderate Buy” and an average price target of $43.22.

Insider Buying and Selling

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $39.23, for a total value of $5,272,433.54. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.00% of the company’s stock.

HA Sustainable Infrastructure Capital Trading Down 3.0%

NYSE HASI opened at $35.65 on Friday. The stock has a market cap of $4.57 billion, a P/E ratio of 26.21, a price-to-earnings-growth ratio of 1.18 and a beta of 1.44. The stock has a 50 day simple moving average of $35.92 and a two-hundred day simple moving average of $32.69. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.98 and a fifty-two week high of $40.01. 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 (NYSE:HASI) last announced its earnings results 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 firm had revenue of $114.81 million for the quarter, compared to analyst estimates of $28.74 million. HA Sustainable Infrastructure Capital had a net margin of 46.08% and a return on equity of 12.06%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current year.

HA Sustainable Infrastructure Capital Increases Dividend

The company also recently disclosed 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 of this dividend is Thursday, April 2nd. This is an increase from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. This represents a $1.70 annualized dividend and a dividend yield of 4.8%. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 123.53%.

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.