CIBC Private Wealth Group LLC Has $10.30 Million Holdings in HA Sustainable Infrastructure Capital, Inc. $HASI

CIBC Private Wealth Group LLC grew its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 84.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 335,471 shares of the real estate investment trust’s stock after purchasing an additional 153,575 shares during the period. CIBC Private Wealth Group LLC owned approximately 0.27% of HA Sustainable Infrastructure Capital worth $10,299,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Salomon & Ludwin LLC purchased a new position in shares of HA Sustainable Infrastructure Capital during the third quarter valued at $27,000. iSAM Funds UK Ltd purchased a new stake in HA Sustainable Infrastructure Capital in the 3rd quarter worth about $27,000. Hantz Financial Services Inc. boosted its position in HA Sustainable Infrastructure Capital by 630.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 1,142 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in HA Sustainable Infrastructure Capital during the 3rd quarter worth about $67,000. Finally, Quadrant Capital Group LLC purchased a new position in HA Sustainable Infrastructure Capital during the 3rd quarter valued at about $72,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on HASI shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, December 17th. Morgan Stanley boosted their price objective on shares of 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. Wells Fargo & Company upped their price objective on shares of HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday, December 29th. Finally, The Goldman Sachs Group lifted their target price on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the company a “neutral” rating in a research note on Tuesday, February 17th. 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, HA Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and a consensus target price of $43.22.

HA Sustainable Infrastructure Capital Trading Down 3.0%

Shares of HASI opened at $35.65 on Friday. The stock’s fifty day simple moving average is $35.92 and its 200-day simple moving average is $32.69. The firm has a market capitalization of $4.57 billion, a PE ratio of 26.21, a price-to-earnings-growth ratio of 1.18 and a beta of 1.44. HA Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.98 and a 12-month high of $40.01. The company has a quick ratio of 9.20, a current ratio of 9.20 and a debt-to-equity ratio of 1.94.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, hitting analysts’ consensus estimates of $0.67. HA Sustainable Infrastructure Capital had a return on equity of 12.06% and a net margin of 46.08%.The firm had revenue of $114.81 million during the quarter, compared to analyst estimates of $28.74 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, research 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 firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Thursday, April 2nd. This is a positive change from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 123.53%.

Insider Activity at HA Sustainable Infrastructure Capital

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 filing with the SEC, which can be accessed through the SEC website. Insiders own 2.00% of the company’s stock.

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.