HA Sustainable Infrastructure Capital (NYSE:HASI) Director Jeffrey Eckel Sells 134,398 Shares of Stock

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Director Jeffrey Eckel sold 134,398 shares of HA Sustainable Infrastructure Capital stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total value of $5,272,433.54. Following the sale, the director directly owned 9,050 shares of the company’s stock, valued at approximately $355,031.50. The trade was a 93.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $39.20 on Wednesday. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.98 and a fifty-two week high of $40.01. The stock’s 50-day moving average is $34.11 and its two-hundred day moving average is $31.24. The company has a debt-to-equity ratio of 1.94, a current ratio of 9.20 and a quick ratio of 11.03. The firm has a market cap of $4.96 billion, a P/E ratio of 28.82, a PEG ratio of 1.37 and a beta of 1.45.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. The business had revenue of $198.28 million during the quarter, compared to analysts’ expectations 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. Analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The firm 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. This is a boost from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. This represents a $1.70 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Thursday, April 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 123.53%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on HASI shares. Oppenheimer reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, December 16th. Weiss Ratings restated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a report on Monday, December 29th. Morgan Stanley upped their target price on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. Royal Bank Of Canada reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, December 17th. Finally, Jefferies Financial Group boosted their price objective 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. Nine research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $42.13.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC boosted its holdings in HA Sustainable Infrastructure Capital by 65.2% in the 4th quarter. AQR Capital Management LLC now owns 70,779 shares of the real estate investment trust’s stock valued at $2,225,000 after purchasing an additional 27,940 shares during the period. Abel Hall LLC raised its position in shares of HA Sustainable Infrastructure Capital by 8.7% during the fourth quarter. Abel Hall LLC now owns 18,559 shares of the real estate investment trust’s stock valued at $583,000 after buying an additional 1,492 shares during the last quarter. EFG International AG bought a new stake in shares of HA Sustainable Infrastructure Capital in the fourth quarter valued at about $271,000. Cetera Investment Advisers grew its position in HA Sustainable Infrastructure Capital by 0.9% during the fourth quarter. Cetera Investment Advisers now owns 30,998 shares of the real estate investment trust’s stock worth $974,000 after buying an additional 266 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in HA Sustainable Infrastructure Capital by 7.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 129,029 shares of the real estate investment trust’s stock valued at $4,056,000 after acquiring an additional 9,063 shares during the period. Institutional investors own 96.14% of the company’s stock.

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.