HA Sustainable Infrastructure Capital, Inc. $HASI Stake Lifted by EDENTREE ASSET MANAGEMENT Ltd

EDENTREE ASSET MANAGEMENT Ltd raised its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 586.6% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 217,380 shares of the real estate investment trust’s stock after buying an additional 185,718 shares during the quarter. HA Sustainable Infrastructure Capital makes up about 1.6% of EDENTREE ASSET MANAGEMENT Ltd’s investment portfolio, making the stock its 22nd largest holding. EDENTREE ASSET MANAGEMENT Ltd owned about 0.17% of HA Sustainable Infrastructure Capital worth $6,674,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Alliancebernstein L.P. lifted its position in HA Sustainable Infrastructure Capital by 1,015.5% in the 2nd quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock valued at $117,012,000 after purchasing an additional 3,965,832 shares during the last quarter. Norges Bank bought a new stake in shares of HA Sustainable Infrastructure Capital during the second quarter valued at approximately $27,979,000. First Trust Advisors LP boosted its position in shares of HA Sustainable Infrastructure Capital by 101.8% during the second quarter. First Trust Advisors LP now owns 653,598 shares of the real estate investment trust’s stock worth $17,556,000 after buying an additional 329,754 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in shares of HA Sustainable Infrastructure Capital by 306.2% during the third quarter. Robeco Institutional Asset Management B.V. now owns 433,551 shares of the real estate investment trust’s stock worth $13,310,000 after buying an additional 326,810 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in HA Sustainable Infrastructure Capital by 18.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,060,698 shares of the real estate investment trust’s stock worth $63,263,000 after buying an additional 323,361 shares in the last quarter. Institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Price Performance

NYSE HASI opened at $37.26 on Friday. The company has a market cap of $4.78 billion, a P/E ratio of 27.39, a P/E/G ratio of 1.29 and a beta of 1.45. The company has a current ratio of 9.20, a quick ratio of 11.03 and a debt-to-equity ratio of 1.94. HA Sustainable Infrastructure Capital, Inc. has a 1 year low of $21.98 and a 1 year high of $40.01. The company has a fifty day simple moving average of $34.38 and a 200 day simple moving average of $31.44.

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

HA Sustainable Infrastructure Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 2nd will be given a dividend of $0.425 per share. This is an increase from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Thursday, April 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 123.53%.

Insider Transactions at HA Sustainable Infrastructure Capital

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the director owned 9,050 shares of the company’s stock, valued at $355,031.50. This represents a 93.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.00% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on HASI shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday, December 29th. Wells Fargo & Company boosted their price objective on HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the stock an “overweight” rating in a research note on Wednesday. Royal Bank Of Canada reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th. The Goldman Sachs Group upped their price objective 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. Finally, TD Cowen raised their target price on HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Nine research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, HA Sustainable Infrastructure Capital has an average rating of “Moderate Buy” and a consensus price target of $43.00.

HA Sustainable Infrastructure Capital 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.