Citigroup Inc. Has $45.81 Million Stock Holdings in HA Sustainable Infrastructure Capital, Inc. $HASI

Citigroup Inc. decreased its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 16.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,492,157 shares of the real estate investment trust’s stock after selling 285,394 shares during the period. Citigroup Inc. owned about 1.20% of HA Sustainable Infrastructure Capital worth $45,809,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Salomon & Ludwin LLC bought a new stake in shares of HA Sustainable Infrastructure Capital during the third quarter valued at approximately $27,000. Hantz Financial Services Inc. raised its stake in shares of HA Sustainable Infrastructure Capital by 630.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 1,142 shares in the last quarter. CWM LLC lifted its holdings in shares of HA Sustainable Infrastructure Capital by 12.4% during the 2nd quarter. CWM LLC now owns 4,552 shares of the real estate investment trust’s stock worth $122,000 after acquiring an additional 501 shares during the period. GAMMA Investing LLC boosted its position in shares of HA Sustainable Infrastructure Capital by 12.5% during the 3rd quarter. GAMMA Investing LLC now owns 5,928 shares of the real estate investment trust’s stock valued at $182,000 after acquiring an additional 657 shares in the last quarter. Finally, Peddock Capital Advisors LLC bought a new stake in HA Sustainable Infrastructure Capital in the third quarter valued at about $201,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Royal Bank Of Canada restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, December 17th. 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. Oppenheimer reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, December 16th. Wells Fargo & Company lifted their price objective on HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. Finally, The Goldman Sachs Group upped their target price on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a report on Tuesday, February 17th. Nine research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.00.

HA Sustainable Infrastructure Capital Stock Performance

Shares of NYSE:HASI opened at $36.99 on Wednesday. The business has a fifty day moving average of $34.56 and a 200-day moving average of $31.66. 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 twelve month low of $21.98 and a twelve month high of $40.01. The firm has a market cap of $4.74 billion, a PE ratio of 27.20, a price-to-earnings-growth ratio of 1.30 and a beta of 1.45.

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 the consensus estimate of $0.67. HA Sustainable Infrastructure Capital had a net margin of 46.08% and a return on equity of 12.06%. The firm had revenue of $114.81 million during the quarter, compared to analysts’ expectations of $28.74 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, equities research analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

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

Insider Buying and Selling at HA Sustainable Infrastructure Capital

In other news, Director Jeffrey Eckel sold 134,398 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $39.23, for a total transaction of $5,272,433.54. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.00% of the stock is currently owned by insiders.

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.