Stock Traders Purchase High Volume of HA Sustainable Infrastructure Capital Call Options (NYSE:HASI)

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) saw unusually large options trading on Friday. Traders purchased 45,106 call options on the stock. This is an increase of 12,861% compared to the average volume of 348 call options.

Analysts Set New Price Targets

A number of analysts recently commented on HASI shares. Jefferies Financial Group raised their price target on 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. Wells Fargo & Company boosted their target price on shares of HA Sustainable Infrastructure Capital from $33.00 to $37.00 and gave the company an “overweight” rating in a report on Friday, December 19th. JPMorgan Chase & Co. increased their price target on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an “overweight” rating in a research note on Friday, September 19th. Morgan Stanley upped their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Tuesday, December 2nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, December 17th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $39.56.

Institutional Trading of HA Sustainable Infrastructure Capital

Hedge funds have recently bought and sold shares of the stock. Alliancebernstein L.P. lifted its position in HA Sustainable Infrastructure Capital by 1,015.5% in the second quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock worth $117,012,000 after buying an additional 3,965,832 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of HA Sustainable Infrastructure Capital by 1,285.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,903,532 shares of the real estate investment trust’s stock worth $58,438,000 after purchasing an additional 1,766,093 shares during the period. Norges Bank bought a new position in HA Sustainable Infrastructure Capital during the 2nd quarter valued at about $27,979,000. Marshall Wace LLP raised its position in HA Sustainable Infrastructure Capital by 450.0% in the 3rd quarter. Marshall Wace LLP now owns 914,226 shares of the real estate investment trust’s stock worth $28,067,000 after purchasing an additional 748,010 shares during the period. Finally, First Trust Advisors LP lifted its stake in HA Sustainable Infrastructure Capital by 101.8% in 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 purchasing an additional 329,754 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Price Performance

NYSE:HASI traded down $0.10 on Friday, reaching $32.91. 622,939 shares of the company’s stock traded hands, compared to its average volume of 1,232,899. The firm has a market cap of $4.16 billion, a PE ratio of 14.13, a P/E/G ratio of 1.26 and a beta of 1.48. The company has a quick ratio of 11.03, a current ratio of 11.03 and a debt-to-equity ratio of 1.93. The stock has a 50-day simple moving average of $31.78 and a 200-day simple moving average of $29.17. HA Sustainable Infrastructure Capital has a 12 month low of $21.98 and a 12 month high of $34.53.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.11. HA Sustainable Infrastructure Capital had a return on equity of 11.97% and a net margin of 79.69%.The company had revenue of ($37.39) million for the quarter, compared to the consensus estimate of $27.97 million. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. Equities research analysts forecast that HA Sustainable Infrastructure Capital will post 2.45 earnings per share for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 9th. Investors of record on Monday, December 29th will be given a dividend of $0.42 per share. The ex-dividend date is Monday, December 29th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 5.1%. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 72.10%.

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.