Neo Ivy Capital Management increased its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 5,414.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,220 shares of the real estate investment trust’s stock after purchasing an additional 14,944 shares during the period. Neo Ivy Capital Management’s holdings in HA Sustainable Infrastructure Capital were worth $467,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of HASI. Swedbank AB grew its stake in HA Sustainable Infrastructure Capital by 4.8% in the 3rd quarter. Swedbank AB now owns 1,635,072 shares of the real estate investment trust’s stock worth $50,197,000 after buying an additional 75,504 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of HA Sustainable Infrastructure Capital by 4,646.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 42,007 shares of the real estate investment trust’s stock valued at $1,290,000 after buying an additional 41,122 shares in the last quarter. ABN AMRO Bank N.V. purchased a new stake in shares of HA Sustainable Infrastructure Capital during the 2nd quarter valued at $6,297,000. Baird Financial Group Inc. lifted its holdings in shares of HA Sustainable Infrastructure Capital by 7.6% during the 2nd quarter. Baird Financial Group Inc. now owns 533,666 shares of the real estate investment trust’s stock worth $14,334,000 after acquiring an additional 37,678 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in shares of HA Sustainable Infrastructure Capital by 306.2% during the 3rd 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 acquiring an additional 326,810 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Oppenheimer reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th. Royal Bank Of Canada reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, December 17th. Morgan Stanley increased their price objective on 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. UBS Group boosted their target price on HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Finally, Mizuho upped their target price on HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 4th. Ten 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, the company presently has a consensus rating of “Moderate Buy” and an average target price of $43.22.
HA Sustainable Infrastructure Capital Stock Performance
NYSE HASI opened at $35.89 on Monday. The company has a 50-day simple moving average of $35.14 and a two-hundred day simple moving average of $32.20. 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, Inc. has a 12-month low of $21.98 and a 12-month high of $40.01. The firm has a market cap of $4.60 billion, a price-to-earnings ratio of 26.39, a PEG ratio of 1.24 and a beta of 1.44.
HA Sustainable Infrastructure Capital (NYSE:HASI – Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, hitting 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 firm 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, equities analysts forecast 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. Shareholders of record on Thursday, April 2nd will be given a $0.425 dividend. The ex-dividend date is Thursday, April 2nd. This is an increase from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. This represents a $1.70 annualized dividend and a yield of 4.7%. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 123.53%.
Insiders Place Their Bets
In other news, Director Jeffrey Eckel sold 134,398 shares of the stock in a transaction that occurred 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 completion of the sale, 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 document filed with the SEC, which can be accessed through this hyperlink. 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.
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