Ruffer LLP Takes Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Ruffer LLP acquired a new stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) during the 4th quarter, Holdings Channel.com reports. The fund acquired 91,948 shares of the real estate investment trust’s stock, valued at approximately $2,894,000.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of HA Sustainable Infrastructure Capital by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 13,989,391 shares of the real estate investment trust’s stock valued at $429,474,000 after acquiring an additional 198,441 shares during the last quarter. State Street Corp boosted its holdings in shares of HA Sustainable Infrastructure Capital by 1.8% in the 2nd quarter. State Street Corp now owns 5,236,202 shares of the real estate investment trust’s stock valued at $140,644,000 after acquiring an additional 91,359 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in shares of HA Sustainable Infrastructure Capital by 1.2% in the 3rd quarter. Alliancebernstein L.P. now owns 4,406,564 shares of the real estate investment trust’s stock valued at $135,282,000 after acquiring an additional 50,212 shares during the last quarter. Amundi lifted its stake in shares of HA Sustainable Infrastructure Capital by 10.7% in the 3rd quarter. Amundi now owns 2,663,456 shares of the real estate investment trust’s stock valued at $81,771,000 after purchasing an additional 256,939 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of 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 valued at $63,263,000 after purchasing an additional 323,361 shares during the period. 96.14% of the stock is owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Stock Performance

NYSE:HASI opened at $41.03 on Thursday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 9.20 and a current ratio of 9.20. The company has a fifty day moving average of $37.48 and a two-hundred day moving average of $34.21. The stock has a market capitalization of $5.27 billion, a PE ratio of 30.17, a P/E/G ratio of 1.30 and a beta of 1.41. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $24.19 and a fifty-two week high of $41.73.

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, hitting analysts’ consensus estimates of $0.67. The company had revenue of $114.81 million during the quarter, compared to analysts’ expectations of $28.74 million. HA Sustainable Infrastructure Capital had a net margin of 46.08% and a return on equity of 12.06%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, research analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.71 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd were given a dividend of $0.425 per share. 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 4.1%. The ex-dividend date was Thursday, April 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 125.00%.

Analysts Set New Price Targets

Several research firms recently issued reports on HASI. Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday, December 29th. The Goldman Sachs Group boosted their target price 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. Citigroup boosted their target price on shares of HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday. TD Cowen boosted their target price on shares of HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Finally, Mizuho boosted their target price on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the company an “outperform” rating in a research note on Wednesday, March 4th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $45.00.

Insiders Place Their Bets

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total transaction of $5,272,433.54. Following the completion of the transaction, the director directly owned 9,050 shares in the company, valued at approximately $355,031.50. This represents a 93.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.00% 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.