First Trust Advisors LP Purchases 77,617 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

First Trust Advisors LP increased its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 25.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 382,976 shares of the real estate investment trust’s stock after buying an additional 77,617 shares during the quarter. First Trust Advisors LP’s holdings in HA Sustainable Infrastructure Capital were worth $14,074,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HASI. Cetera Investment Advisers lifted its position in HA Sustainable Infrastructure Capital by 0.9% in the 4th quarter. Cetera Investment Advisers now owns 30,998 shares of the real estate investment trust’s stock valued at $974,000 after acquiring an additional 266 shares in the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of HA Sustainable Infrastructure Capital by 1.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 29,154 shares of the real estate investment trust’s stock worth $1,071,000 after purchasing an additional 300 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of HA Sustainable Infrastructure Capital by 14.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $85,000 after purchasing an additional 336 shares in the last quarter. Kestra Advisory Services LLC boosted its position in shares of HA Sustainable Infrastructure Capital by 1.7% during the first quarter. Kestra Advisory Services LLC now owns 19,788 shares of the real estate investment trust’s stock valued at $727,000 after buying an additional 336 shares during the last quarter. Finally, Pekin Hardy Strauss Inc. boosted its position in shares of HA Sustainable Infrastructure Capital by 5.0% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 7,310 shares of the real estate investment trust’s stock valued at $230,000 after buying an additional 345 shares during the last quarter. Institutional investors own 96.14% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on HASI. Morgan Stanley increased their price target on HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the company an “overweight” rating in a research report on Wednesday, May 27th. JPMorgan Chase & Co. upped their target price on shares of HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Royal Bank Of Canada increased their target price on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Citigroup boosted their price target on shares of HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Finally, Wells Fargo & Company upped their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, HA Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and a consensus target price of $46.90.

HA Sustainable Infrastructure Capital Price Performance

HA Sustainable Infrastructure Capital stock opened at $38.01 on Friday. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $24.38 and a 12 month high of $44.13. The company has a current ratio of 12.10, a quick ratio of 12.10 and a debt-to-equity ratio of 2.12. The business’s 50 day simple moving average is $38.80 and its 200 day simple moving average is $38.03. The company has a market cap of $4.88 billion, a price-to-earnings ratio of 108.61, a PEG ratio of 1.11 and a beta of 1.43.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. HA Sustainable Infrastructure Capital had a return on equity of 12.80% and a net margin of 13.08%.The business had revenue of $124.23 million during the quarter, compared to the consensus estimate of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Sell-side analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.71 EPS for the current year.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd were issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 485.71%.

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.