HA Sustainable Infrastructure Capital (NYSE:HASI) Director Sells $5,272,433.54 in Stock

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Director Jeffrey Eckel sold 134,398 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $39.23, for a total value 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

HA Sustainable Infrastructure Capital Trading Down 1.3%

HA Sustainable Infrastructure Capital stock traded down $0.50 during trading hours on Tuesday, reaching $39.20. 2,013,553 shares of the company’s stock traded hands, compared to its average volume of 1,089,879. The company has a debt-to-equity ratio of 1.94, a quick ratio of 11.03 and a current ratio of 9.20. The firm has a market capitalization of $4.96 billion, a price-to-earnings ratio of 28.82, a PEG ratio of 1.37 and a beta of 1.45. The firm’s 50 day moving average is $33.98 and its 200-day moving average is $31.14. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.98 and a fifty-two week high of $40.01.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.67. The business had revenue of $198.28 million for the quarter, compared to the consensus estimate 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. On average, analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current year.

HA Sustainable Infrastructure Capital Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd will be paid a $0.425 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.70 annualized dividend and a dividend yield of 4.3%. This is a positive change from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 125.00%.

Institutional Trading of HA Sustainable Infrastructure Capital

Hedge funds and other institutional investors have recently made changes to their positions in the company. iSAM Funds UK Ltd acquired a new position in HA Sustainable Infrastructure Capital during the 3rd quarter worth about $27,000. Salomon & Ludwin LLC bought a new stake in HA Sustainable Infrastructure Capital in the third quarter valued at approximately $27,000. Triumph Capital Management acquired a new stake in HA Sustainable Infrastructure Capital during the 4th quarter valued at approximately $29,000. Hantz Financial Services Inc. increased its position in HA Sustainable Infrastructure Capital by 630.9% during 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 purchasing an additional 1,142 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of HA Sustainable Infrastructure Capital by 101.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 977 shares during the period. 96.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on HASI shares. UBS Group increased their price target on shares of HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, November 10th. TD Cowen raised 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. Royal Bank Of Canada reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, December 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday, December 29th. Finally, Wells Fargo & Company lifted their target price on HA Sustainable Infrastructure Capital from $33.00 to $37.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $42.13.

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.