Intech Investment Management LLC Buys 75,571 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Intech Investment Management LLC raised its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 117.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 139,820 shares of the real estate investment trust’s stock after acquiring an additional 75,571 shares during the period. Intech Investment Management LLC’s holdings in HA Sustainable Infrastructure Capital were worth $4,292,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Alliancebernstein L.P. raised its position in HA Sustainable Infrastructure Capital by 1,015.5% in the 2nd quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock valued at $117,012,000 after buying an additional 3,965,832 shares during the last quarter. Norges Bank bought a new position in shares of HA Sustainable Infrastructure Capital during the 2nd quarter valued at approximately $27,979,000. First Trust Advisors LP increased its position 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 buying an additional 329,754 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its stake in HA Sustainable Infrastructure Capital by 306.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 433,551 shares of the real estate investment trust’s stock valued at $13,310,000 after acquiring an additional 326,810 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of HA Sustainable Infrastructure Capital by 18.6% in the third 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 institutional investors.

Insider Buying and Selling at HA Sustainable Infrastructure Capital

In other news, Director Jeffrey Eckel sold 134,398 shares of the company’s stock in a transaction 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 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 legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.00% of the company’s stock.

HA Sustainable Infrastructure Capital Stock Down 0.9%

HA Sustainable Infrastructure Capital stock opened at $36.52 on Monday. The stock has a market cap of $4.68 billion, a P/E ratio of 26.85, a P/E/G ratio of 1.26 and a beta of 1.44. 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 twelve month low of $21.98 and a twelve month high of $40.01. The company’s 50-day moving average price is $34.80 and its two-hundred day moving average price is $31.89.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, meeting 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 business had revenue of $114.81 million during 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. As a group, analysts expect 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 paid a dividend of $0.425 per share. This is a boost from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. The ex-dividend date is Thursday, April 2nd. This represents a $1.70 dividend on an annualized basis and a yield of 4.7%. HA Sustainable Infrastructure Capital’s dividend payout ratio is 123.53%.

Analyst Ratings Changes

HASI has been the subject of a number of analyst reports. Morgan Stanley raised their price objective on shares of 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. TD Cowen boosted their target price on HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Royal Bank Of Canada restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th. The Goldman Sachs Group lifted their target price on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 17th. Finally, UBS Group upped their price target on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $43.00.

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.