Geode Capital Management LLC Grows Stake in HA Sustainable Infrastructure Capital, Inc. $HASI

Geode Capital Management LLC boosted its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 1.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,944,810 shares of the real estate investment trust’s stock after purchasing an additional 54,898 shares during the quarter. Geode Capital Management LLC owned about 2.33% of HA Sustainable Infrastructure Capital worth $92,572,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. iSAM Funds UK Ltd purchased a new position in HA Sustainable Infrastructure Capital during the 3rd quarter worth $27,000. Hantz Financial Services Inc. increased its holdings 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 worth $41,000 after purchasing an additional 1,142 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in HA Sustainable Infrastructure Capital during the 3rd quarter valued at $67,000. Quadrant Capital Group LLC bought a new stake in HA Sustainable Infrastructure Capital during the 3rd quarter valued at $72,000. Finally, International Assets Investment Management LLC bought a new stake in HA Sustainable Infrastructure Capital during the 4th quarter valued at $113,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI opened at $38.67 on Friday. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $24.38 and a 12 month high of $44.13. The stock has a fifty day moving average price of $40.03 and a 200-day moving average price of $36.52. 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 firm has a market cap of $4.97 billion, a PE ratio of 110.49, a P/E/G ratio of 1.15 and a beta of 1.43.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.77 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $124.23 million during the quarter, compared to analyst estimates of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Equities research analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.7 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd will be issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 485.71%.

Analyst Ratings Changes

Several analysts have issued reports on the company. Royal Bank Of Canada increased their target price on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Morgan Stanley increased their target price 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. UBS Group increased their target price on HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Citigroup increased their target price on HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Finally, JPMorgan Chase & Co. increased their target price on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Ten equities research 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, HA Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.90.

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.