DNB Asset Management AS Has $947,000 Holdings in HA Sustainable Infrastructure Capital, Inc. $HASI

DNB Asset Management AS cut its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 6.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,241 shares of the real estate investment trust’s stock after selling 2,285 shares during the period. DNB Asset Management AS’s holdings in HA Sustainable Infrastructure Capital were worth $947,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Zions Bancorporation National Association UT bought a new stake in HA Sustainable Infrastructure Capital in the 1st quarter valued at $29,000. Legend Financial Advisors Inc. bought a new position in shares of HA Sustainable Infrastructure Capital during the 2nd quarter worth about $27,000. Cheviot Value Management LLC acquired a new stake in shares of HA Sustainable Infrastructure Capital during the 1st quarter valued at about $70,000. Smartleaf Asset Management LLC increased its stake in HA Sustainable Infrastructure Capital by 94.9% in the first quarter. Smartleaf Asset Management LLC now owns 2,690 shares of the real estate investment trust’s stock valued at $79,000 after acquiring an additional 1,310 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in HA Sustainable Infrastructure Capital in the first quarter worth about $79,000. 96.14% of the stock is owned by institutional investors.

HA Sustainable Infrastructure Capital Price Performance

HA Sustainable Infrastructure Capital stock opened at $33.57 on Wednesday. The business’s fifty day moving average is $30.39 and its two-hundred day moving average is $28.13. The company has a debt-to-equity ratio of 1.82, a quick ratio of 10.81 and a current ratio of 10.81. The firm has a market cap of $4.25 billion, a P/E ratio of 21.66, a P/E/G ratio of 1.05 and a beta of 1.63. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.98 and a 52 week high of $34.28.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11. HA Sustainable Infrastructure Capital had a return on equity of 10.85% and a net margin of 56.17%.The business had revenue of ($37.39) million during the quarter, compared to analysts’ expectations of $27.97 million. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. Equities research analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 9th. Stockholders of record on Monday, December 29th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Monday, December 29th. HA Sustainable Infrastructure Capital’s dividend payout ratio is 72.10%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on HASI. Morgan Stanley lifted their price objective on HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the company an “overweight” rating in a report on Tuesday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday. Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. The Goldman Sachs Group lifted their price objective on HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. upped their target price on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an “overweight” rating in a report on Friday, September 19th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $38.78.

HA Sustainable Infrastructure Capital Company Profile

HA Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company’s portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.