LaSalle St. Investment Advisors LLC Invests $1.47 Million in HA Sustainable Infrastructure Capital, Inc. $HASI

LaSalle St. Investment Advisors LLC bought a new position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the 2nd quarter, Holdings Channel.com reports. The firm bought 37,564 shares of the real estate investment trust’s stock, valued at approximately $1,467,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in HA Sustainable Infrastructure Capital in the second quarter valued at $834,012,000. Alliancebernstein L.P. grew its stake in shares of HA Sustainable Infrastructure Capital by 1,015.5% during the 2nd quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock worth $117,012,000 after purchasing an additional 3,965,832 shares during the period. Norges Bank purchased a new position in shares of HA Sustainable Infrastructure Capital in the 4th quarter valued at about $59,561,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of HA Sustainable Infrastructure Capital by 1,285.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,903,532 shares of the real estate investment trust’s stock valued at $58,438,000 after purchasing an additional 1,766,093 shares during the period. Finally, Schroder Investment Management Group lifted its stake in shares of HA Sustainable Infrastructure Capital by 140.4% in the fourth quarter. Schroder Investment Management Group now owns 2,248,200 shares of the real estate investment trust’s stock valued at $70,661,000 after purchasing an additional 1,313,105 shares during the period. Hedge funds and other institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Stock Down 3.0%

Shares of NYSE:HASI opened at $40.61 on Friday. The company has a quick ratio of 8.89, a current ratio of 8.89 and a debt-to-equity ratio of 2.23. The company has a market capitalization of $5.22 billion, a P/E ratio of 76.62, a P/E/G ratio of 1.36 and a beta of 1.43. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $27.28 and a 52-week high of $44.13. The stock’s fifty day simple moving average is $39.04 and its 200-day simple moving average is $38.68.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.02. The business had revenue of $120.79 million during the quarter, compared to analyst estimates of $111.95 million. HA Sustainable Infrastructure Capital had a net margin of 18.61% and a return on equity of 13.62%. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. As a group, equities research analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.75 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Friday, October 2nd will be paid a $0.425 dividend. The ex-dividend date is Friday, October 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.2%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 320.75%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Bank of America reissued a “buy” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday. Morgan Stanley lifted their price objective on HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an “overweight” rating in a report on Tuesday. JPMorgan Chase & Co. boosted their target price on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Royal Bank Of Canada boosted their target price on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Finally, UBS Group upped their target price on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the company a “buy” rating in a report on Friday, August 7th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, HA Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and a consensus price target of $47.40.

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.