Vanguard Group Inc. Purchases 61,189 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Vanguard Group Inc. boosted its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,050,580 shares of the real estate investment trust’s stock after acquiring an additional 61,189 shares during the quarter. Vanguard Group Inc. owned 0.11% of HA Sustainable Infrastructure Capital worth $441,610,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of HA Sustainable Infrastructure Capital by 6.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,956 shares of the real estate investment trust’s stock worth $2,046,000 after buying an additional 4,212 shares in the last quarter. United Services Automobile Association acquired a new stake in HA Sustainable Infrastructure Capital in the first quarter worth about $222,000. Jane Street Group LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 49.9% during the first quarter. Jane Street Group LLC now owns 104,926 shares of the real estate investment trust’s stock worth $3,068,000 after acquiring an additional 34,932 shares during the last quarter. Intech Investment Management LLC increased its holdings in shares of HA Sustainable Infrastructure Capital by 13.6% during the first quarter. Intech Investment Management LLC now owns 47,566 shares of the real estate investment trust’s stock valued at $1,391,000 after acquiring an additional 5,683 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of HA Sustainable Infrastructure Capital by 12.9% in the 2nd quarter. Cetera Investment Advisers now owns 27,544 shares of the real estate investment trust’s stock valued at $740,000 after purchasing an additional 3,139 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Jeffrey Eckel sold 134,398 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total value of $5,272,433.54. Following the completion of the sale, the director directly owned 9,050 shares in the company, valued at $355,031.50. This represents a 93.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.20% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Mizuho upped their price target on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the company an “outperform” rating in a research note on Wednesday, March 4th. TD Cowen raised their target price on HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Morgan Stanley boosted their price target on HA Sustainable Infrastructure Capital from $47.00 to $54.00 and gave the company an “overweight” rating in a research note on Tuesday, April 7th. Citigroup upped 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, The Goldman Sachs Group increased their price target on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a report on Tuesday, February 17th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, HA Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and an average price target of $45.00.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $42.95 on Wednesday. HA Sustainable Infrastructure Capital, Inc. has a 12-month low of $24.28 and a 12-month high of $43.03. The company has a market capitalization of $5.52 billion, a P/E ratio of 31.58, a P/E/G ratio of 1.35 and a beta of 1.47. The company has a current ratio of 9.20, a quick ratio of 9.20 and a debt-to-equity ratio of 1.94. The business’s 50 day moving average is $37.98 and its two-hundred day moving average is $34.80.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, hitting the consensus estimate of $0.67. The company had revenue of $114.81 million during the quarter, compared to analyst estimates 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. Analysts expect that HA Sustainable Infrastructure Capital, Inc. will post 2.71 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, April 2nd were given a dividend of $0.425 per share. The ex-dividend date was Thursday, April 2nd. This is a positive change from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. This represents a $1.70 annualized dividend and a dividend yield of 4.0%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 125.00%.

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.