The Manufacturers Life Insurance Company Makes New $2.59 Million Investment in HA Sustainable Infrastructure Capital, Inc. $HASI

The Manufacturers Life Insurance Company purchased a new stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 66,271 shares of the real estate investment trust’s stock, valued at approximately $2,588,000.

Other large investors have also modified their holdings of the company. Cetera Investment Advisers boosted its position in shares of HA Sustainable Infrastructure Capital by 0.9% in the 4th quarter. Cetera Investment Advisers now owns 30,998 shares of the real estate investment trust’s stock valued at $974,000 after purchasing an additional 266 shares during the period. Oregon Public Employees Retirement Fund lifted its stake in HA Sustainable Infrastructure Capital by 1.0% during the first quarter. Oregon Public Employees Retirement Fund now owns 29,154 shares of the real estate investment trust’s stock valued at $1,071,000 after buying an additional 300 shares in the last quarter. Kestra Advisory Services LLC lifted its stake in HA Sustainable Infrastructure Capital by 1.7% during the first quarter. Kestra Advisory Services LLC now owns 19,788 shares of the real estate investment trust’s stock valued at $727,000 after buying an additional 336 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of HA Sustainable Infrastructure Capital by 14.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the real estate investment trust’s stock worth $85,000 after buying an additional 336 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of HA Sustainable Infrastructure Capital by 1.1% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 31,566 shares of the real estate investment trust’s stock worth $1,160,000 after buying an additional 353 shares during the period. 96.14% of the stock is owned by institutional investors.

HA Sustainable Infrastructure Capital Stock Up 0.8%

HASI stock opened at $39.84 on Thursday. The company has a 50 day moving average of $39.23 and a two-hundred day moving average of $38.93. The company has a market cap of $5.12 billion, a price-to-earnings ratio of 75.17, a PEG ratio of 1.28 and a beta of 1.43. HA Sustainable Infrastructure Capital, Inc. has a 12-month low of $27.28 and a 12-month high of $44.13. The company has a quick ratio of 8.89, a current ratio of 8.89 and a debt-to-equity ratio of 2.23.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 EPS for the quarter, beating the consensus estimate of $0.73 by $0.02. HA Sustainable Infrastructure Capital had a net margin of 18.61% and a return on equity of 13.62%. The business had revenue of $120.79 million for the quarter, compared to analysts’ expectations of $111.95 million. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. On average, equities analysts anticipate 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 company also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders 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 yield of 4.3%. HA Sustainable Infrastructure Capital’s payout ratio is 320.75%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on HASI shares. Royal Bank Of Canada boosted their price target on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Bank of America reaffirmed a “buy” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, August 18th. JPMorgan Chase & Co. lifted their price objective on shares of 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. Wells Fargo & Company boosted their target price on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Friday, August 7th. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, HA Sustainable Infrastructure Capital presently has an average rating of “Moderate Buy” and a consensus price target of $47.40.

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.