Van ECK Associates Corp increased its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 31.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 254,241 shares of the real estate investment trust’s stock after purchasing an additional 60,719 shares during the period. Van ECK Associates Corp’s holdings in HA Sustainable Infrastructure Capital were worth $9,928,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new position in HA Sustainable Infrastructure Capital in the 2nd quarter valued at $834,012,000. Vanguard Group Inc. lifted its stake in shares of HA Sustainable Infrastructure Capital by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 14,050,580 shares of the real estate investment trust’s stock valued at $441,610,000 after acquiring an additional 61,189 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in HA Sustainable Infrastructure Capital by 24.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust’s stock valued at $207,578,000 after acquiring an additional 1,282,466 shares during the last quarter. State Street Corp boosted its holdings in HA Sustainable Infrastructure Capital by 2.0% in the fourth quarter. State Street Corp now owns 5,417,644 shares of the real estate investment trust’s stock valued at $172,499,000 after acquiring an additional 108,376 shares during the last quarter. Finally, Alliancebernstein L.P. increased its position in HA Sustainable Infrastructure Capital by 1,015.5% in the second 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. Institutional investors and hedge funds own 96.14% of the company’s stock.
Analyst Ratings Changes
Several analysts have weighed in on the company. Royal Bank Of Canada boosted their price objective on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Morgan Stanley raised their target price on shares of HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the company an “overweight” rating in a research note on Tuesday, August 18th. Weiss Ratings reissued a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Friday, August 7th. Wells Fargo & Company increased their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Finally, UBS Group raised their price objective on shares of HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $47.40.
HA Sustainable Infrastructure Capital Trading Up 0.1%
NYSE HASI opened at $39.57 on Wednesday. The stock has a 50-day simple moving average of $39.21 and a 200 day simple moving average of $38.90. The company has a market capitalization of $5.08 billion, a PE ratio of 74.66, a P/E/G ratio of 1.28 and a beta of 1.43. The company has a current ratio of 8.89, a quick ratio of 8.89 and a debt-to-equity ratio of 2.23. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $27.28 and a 12 month high of $44.13.
HA Sustainable Infrastructure Capital (NYSE:HASI – Get Free Report) last released its earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.02. HA Sustainable Infrastructure Capital had a return on equity of 13.62% and a net margin of 18.61%.The firm had revenue of $120.79 million for the quarter, compared to analyst estimates of $111.95 million. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. Research analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.75 EPS for the current year.
HA Sustainable Infrastructure Capital Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Friday, October 2nd will be given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Friday, October 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 320.75%.
HA Sustainable Infrastructure Capital 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.
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