Robeco Institutional Asset Management B.V. decreased its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 13.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 395,452 shares of the real estate investment trust’s stock after selling 59,986 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.31% of HA Sustainable Infrastructure Capital worth $14,165,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in HASI. Integrated Wealth Concepts LLC bought a new position in HA Sustainable Infrastructure Capital during the second quarter valued at approximately $39,000. Versant Capital Management Inc increased its stake in HA Sustainable Infrastructure Capital by 59.2% in the 3rd quarter. Versant Capital Management Inc now owns 1,087 shares of the real estate investment trust’s stock worth $39,000 after acquiring an additional 404 shares during the last quarter. Trust Co. of Vermont bought a new stake in HA Sustainable Infrastructure Capital in the 2nd quarter worth approximately $70,000. Addison Advisors LLC purchased a new stake in shares of HA Sustainable Infrastructure Capital during the 2nd quarter worth approximately $72,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of HA Sustainable Infrastructure Capital during the 2nd quarter valued at approximately $76,000. 96.14% of the stock is owned by institutional investors.
HA Sustainable Infrastructure Capital Stock Performance
NYSE:HASI opened at $36.34 on Friday. The stock’s fifty day moving average is $37.72 and its 200 day moving average is $38.91. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $27.28 and a fifty-two week high of $44.13. The firm has a market capitalization of $4.67 billion, a PE ratio of 13.29, a PEG ratio of 1.18 and a beta of 1.42. The company has a debt-to-equity ratio of 2.23, a quick ratio of 8.89 and a current ratio of 8.89.
HA Sustainable Infrastructure Capital (NYSE:HASI – Get Free Report) 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 for the quarter, compared to analysts’ expectations 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. On average, sell-side analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.75 earnings per share for the current year.
HA Sustainable Infrastructure Capital Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Friday, October 2nd were paid a dividend of $0.4250 per share. The ex-dividend date of this dividend was Friday, October 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.7%. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 320.75%.
Wall Street Analysts Forecast Growth
HASI has been the subject of a number of recent research reports. Bank of America reissued a “buy” rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, August 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Friday, August 7th. Morgan Stanley increased their price objective on shares of HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the company an “overweight” rating in a research report on Tuesday, August 18th. Jefferies Financial Group reissued a “buy” rating and issued a $44.00 price objective on shares of HA Sustainable Infrastructure Capital in a research note on Thursday, October 1st. Finally, JPMorgan Chase & Co. reduced their target price on shares of HA Sustainable Infrastructure Capital from $51.00 to $45.00 and set an “overweight” rating on the stock in a report on Monday, October 19th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, HA Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and an average price target of $47.50.
Check Out Our Latest Analysis on HASI
About HA Sustainable Infrastructure Capital
HA Sustainable Infrastructure Capital, Inc (NYSE: HASI) is an investment firm focused on financing sustainable infrastructure and climate solutions. The company provides capital to projects and businesses involved in renewable energy, energy efficiency, sustainable real estate and other infrastructure that supports the transition to a lower-carbon economy.
Its investment activities may include lending, equity investments and other forms of project financing. HA Sustainable Infrastructure Capital typically works with developers, owners and operators of infrastructure assets, helping fund projects such as distributed solar, utility-scale renewable energy, energy-efficiency improvements and resilient infrastructure.
Founded in 1981, the company has historically operated under the name Hannon Armstrong Sustainable Infrastructure Capital, Inc and became publicly traded in 2013.
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