ProShare Advisors LLC Sells 42,206 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

ProShare Advisors LLC decreased its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 17.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 201,023 shares of the real estate investment trust’s stock after selling 42,206 shares during the period. ProShare Advisors LLC owned 0.16% of HA Sustainable Infrastructure Capital worth $6,318,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in HASI. iSAM Funds UK Ltd bought a new position in shares of HA Sustainable Infrastructure Capital during the third quarter valued at approximately $27,000. Hantz Financial Services Inc. increased its stake in shares of HA Sustainable Infrastructure Capital by 630.9% during the third quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 1,142 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of HA Sustainable Infrastructure Capital during the third quarter valued at approximately $67,000. Quadrant Capital Group LLC bought a new position in shares of HA Sustainable Infrastructure Capital during the third quarter valued at approximately $72,000. Finally, International Assets Investment Management LLC bought a new position in shares of HA Sustainable Infrastructure Capital during the fourth quarter valued at approximately $113,000. Institutional investors own 96.14% of the company’s stock.

Analyst Upgrades and Downgrades

HASI has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, May 13th. Royal Bank Of Canada raised their target price on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. The Goldman Sachs Group raised their target price on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the company a “neutral” rating in a research note on Tuesday, February 17th. TD Cowen raised their target price on shares of HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Finally, Wells Fargo & Company raised 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. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $46.60.

HA Sustainable Infrastructure Capital Price Performance

Shares of HASI opened at $40.70 on Friday. The company has a market capitalization of $5.23 billion, a P/E ratio of 116.28, a price-to-earnings-growth ratio of 1.20 and a beta of 1.47. The company has a quick ratio of 12.10, a current ratio of 12.10 and a debt-to-equity ratio of 2.12. The firm has a 50 day moving average of $39.16 and a 200 day moving average of $35.89. HA Sustainable Infrastructure Capital, Inc. has a twelve month low of $24.28 and a twelve month high of $44.13.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.09. The company had revenue of $124.23 million during the quarter, compared to the consensus estimate of $112.24 million. HA Sustainable Infrastructure Capital had a net margin of 13.08% and a return on equity of 12.80%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, equities research analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.7 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Thursday, July 2nd will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.70 annualized dividend and a dividend yield of 4.2%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 485.71%.

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.