NFJ Investment Group LLC Has $2.41 Million Stock Holdings in HA Sustainable Infrastructure Capital, Inc. $HASI

NFJ Investment Group LLC lessened its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 18.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 76,523 shares of the real estate investment trust’s stock after selling 16,912 shares during the quarter. NFJ Investment Group LLC’s holdings in HA Sustainable Infrastructure Capital were worth $2,405,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Icon Wealth Advisors LLC acquired a new position in HA Sustainable Infrastructure Capital in the fourth quarter worth about $257,000. Brown Advisory Inc. raised its position in HA Sustainable Infrastructure Capital by 50.8% in the fourth quarter. Brown Advisory Inc. now owns 29,383 shares of the real estate investment trust’s stock worth $924,000 after purchasing an additional 9,902 shares in the last quarter. Aigen Investment Management LP acquired a new position in HA Sustainable Infrastructure Capital in the fourth quarter worth about $256,000. UMB Bank n.a. raised its position in HA Sustainable Infrastructure Capital by 1,536.3% in the fourth quarter. UMB Bank n.a. now owns 3,649 shares of the real estate investment trust’s stock worth $115,000 after purchasing an additional 3,426 shares in the last quarter. Finally, Stifel Financial Corp raised its position in HA Sustainable Infrastructure Capital by 0.9% in the fourth quarter. Stifel Financial Corp now owns 55,133 shares of the real estate investment trust’s stock worth $1,733,000 after purchasing an additional 485 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Price Performance

Shares of HA Sustainable Infrastructure Capital stock opened at $38.26 on Monday. The company has a current ratio of 12.10, a quick ratio of 12.10 and a debt-to-equity ratio of 2.12. The stock has a market capitalization of $4.91 billion, a price-to-earnings ratio of 109.31, a P/E/G ratio of 1.13 and a beta of 1.43. HA Sustainable Infrastructure Capital, Inc. has a 1-year low of $24.38 and a 1-year high of $44.13. The firm’s 50-day moving average price is $40.10 and its two-hundred day moving average price is $36.71.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.09. The firm had revenue of $124.23 million for the quarter, compared to analysts’ expectations 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. On average, equities analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.71 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Thursday, July 2nd will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 485.71%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Wells Fargo & Company increased their price target on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. JPMorgan Chase & Co. upped their price objective on shares of HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, May 13th. Morgan Stanley upped their price objective on shares of HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 27th. Finally, Mizuho upped their price objective on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 4th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $46.90.

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.