Border to Coast Pensions Partnership Ltd Boosts Stock Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Border to Coast Pensions Partnership Ltd increased its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 10.5% during the 1st quarter, HoldingsChannel reports. The firm owned 475,000 shares of the real estate investment trust’s stock after buying an additional 45,000 shares during the period. Border to Coast Pensions Partnership Ltd’s holdings in HA Sustainable Infrastructure Capital were worth $17,510,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of HASI. Raiffeisen Bank International AG raised its position in shares of HA Sustainable Infrastructure Capital by 24.7% during the 4th quarter. Raiffeisen Bank International AG now owns 311,710 shares of the real estate investment trust’s stock valued at $9,965,000 after buying an additional 61,710 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of HA Sustainable Infrastructure Capital by 18.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,060,698 shares of the real estate investment trust’s stock valued at $63,263,000 after acquiring an additional 323,361 shares during the last quarter. Maven Securities LTD grew its position in HA Sustainable Infrastructure Capital by 811.1% in the third quarter. Maven Securities LTD now owns 91,107 shares of the real estate investment trust’s stock worth $2,797,000 after acquiring an additional 81,107 shares in the last quarter. Intech Investment Management LLC grew its position in HA Sustainable Infrastructure Capital by 117.6% in the third quarter. Intech Investment Management LLC now owns 139,820 shares of the real estate investment trust’s stock worth $4,292,000 after acquiring an additional 75,571 shares in the last quarter. Finally, Norges Bank bought a new stake in HA Sustainable Infrastructure Capital during the fourth quarter worth approximately $59,561,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on HASI shares. Morgan Stanley upped their price objective on HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the company an “overweight” rating in a research report on Wednesday, May 27th. Royal Bank Of Canada boosted their target price on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. UBS Group increased their price target on HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the company a “buy” rating in a report on Friday, May 8th. Citigroup raised their price target on HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Finally, Wells Fargo & Company lifted their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $46.90.

HA Sustainable Infrastructure Capital Trading Up 1.0%

Shares of HASI opened at $39.58 on Friday. The company has a 50-day moving average of $40.20 and a 200 day moving average of $37.05. The company has a debt-to-equity ratio of 2.12, a current ratio of 12.10 and a quick ratio of 12.10. HA Sustainable Infrastructure Capital, Inc. has a 1-year low of $24.38 and a 1-year high of $44.13. The firm has a market capitalization of $5.08 billion, a price-to-earnings ratio of 113.09, a PEG ratio of 1.17 and a beta of 1.43.

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 (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.09. HA Sustainable Infrastructure Capital had a net margin of 13.08% and a return on equity of 12.80%. The company had revenue of $124.23 million for the quarter, compared to analyst estimates of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, research analysts expect that HA Sustainable Infrastructure Capital, Inc. will post 2.71 EPS for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Thursday, July 2nd will be issued a $0.425 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.3%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 485.71%.

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.