Swedbank AB Cuts Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Swedbank AB decreased its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 33.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,091,528 shares of the real estate investment trust’s stock after selling 543,544 shares during the quarter. Swedbank AB’s holdings in HA Sustainable Infrastructure Capital were worth $40,114,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of HA Sustainable Infrastructure Capital by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 14,050,580 shares of the real estate investment trust’s stock valued at $441,610,000 after purchasing an additional 61,189 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its position in shares of HA Sustainable Infrastructure Capital by 24.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust’s stock worth $207,578,000 after purchasing an additional 1,282,466 shares during the last quarter. State Street Corp lifted its position in shares of HA Sustainable Infrastructure Capital by 2.0% during the 4th quarter. State Street Corp now owns 5,417,644 shares of the real estate investment trust’s stock worth $172,499,000 after purchasing an additional 108,376 shares during the last quarter. Alliancebernstein L.P. grew its stake in shares of HA Sustainable Infrastructure Capital by 1.2% during the third quarter. Alliancebernstein L.P. now owns 4,406,564 shares of the real estate investment trust’s stock worth $135,282,000 after purchasing an additional 50,212 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 2,944,810 shares of the real estate investment trust’s stock worth $92,572,000 after purchasing an additional 54,898 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on HASI. Citigroup raised their price target on HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Morgan Stanley upped their price objective on HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 27th. UBS Group boosted their target price on HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada increased their price target 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. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, HA Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.90.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $37.42 on Thursday. The stock’s 50-day moving average is $39.76 and its two-hundred day moving average is $37.39. The firm has a market cap of $4.81 billion, a price-to-earnings ratio of 106.91, a PEG ratio of 1.11 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 company has a debt-to-equity ratio of 2.12, a quick ratio of 12.10 and a current ratio of 12.10.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its 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 business had revenue of $124.23 million during the quarter, compared to the consensus estimate of $112.24 million. HA Sustainable Infrastructure Capital had a return on equity of 12.80% and a net margin of 13.08%.HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.71 earnings per share for the current year.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders 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 yield of 4.5%. HA Sustainable Infrastructure Capital’s payout ratio is 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.