63,239 Shares in HA Sustainable Infrastructure Capital, Inc. $HASI Purchased by Ellerson Group Inc. ADV

Ellerson Group Inc. ADV acquired a new stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 63,239 shares of the real estate investment trust’s stock, valued at approximately $2,324,000. HA Sustainable Infrastructure Capital makes up approximately 1.5% of Ellerson Group Inc. ADV’s portfolio, making the stock its 26th largest holding.

A number of other hedge funds also recently bought and sold shares of the business. iSAM Funds UK Ltd purchased a new position in HA Sustainable Infrastructure Capital in the 3rd quarter worth approximately $27,000. Triumph Capital Management purchased a new stake in shares of HA Sustainable Infrastructure Capital in the fourth quarter valued at approximately $29,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of HA Sustainable Infrastructure Capital by 101.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 977 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of HA Sustainable Infrastructure Capital by 60.4% in the fourth quarter. Hantz Financial Services Inc. now owns 2,122 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 799 shares during the last quarter. Finally, Quadrant Capital Group LLC acquired a new position in HA Sustainable Infrastructure Capital during the third quarter worth $72,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on HASI. Royal Bank Of Canada boosted 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 report on Friday, May 8th. Morgan Stanley raised 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 report on Wednesday, May 27th. UBS Group boosted their target price on shares of HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the company a “buy” rating in a report on Friday, May 8th. Wells Fargo & Company increased their price target 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. Finally, JPMorgan Chase & Co. increased their price objective on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock 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 $38.53 on Wednesday. The company has a debt-to-equity ratio of 2.12, a quick ratio of 12.10 and a current ratio of 12.10. The firm has a market cap of $4.95 billion, a P/E ratio of 110.09, a P/E/G ratio of 1.12 and a beta of 1.43. The firm’s 50 day moving average price is $39.47 and its 200-day moving average price is $37.53. HA Sustainable Infrastructure Capital, Inc. has a one year low of $24.38 and a one year high of $44.13.

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 firm 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 predict that HA Sustainable Infrastructure Capital, Inc. will post 2.71 EPS for the current year.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd were paid a $0.425 dividend. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.4%. HA Sustainable Infrastructure Capital’s payout ratio is presently 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.