NFJ Investment Group LLC Invests $2.65 Million in HA Sustainable Infrastructure Capital, Inc. $HASI

NFJ Investment Group LLC bought a new stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 67,754 shares of the real estate investment trust’s stock, valued at approximately $2,646,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Raiffeisen Bank International AG boosted its holdings in shares of HA Sustainable Infrastructure Capital by 24.7% in the 4th quarter. Raiffeisen Bank International AG now owns 311,710 shares of the real estate investment trust’s stock worth $9,965,000 after buying an additional 61,710 shares during the last quarter. California State Teachers Retirement System increased its holdings in HA Sustainable Infrastructure Capital by 24.5% during the first quarter. California State Teachers Retirement System now owns 146,396 shares of the real estate investment trust’s stock worth $5,380,000 after buying an additional 28,834 shares during the last quarter. Norges Bank purchased a new stake in HA Sustainable Infrastructure Capital during the fourth quarter worth about $59,561,000. Rock Point Advisors LLC bought a new stake in HA Sustainable Infrastructure Capital in the fourth quarter worth about $2,199,000. Finally, SFE Investment Counsel bought a new stake in HA Sustainable Infrastructure Capital in the second quarter worth about $6,043,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Price Performance

NYSE HASI opened at $39.51 on Friday. The company has a market cap of $5.08 billion, a PE ratio of 74.55, a price-to-earnings-growth ratio of 1.31 and a beta of 1.43. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $27.28 and a 52 week high of $44.13. The company has a quick ratio of 8.89, a current ratio of 8.89 and a debt-to-equity ratio of 2.23. The firm’s 50-day simple moving average is $39.06 and its two-hundred day simple moving average is $38.69.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.02. The firm had revenue of $120.79 million during the quarter, compared to analyst estimates of $111.95 million. HA Sustainable Infrastructure Capital had a net margin of 18.61% and a return on equity of 13.62%. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. Research analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.75 earnings per share for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Friday, October 2nd will be issued a $0.425 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.70 annualized dividend and a yield of 4.3%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 320.75%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on HASI shares. JPMorgan Chase & Co. boosted their target price on shares of HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Bank of America reaffirmed a “buy” rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Friday, August 7th. Morgan Stanley increased their price objective on HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Wells Fargo & Company raised their target price on 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. Eleven research 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 stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.40.

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.