Groupe la Francaise lifted its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 31.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 241,208 shares of the real estate investment trust’s stock after purchasing an additional 57,557 shares during the quarter. Groupe la Francaise’s holdings in HA Sustainable Infrastructure Capital were worth $9,424,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of the business. iSAM Funds UK Ltd acquired a new stake in HA Sustainable Infrastructure Capital in the third quarter worth about $27,000. Triumph Capital Management bought a new position in HA Sustainable Infrastructure Capital in the 4th quarter valued at about $29,000. Trust Co. of Vermont acquired a new position in HA Sustainable Infrastructure Capital during the 2nd quarter valued at about $70,000. Addison Advisors LLC acquired a new position in HA Sustainable Infrastructure Capital during the 2nd quarter valued at about $72,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of HA Sustainable Infrastructure Capital during the 2nd quarter worth about $76,000. 96.14% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on HASI. JPMorgan Chase & Co. upped their price target on shares of HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Bank of America reiterated a “buy” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, August 18th. UBS Group reissued a “neutral” rating and set a $44.00 target price (down from $51.00) on shares of HA Sustainable Infrastructure Capital in a report on Friday. Morgan Stanley upped their target price on HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 18th. Finally, Wells Fargo & Company increased their price target on 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. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, HA Sustainable Infrastructure Capital currently has a consensus rating of “Moderate Buy” and an average target price of $46.70.
HA Sustainable Infrastructure Capital Stock Performance
Shares of HASI stock opened at $38.38 on Monday. HA Sustainable Infrastructure Capital, Inc. has a 1-year low of $27.28 and a 1-year high of $44.13. The company has a current ratio of 8.89, a quick ratio of 8.89 and a debt-to-equity ratio of 2.23. The company has a market capitalization of $4.93 billion, a price-to-earnings ratio of 72.42, a P/E/G ratio of 1.23 and a beta of 1.43. The stock’s fifty day simple moving average is $39.22 and its 200-day simple moving average is $38.92.
HA Sustainable Infrastructure Capital (NYSE:HASI – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.02. The firm had revenue of $120.79 million for the quarter, compared to analyst estimates of $111.95 million. HA Sustainable Infrastructure Capital had a return on equity of 13.62% and a net margin of 18.61%.HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. On average, sell-side analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.76 earnings per share for the current fiscal year.
HA Sustainable Infrastructure Capital Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Friday, October 2nd will be given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, October 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is 320.75%.
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.
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