Severin Investments LLC Takes Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Severin Investments LLC acquired a new position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 15,019 shares of the real estate investment trust’s stock, valued at approximately $552,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HASI. Alliancebernstein L.P. raised its stake in shares of HA Sustainable Infrastructure Capital by 1,015.5% in the 2nd quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock valued at $117,012,000 after purchasing an additional 3,965,832 shares during the period. Norges Bank bought a new position in shares of HA Sustainable Infrastructure Capital during the fourth quarter worth about $59,561,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in HA Sustainable Infrastructure Capital by 1,285.0% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,903,532 shares of the real estate investment trust’s stock valued at $58,438,000 after buying an additional 1,766,093 shares during the last quarter. Schroder Investment Management Group lifted its stake in HA Sustainable Infrastructure Capital by 140.4% in the 4th quarter. Schroder Investment Management Group now owns 2,248,200 shares of the real estate investment trust’s stock valued at $70,661,000 after acquiring an additional 1,313,105 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its stake in HA Sustainable Infrastructure Capital by 24.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust’s stock valued at $207,578,000 after acquiring an additional 1,282,466 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on HASI. Citigroup raised their price target on shares of HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Mizuho boosted their price objective on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 4th. Wells Fargo & Company increased their target price on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. JPMorgan Chase & Co. raised their target price on shares of HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, May 13th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, HA Sustainable Infrastructure Capital currently has an average rating of “Moderate Buy” and a consensus price target of $46.90.

HA Sustainable Infrastructure Capital Stock Performance

Shares of NYSE HASI opened at $39.09 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 stock has a 50 day moving average price of $40.15 and a 200 day moving average price of $37.16. The stock has a market capitalization of $5.02 billion, a PE ratio of 111.67, a price-to-earnings-growth ratio of 1.15 and a beta of 1.43. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $24.38 and a 52 week high of $44.13.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.09. The firm had revenue of $124.23 million for the quarter, compared to analyst estimates 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 fiscal 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. This represents a $1.70 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend 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.