Intech Investment Management LLC Sells 57,728 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Intech Investment Management LLC decreased its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 41.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 82,092 shares of the real estate investment trust’s stock after selling 57,728 shares during the quarter. Intech Investment Management LLC’s holdings in HA Sustainable Infrastructure Capital were worth $2,580,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. iSAM Funds UK Ltd acquired a new position in HA Sustainable Infrastructure Capital during the third quarter valued at approximately $27,000. Hantz Financial Services Inc. boosted its position in HA Sustainable Infrastructure Capital by 630.9% during the third quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 1,142 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in HA Sustainable Infrastructure Capital during the third quarter valued at approximately $67,000. Quadrant Capital Group LLC acquired a new position in HA Sustainable Infrastructure Capital during the third quarter valued at approximately $72,000. Finally, International Assets Investment Management LLC acquired a new position in HA Sustainable Infrastructure Capital during the fourth quarter valued at approximately $113,000. Institutional investors own 96.14% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, May 13th. Wells Fargo & Company upped their price target on shares of 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. TD Cowen upped their price target on shares of HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. The Goldman Sachs Group upped their price target on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Finally, Citigroup upped 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 report on Tuesday, April 21st. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $46.90.

HA Sustainable Infrastructure Capital Stock Performance

NYSE HASI opened at $40.70 on Wednesday. The company has a current ratio of 12.10, a quick ratio of 12.10 and a debt-to-equity ratio of 2.12. The firm’s fifty day moving average price is $39.74 and its two-hundred day moving average price is $36.37. HA Sustainable Infrastructure Capital, Inc. has a 1 year low of $24.38 and a 1 year high of $44.13. The firm has a market capitalization of $5.23 billion, a P/E ratio of 116.29, a price-to-earnings-growth ratio of 1.19 and a beta of 1.43.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.77 EPS for the quarter, beating the consensus estimate of $0.68 by $0.09. HA Sustainable Infrastructure Capital had a net margin of 13.08% and a return on equity of 12.80%. The firm had revenue of $124.23 million for the quarter, compared to the consensus estimate of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, research analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.7 EPS for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Thursday, July 2nd will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s payout ratio is currently 485.71%.

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.