Handelsbanken Fonder AB Increases Stock Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Handelsbanken Fonder AB increased its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 73.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 916,784 shares of the real estate investment trust’s stock after buying an additional 386,788 shares during the period. Handelsbanken Fonder AB’s holdings in HA Sustainable Infrastructure Capital were worth $28,815,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. iSAM Funds UK Ltd purchased a new stake in HA Sustainable Infrastructure Capital during the third quarter worth $27,000. Hantz Financial Services Inc. raised 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 worth $41,000 after acquiring an additional 1,142 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in shares of HA Sustainable Infrastructure Capital in the third quarter valued at about $67,000. Quadrant Capital Group LLC acquired a new stake in shares of HA Sustainable Infrastructure Capital in the third quarter valued at about $72,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of HA Sustainable Infrastructure Capital during the fourth quarter worth about $113,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HASI. Mizuho upped their price target 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. Royal Bank Of Canada upped their price target on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. 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. 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. 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 equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, HA Sustainable Infrastructure Capital presently has an average rating of “Moderate Buy” and a consensus price target of $46.60.

HA Sustainable Infrastructure Capital Price Performance

Shares of NYSE HASI opened at $39.58 on Wednesday. The firm has a 50-day simple moving average of $38.88 and a 200-day simple moving average of $35.67. The stock has a market capitalization of $5.08 billion, a price-to-earnings ratio of 113.09, a price-to-earnings-growth ratio of 1.20 and a beta of 1.47. The company has a quick ratio of 12.10, a current ratio of 12.10 and a debt-to-equity ratio of 2.12. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $24.28 and a 52 week high of $44.13.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, equities 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 disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors 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 is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) 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.