Groupe la Francaise Increases Stake in HA Sustainable Infrastructure Capital, Inc. $HASI

Groupe la Francaise lifted its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 40.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 74,815 shares of the real estate investment trust’s stock after acquiring an additional 21,622 shares during the quarter. Groupe la Francaise’s holdings in HA Sustainable Infrastructure Capital were worth $2,001,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. State of Alaska Department of Revenue grew its position in HA Sustainable Infrastructure Capital by 9.3% in the 2nd quarter. State of Alaska Department of Revenue now owns 72,042 shares of the real estate investment trust’s stock valued at $1,934,000 after acquiring an additional 6,127 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in shares of HA Sustainable Infrastructure Capital by 7.0% during the first quarter. T. Rowe Price Investment Management Inc. now owns 5,020,891 shares of the real estate investment trust’s stock valued at $146,811,000 after purchasing an additional 330,314 shares during the period. ABN AMRO Bank N.V. purchased a new stake in shares of HA Sustainable Infrastructure Capital during the second quarter valued at $6,297,000. Resources Management Corp CT ADV grew its holdings in shares of HA Sustainable Infrastructure Capital by 134.3% in the first quarter. Resources Management Corp CT ADV now owns 21,360 shares of the real estate investment trust’s stock worth $625,000 after purchasing an additional 12,245 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in HA Sustainable Infrastructure Capital by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 13,556,379 shares of the real estate investment trust’s stock worth $396,389,000 after buying an additional 311,184 shares during the period. 96.14% of the stock is currently owned by institutional investors.

HA Sustainable Infrastructure Capital Trading Up 0.1%

Shares of NYSE HASI opened at $33.33 on Thursday. The company has a debt-to-equity ratio of 1.93, a current ratio of 11.03 and a quick ratio of 11.03. The stock has a market capitalization of $4.22 billion, a P/E ratio of 14.30, a price-to-earnings-growth ratio of 1.30 and a beta of 1.48. HA Sustainable Infrastructure Capital, Inc. has a 1-year low of $21.98 and a 1-year high of $34.53. The business has a fifty day moving average price of $30.98 and a 200 day moving average price of $28.38.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.11. The company had revenue of ($37.39) million for the quarter, compared to analyst estimates of $27.97 million. HA Sustainable Infrastructure Capital had a return on equity of 11.97% and a net margin of 79.69%.HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. Equities research analysts expect that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 9th. Investors of record on Monday, December 29th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.68 dividend on an annualized basis and a yield of 5.0%. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 72.10%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on HASI. JPMorgan Chase & Co. lifted their price objective on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a report on Friday, September 19th. Wall Street Zen raised shares of HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Morgan Stanley lifted their price target on shares of HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the company an “overweight” rating in a research note on Tuesday. Weiss Ratings reissued a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday. Finally, UBS Group lifted their target price on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $39.11.

HA Sustainable Infrastructure Capital Company Profile

HA Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company’s portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.