Farther Finance Advisors LLC Increases Stock Holdings in HA Sustainable Infrastructure Capital, Inc. $HASI

Farther Finance Advisors LLC raised its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 4,646.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 42,007 shares of the real estate investment trust’s stock after purchasing an additional 41,122 shares during the quarter. Farther Finance Advisors LLC’s holdings in HA Sustainable Infrastructure Capital were worth $1,290,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. State of Alaska Department of Revenue increased its position in HA Sustainable Infrastructure Capital by 9.3% in the second quarter. State of Alaska Department of Revenue now owns 72,042 shares of the real estate investment trust’s stock worth $1,934,000 after buying an additional 6,127 shares in the last quarter. ABN AMRO Bank N.V. purchased a new position in shares of HA Sustainable Infrastructure Capital during the 2nd quarter valued at about $6,297,000. Baird Financial Group Inc. grew its stake in shares of HA Sustainable Infrastructure Capital by 7.6% during the 2nd quarter. Baird Financial Group Inc. now owns 533,666 shares of the real estate investment trust’s stock valued at $14,334,000 after acquiring an additional 37,678 shares during the period. Resources Management Corp CT ADV increased its holdings in HA Sustainable Infrastructure Capital by 134.3% in the 1st quarter. Resources Management Corp CT ADV now owns 21,360 shares of the real estate investment trust’s stock worth $625,000 after acquiring an additional 12,245 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in HA Sustainable Infrastructure Capital by 1.5% during the 2nd quarter. Franklin Resources Inc. now owns 382,547 shares of the real estate investment trust’s stock worth $10,275,000 after acquiring an additional 5,799 shares during the period. Institutional investors own 96.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on HASI. Oppenheimer reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, December 16th. The Goldman Sachs Group lifted their target price on shares of HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “neutral” rating in a research note on Wednesday, October 8th. Wells Fargo & Company increased their price target on HA Sustainable Infrastructure Capital from $33.00 to $37.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Weiss Ratings restated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday, December 22nd. Finally, JPMorgan Chase & Co. upped their price objective on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an “overweight” rating in a research note on Friday, September 19th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, HA Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and an average target price of $39.56.

HA Sustainable Infrastructure Capital Stock Down 0.3%

Shares of HASI stock opened at $32.91 on Friday. The stock has a market cap of $4.16 billion, a P/E ratio of 14.13, a PEG ratio of 1.25 and a beta of 1.48. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.98 and a 52 week high of $34.53. The company has a quick ratio of 11.03, a current ratio of 11.03 and a debt-to-equity ratio of 1.93. The company’s fifty day simple moving average is $31.86 and its two-hundred day simple moving average is $29.24.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11. The firm had revenue of ($37.39) million during 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. Analysts predict 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 disclosed a quarterly dividend, which will be paid on Friday, January 9th. Stockholders of record on Monday, December 29th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Monday, December 29th. HA Sustainable Infrastructure Capital’s dividend payout ratio is 72.10%.

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.