ABN AMRO Bank N.V. Acquires 161,631 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

ABN AMRO Bank N.V. raised its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 60.6% during the 1st quarter, HoldingsChannel.com reports. The fund owned 428,567 shares of the real estate investment trust’s stock after acquiring an additional 161,631 shares during the quarter. ABN AMRO Bank N.V.’s holdings in HA Sustainable Infrastructure Capital were worth $15,914,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. iSAM Funds UK Ltd purchased a new position in HA Sustainable Infrastructure Capital in the 3rd quarter worth approximately $27,000. Triumph Capital Management bought a new position in shares of HA Sustainable Infrastructure Capital during the 4th quarter valued at about $29,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of HA Sustainable Infrastructure Capital by 101.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock valued at $61,000 after buying an additional 977 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new stake in HA Sustainable Infrastructure Capital in the 3rd quarter worth approximately $67,000. Finally, Hantz Financial Services Inc. grew its position in HA Sustainable Infrastructure Capital by 60.4% during the fourth quarter. Hantz Financial Services Inc. now owns 2,122 shares of the real estate investment trust’s stock valued at $67,000 after acquiring an additional 799 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $39.58 on Friday. The firm has a market capitalization of $5.08 billion, a price-to-earnings ratio of 113.09, a PEG ratio of 1.17 and a beta of 1.43. The stock has a fifty day moving average of $40.20 and a 200 day moving average of $37.05. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $24.38 and a 52 week high of $44.13. 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 (NYSE:HASI) last issued its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business 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 expect that HA Sustainable Infrastructure Capital, Inc. will post 2.71 earnings per share for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Thursday, July 2nd will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis 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 presently 485.71%.

Wall Street Analyst Weigh In

Several research firms have commented on HASI. UBS Group lifted their price target on shares of HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Royal Bank Of Canada increased their target price on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Citigroup lifted their target price 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. Mizuho boosted 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 note on Wednesday, March 4th. Finally, Morgan Stanley upped their price target on shares of HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the company an “overweight” rating in a research report on Wednesday, May 27th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $46.90.

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.