HA Sustainable Infrastructure Capital, Inc. $HASI Shares Sold by Advisors Preferred LLC

Advisors Preferred LLC reduced its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 21.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 66,376 shares of the real estate investment trust’s stock after selling 17,820 shares during the quarter. Advisors Preferred LLC owned about 0.05% of HA Sustainable Infrastructure Capital worth $2,439,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of HASI. Alliancebernstein L.P. lifted its stake in shares of HA Sustainable Infrastructure Capital by 1,015.5% during the second quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock worth $117,012,000 after buying an additional 3,965,832 shares during the period. Norges Bank purchased a new position in HA Sustainable Infrastructure Capital in the 4th quarter worth $59,561,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in HA Sustainable Infrastructure Capital by 1,285.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,903,532 shares of the real estate investment trust’s stock worth $58,438,000 after acquiring an additional 1,766,093 shares during the period. Schroder Investment Management Group lifted its position in HA Sustainable Infrastructure Capital by 140.4% during the 4th quarter. Schroder Investment Management Group now owns 2,248,200 shares of the real estate investment trust’s stock worth $70,661,000 after acquiring an additional 1,313,105 shares during the period. Finally, T. Rowe Price Investment Management Inc. grew its stake in HA Sustainable Infrastructure Capital by 24.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust’s stock valued at $207,578,000 after purchasing an additional 1,282,466 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Trading Up 1.7%

Shares of NYSE:HASI opened at $38.53 on Wednesday. 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 $4.95 billion, a price-to-earnings ratio of 110.09, a price-to-earnings-growth ratio of 1.12 and a beta of 1.43. The company has a debt-to-equity ratio of 2.12, a current ratio of 12.10 and a quick ratio of 12.10. The business’s 50 day moving average price is $39.47 and its 200-day moving average price is $37.53.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 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 company had revenue of $124.23 million during the quarter, compared to analyst estimates of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, equities research analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.71 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd were given a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 485.71%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on HASI. Weiss Ratings reissued a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, May 13th. UBS Group upped their target price on HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Morgan Stanley increased their price target on shares of HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the stock an “overweight” rating in a report on Wednesday, May 27th. JPMorgan Chase & Co. raised their price target on shares of HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Finally, Royal Bank Of Canada lifted their price objective on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock 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.