37,564 Shares in HA Sustainable Infrastructure Capital, Inc. $HASI Purchased by LaSalle St. Investment Advisors LLC

Key Points

• LaSalle St. Investment Advisors purchased 37,564 HASI shares worth approximately $1.47 million, while institutional investors collectively own 96.14% of the company.
• HASI exceeded quarterly expectations, reporting $0.75 in EPS versus the $0.73 consensus estimate and revenue of $120.79 million versus $111.95 million expected.
• The company declared a quarterly dividend of $0.425, equivalent to $1.70 annually and a 4.2% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $47.40.

LaSalle St. Investment Advisors LLC bought a new stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 37,564 shares of the real estate investment trust's stock, valued at approximately $1,467,000.

Other hedge funds have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of HA Sustainable Infrastructure Capital by 6.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,956 shares of the real estate investment trust's stock worth $2,046,000 after purchasing an additional 4,212 shares during the period. United Services Automobile Association purchased a new stake in HA Sustainable Infrastructure Capital in the 1st quarter valued at about $222,000. Jane Street Group LLC lifted its position in HA Sustainable Infrastructure Capital by 49.9% in the first quarter. Jane Street Group LLC now owns 104,926 shares of the real estate investment trust's stock valued at $3,068,000 after buying an additional 34,932 shares during the last quarter. Intech Investment Management LLC lifted its position in HA Sustainable Infrastructure Capital by 13.6% in the first quarter. Intech Investment Management LLC now owns 47,566 shares of the real estate investment trust's stock valued at $1,391,000 after buying an additional 5,683 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in HA Sustainable Infrastructure Capital by 12.9% during the second quarter. Cetera Investment Advisers now owns 27,544 shares of the real estate investment trust's stock worth $740,000 after buying an additional 3,139 shares during the period. Hedge funds and other institutional investors own 96.14% of the company's stock.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI opened at $40.61 on Friday. HA Sustainable Infrastructure Capital, Inc. has a 1 year low of $27.28 and a 1 year high of $44.13. The stock has a market capitalization of $5.22 billion, a PE ratio of 76.62, a PEG ratio of 1.36 and a beta of 1.43. The company has a debt-to-equity ratio of 2.23, a quick ratio of 8.89 and a current ratio of 8.89. The stock has a 50-day simple moving average of $39.04 and a 200-day simple moving average of $38.68.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.02. HA Sustainable Infrastructure Capital had a net margin of 18.61% and a return on equity of 13.62%. The business had revenue of $120.79 million during the quarter, compared to analysts' expectations of $111.95 million. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. On average, analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.75 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Friday, October 2nd will be paid a $0.425 dividend. The ex-dividend date is Friday, October 2nd. This represents a $1.70 dividend on an annualized basis and a yield of 4.2%. HA Sustainable Infrastructure Capital's payout ratio is currently 320.75%.

Analyst Ratings Changes

Several research firms recently weighed in on HASI. Weiss Ratings reiterated a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a report on Friday, August 7th. Royal Bank Of Canada upped their price target on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an "outperform" rating in a research note on Friday, May 8th. JPMorgan Chase & Co. raised their price target on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the stock an "overweight" rating in a research report on Friday, August 7th. Morgan Stanley lifted their price objective on HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the company an "overweight" rating in a research note on Tuesday. Finally, Bank of America reiterated a "buy" rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday. Eleven 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, the company currently has an average rating of "Moderate Buy" and an average price target of $47.40.

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.

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