Engineers Gate Manager LP Acquires New Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Engineers Gate Manager LP purchased a new position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 36,192 shares of the real estate investment trust's stock, valued at approximately $1,413,000.

Other large investors have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC purchased a new position in shares of HA Sustainable Infrastructure Capital in the second quarter worth about $39,000. Trust Co. of Vermont acquired a new stake in HA Sustainable Infrastructure Capital during the 2nd quarter valued at approximately $70,000. Addison Advisors LLC purchased a new stake in shares of HA Sustainable Infrastructure Capital in the 2nd quarter valued at $72,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of HA Sustainable Infrastructure Capital in the 2nd quarter valued at $76,000. Finally, Hantz Financial Services Inc. increased its stake in shares of HA Sustainable Infrastructure Capital by 60.4% in the fourth quarter. Hantz Financial Services Inc. now owns 2,122 shares of the real estate investment trust's stock worth $67,000 after acquiring an additional 799 shares during the period. 96.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the company an "overweight" rating in a report on Friday, August 7th. Morgan Stanley raised their price target on shares of HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the company an "overweight" rating in a research report on Tuesday, August 18th. UBS Group restated a "neutral" rating and set a $44.00 target price (down from $51.00) on shares of HA Sustainable Infrastructure Capital in a research report on Friday, September 4th. Bank of America restated a "buy" rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, August 18th. Finally, Mizuho increased their target price on HA Sustainable Infrastructure Capital from $41.00 to $50.00 and gave the company an "outperform" rating in a research report on Wednesday, September 9th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, HA Sustainable Infrastructure Capital presently has an average rating of "Moderate Buy" and a consensus price target of $47.60.

HA Sustainable Infrastructure Capital Price Performance

HA Sustainable Infrastructure Capital stock opened at $37.22 on Friday. The company has a fifty day simple moving average of $39.09 and a 200-day simple moving average of $38.93. The firm has a market capitalization of $4.78 billion, a price-to-earnings ratio of 70.22, a PEG ratio of 1.17 and a beta of 1.43. The company has a quick ratio of 8.89, a current ratio of 8.89 and a debt-to-equity ratio of 2.23. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $27.28 and a 52-week high of $44.13.

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

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently announced 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 of this dividend is Friday, October 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.6%. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is 320.75%.

HA Sustainable Infrastructure Capital Profile

HA Sustainable Infrastructure Capital, Inc NYSE: HASI, formerly known as Hannon Armstrong Sustainable Infrastructure Capital, is an investment firm focused on climate solutions and sustainable infrastructure. The company provides capital to projects and businesses that support the transition to a more sustainable and resilient economy.

HASI invests in and finances assets such as renewable energy, including solar generation; energy-efficiency projects; sustainable transportation; and other infrastructure designed to reduce greenhouse-gas emissions or improve resource efficiency.

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