HA Sustainable Infrastructure Capital, Inc. $HASI Shares Acquired by California State Teachers Retirement System

Key Points

• California State Teachers Retirement System increased its HASI stake by 24.5% in the first quarter, acquiring 28,834 additional shares for a total of 146,396 shares valued at approximately $5.38 million.
• Institutional ownership remains high at 96.14%, with Norges Bank initiating a roughly $59.6 million position and several other investment firms increasing their holdings.
• HASI reported quarterly EPS of $0.75, exceeding analysts’ $0.73 estimate, while revenue of $120.79 million also topped expectations. Analysts maintain a “Moderate Buy” consensus with an average price target of $46.90 versus the stock’s $38.40 opening price.

California State Teachers Retirement System grew its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 24.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 146,396 shares of the real estate investment trust's stock after purchasing an additional 28,834 shares during the period. California State Teachers Retirement System owned approximately 0.11% of HA Sustainable Infrastructure Capital worth $5,380,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. Raiffeisen Bank International AG raised its holdings in shares of HA Sustainable Infrastructure Capital by 24.7% during the 4th quarter. Raiffeisen Bank International AG now owns 311,710 shares of the real estate investment trust's stock valued at $9,965,000 after purchasing an additional 61,710 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of HA Sustainable Infrastructure Capital by 27.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 550,786 shares of the real estate investment trust's stock valued at $17,311,000 after buying an additional 117,235 shares during the last quarter. Norges Bank bought a new stake in shares of HA Sustainable Infrastructure Capital in the 4th quarter worth approximately $59,561,000. Rock Point Advisors LLC bought a new position in HA Sustainable Infrastructure Capital in the fourth quarter worth $2,199,000. Finally, Handelsbanken Fonder AB lifted its holdings in shares of HA Sustainable Infrastructure Capital by 73.0% during the 4th quarter. Handelsbanken Fonder AB now owns 916,784 shares of the real estate investment trust's stock worth $28,815,000 after acquiring an additional 386,788 shares during the period. 96.14% of the stock is owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Price Performance

NYSE HASI opened at $38.40 on Friday. The company has a debt-to-equity ratio of 2.12, a quick ratio of 12.10 and a current ratio of 12.10. The stock has a market cap of $4.93 billion, a price-to-earnings ratio of 109.72, a PEG ratio of 1.13 and a beta of 1.43. The business has a 50 day simple moving average of $38.53 and a 200 day simple moving average of $38.18. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $24.38 and a 52-week high of $44.13.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.02. HA Sustainable Infrastructure Capital had a return on equity of 12.80% and a net margin of 13.08%.The firm had revenue of $120.79 million for the quarter, compared to the consensus estimate of $111.95 million. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. Analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

HASI has been the topic of a number of analyst reports. Morgan Stanley upped their price target on 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. Citigroup boosted their price objective 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. Royal Bank Of Canada lifted their price objective on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an "outperform" rating in a research report on Friday, May 8th. JPMorgan Chase & Co. boosted their price objective on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an "overweight" rating in a report on Monday, May 11th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, May 13th. Ten 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.com, the stock has an average rating of "Moderate Buy" and a consensus 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.

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