HA Sustainable Infrastructure Capital, Inc. $HASI Shares Sold by Amundi

Key Points

• Amundi reduced its HASI stake by 1.4%, selling 33,221 shares and retaining 2.39 million shares valued at approximately $93.4 million. Institutional investors own 96.14% of the company, with California State Teachers Retirement System making a particularly large purchase.
• Analysts remain broadly positive, with 10 Buy ratings and three Holds producing a “Moderate Buy” consensus and an average price target of $47.60. Morgan Stanley, JPMorgan, and Mizuho raised their targets, while UBS cut its target to $44.
• HASI shares opened at $38.31, while the company reported quarterly EPS of $0.75, exceeding estimates, and revenue of $120.79 million. It also declared a quarterly dividend of $0.425 per share, representing a 4.4% annualized yield.

Amundi lessened its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 1.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,388,998 shares of the real estate investment trust's stock after selling 33,221 shares during the quarter. Amundi owned 1.86% of HA Sustainable Infrastructure Capital worth $93,393,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Groupe la Francaise raised its position in HA Sustainable Infrastructure Capital by 31.3% in the second quarter. Groupe la Francaise now owns 241,208 shares of the real estate investment trust's stock worth $9,424,000 after acquiring an additional 57,557 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of HA Sustainable Infrastructure Capital during the 2nd quarter worth $324,000. California State Teachers Retirement System boosted its position in shares of HA Sustainable Infrastructure Capital by 3,835.5% during the 2nd quarter. California State Teachers Retirement System now owns 5,761,437 shares of the real estate investment trust's stock worth $224,984,000 after purchasing an additional 5,615,041 shares in the last quarter. Figure 8 Investment Strategies LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 2.9% during the 2nd quarter. Figure 8 Investment Strategies LLC now owns 43,230 shares of the real estate investment trust's stock worth $1,688,000 after purchasing an additional 1,228 shares during the period. Finally, Compass Financial Management LLC acquired a new position in shares of HA Sustainable Infrastructure Capital during the 2nd quarter worth $284,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on HASI. Weiss Ratings reiterated a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a research note on Friday, August 7th. Morgan Stanley upped their target price on shares of HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 18th. UBS Group reaffirmed a "neutral" rating and issued a $44.00 target price (down from $51.00) on shares of HA Sustainable Infrastructure Capital in a report on Friday, September 4th. JPMorgan Chase & Co. lifted their price target on shares of HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the company an "overweight" rating in a research report on Friday, August 7th. Finally, Mizuho boosted their price target on HA Sustainable Infrastructure Capital from $41.00 to $50.00 and gave the stock an "outperform" rating in a research note on Wednesday. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $47.60.

HA Sustainable Infrastructure Capital Stock Down 2.7%

Shares of NYSE HASI opened at $38.31 on Thursday. The firm's 50-day moving average is $39.20 and its two-hundred day moving average is $38.93. The company has a market capitalization of $4.92 billion, a PE ratio of 72.28, a price-to-earnings-growth ratio of 1.27 and a beta of 1.43. HA Sustainable Infrastructure Capital, Inc. has a 12-month low of $27.28 and a 12-month high of $44.13. The company has a debt-to-equity ratio of 2.23, a current ratio of 8.89 and a quick ratio of 8.89.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last issued its quarterly earnings data 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. 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. Equities analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.76 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Friday, October 2nd will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.70 annualized dividend and a yield of 4.4%. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 320.75%.

HA Sustainable Infrastructure Capital Company 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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