HA Sustainable Infrastructure Capital, Inc. $HASI Shares Sold by Wellington Management Group LLP

Key Points

• Wellington Management cut its HASI stake by 14.1%, selling 1.61 million shares and retaining approximately 9.78 million shares valued at $381.8 million. Institutional investors collectively own 96.14% of the company.
• Analysts remain broadly positive, with 11 Buy ratings and two Holds, producing a consensus “Moderate Buy” rating and an average price target of $47.40.
• HASI beat quarterly earnings expectations with $0.75 in EPS versus $0.73 expected and $120.79 million in revenue. The company declared a $0.425 quarterly dividend, or $1.70 annualized, representing a 4.2% yield.

Wellington Management Group LLP reduced its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 14.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,778,291 shares of the real estate investment trust's stock after selling 1,610,320 shares during the quarter. Wellington Management Group LLP owned approximately 7.61% of HA Sustainable Infrastructure Capital worth $381,842,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of HASI. iSAM Funds UK Ltd acquired a new stake in shares of HA Sustainable Infrastructure Capital in the third quarter valued at approximately $27,000. Triumph Capital Management acquired a new position in shares of HA Sustainable Infrastructure Capital during the 4th quarter worth approximately $29,000. Northwestern Mutual Wealth Management Co. lifted its stake in HA Sustainable Infrastructure Capital by 101.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust's stock valued at $61,000 after buying an additional 977 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in HA Sustainable Infrastructure Capital by 60.4% in the 4th quarter. Hantz Financial Services Inc. now owns 2,122 shares of the real estate investment trust's stock valued at $67,000 after buying an additional 799 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new stake in HA Sustainable Infrastructure Capital during the 2nd quarter valued at $70,000. Hedge funds and other institutional investors own 96.14% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on HASI. 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. UBS Group lifted their price objective on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the stock a "buy" rating in a research report on Friday, August 7th. Bank of America restated a "buy" rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, August 18th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a research note on Friday, August 7th. Finally, Wells Fargo & Company lifted their price target on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an "overweight" rating in a report on Tuesday, May 12th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, HA Sustainable Infrastructure Capital has a consensus rating of "Moderate Buy" and an average target price of $47.40.

HA Sustainable Infrastructure Capital Price Performance

HASI stock opened at $40.07 on Friday. The stock has a market capitalization of $5.15 billion, a price-to-earnings ratio of 75.60, a price-to-earnings-growth ratio of 1.29 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. The stock's fifty day simple moving average is $39.19 and its 200-day simple moving average is $38.85.

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

HA Sustainable Infrastructure Capital Dividend Announcement

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