Squarepoint Ops LLC Acquires 149,724 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Key Points

• Squarepoint Ops LLC increased its HASI stake by 83.7% in the second quarter, acquiring 149,724 additional shares for a total holding of 328,692 shares valued at approximately $12.8 million. Institutional investors and hedge funds collectively own 96.14% of the stock.
• Analysts remain broadly positive, with 10 Buy ratings and three Holds producing a “Moderate Buy” consensus and an average price target of $47.60. Recent targets range from UBS’s $44 to JPMorgan’s $51.
• HASI reported quarterly EPS of $0.75, above the $0.73 estimate, and revenue of $120.79 million. The company declared a quarterly dividend of $0.425 per share, equivalent to a 4.4% annualized yield.

Squarepoint Ops LLC grew its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 83.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 328,692 shares of the real estate investment trust's stock after purchasing an additional 149,724 shares during the quarter. Squarepoint Ops LLC owned about 0.26% of HA Sustainable Infrastructure Capital worth $12,835,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. iSAM Funds UK Ltd bought a new position in HA Sustainable Infrastructure Capital during the third quarter worth about $27,000. Triumph Capital Management bought a new stake in shares of HA Sustainable Infrastructure Capital in the 4th quarter valued at about $29,000. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 acquiring an additional 977 shares during the period. Hantz Financial Services Inc. raised its position in shares of 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 acquiring an additional 799 shares during the period. Finally, Trust Co. of Vermont bought a new position in HA Sustainable Infrastructure Capital during the 2nd quarter worth approximately $70,000. 96.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Bank of America restated a "buy" rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, August 18th. Weiss Ratings reissued a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a research report on Friday, August 7th. UBS Group reissued a "neutral" rating and issued a $44.00 price target (down from $51.00) on shares of HA Sustainable Infrastructure Capital in a report on Friday, September 4th. Mizuho upped their price objective on shares of HA Sustainable Infrastructure Capital from $41.00 to $50.00 and gave the company an "outperform" rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. upped their price objective 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. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $47.60.

HA Sustainable Infrastructure Capital Price Performance

Shares of HASI opened at $38.31 on Thursday. The stock has a 50 day simple moving average of $39.20 and a 200 day simple moving average of $38.93. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $27.28 and a 52-week high of $44.13. 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 firm has a market capitalization of $4.92 billion, a PE ratio of 72.28, a P/E/G ratio of 1.27 and a beta of 1.43.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last announced its earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 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 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. Sell-side analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.76 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Friday, October 2nd will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Friday, October 2nd. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.