Bailard Inc. Has $1.11 Million Stake in HA Sustainable Infrastructure Capital, Inc. $HASI

Bailard Inc. lessened its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 22.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,312 shares of the real estate investment trust’s stock after selling 12,239 shares during the quarter. Bailard Inc.’s holdings in HA Sustainable Infrastructure Capital were worth $1,110,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HASI. Teacher Retirement System of Texas bought a new stake in shares of HA Sustainable Infrastructure Capital during the 1st quarter worth approximately $506,000. Envestnet Asset Management Inc. grew its holdings in HA Sustainable Infrastructure Capital by 4.3% during the first quarter. Envestnet Asset Management Inc. now owns 221,645 shares of the real estate investment trust’s stock worth $6,481,000 after purchasing an additional 9,125 shares during the period. Cerity Partners LLC increased its position in HA Sustainable Infrastructure Capital by 8.4% during the first quarter. Cerity Partners LLC now owns 19,332 shares of the real estate investment trust’s stock worth $565,000 after buying an additional 1,497 shares during the last quarter. Xponance Inc. raised its stake in HA Sustainable Infrastructure Capital by 6.3% in the first quarter. Xponance Inc. now owns 9,570 shares of the real estate investment trust’s stock valued at $280,000 after buying an additional 571 shares during the period. Finally, New York State Common Retirement Fund lifted its position in shares of HA Sustainable Infrastructure Capital by 39.4% in the first quarter. New York State Common Retirement Fund now owns 245,195 shares of the real estate investment trust’s stock valued at $7,170,000 after buying an additional 69,316 shares during the last quarter. 96.14% of the stock is owned by institutional investors.

HA Sustainable Infrastructure Capital Trading Down 2.7%

Shares of HA Sustainable Infrastructure Capital stock opened at $33.03 on Friday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 10.81 and a current ratio of 10.81. The firm has a 50-day moving average of $29.58 and a 200-day moving average of $27.68. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $21.98 and a 52-week high of $34.28. The stock has a market cap of $4.11 billion, a PE ratio of 21.31, a PEG ratio of 1.05 and a beta of 1.63.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.11. The business had revenue of ($37.39) million during the quarter, compared to analysts’ expectations of $27.97 million. HA Sustainable Infrastructure Capital had a net margin of 56.17% and a return on equity of 10.85%. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. As a group, sell-side analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current year.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Monday, December 29th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.68 annualized dividend and a yield of 5.1%. HA Sustainable Infrastructure Capital’s payout ratio is currently 72.10%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on HASI shares. UBS Group boosted their target price on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the stock a “buy” rating in a report on Monday. Wall Street Zen raised shares of HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. The Goldman Sachs Group increased their price objective on shares of HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “neutral” rating in a research report on Wednesday, October 8th. JPMorgan Chase & Co. raised their target price on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an “overweight” rating in a research note on Friday, September 19th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, October 8th. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, HA Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.25.

HA Sustainable Infrastructure Capital Company Profile

HA Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company’s portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.