HA Sustainable Infrastructure Capital, Inc. $HASI Shares Sold by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System cut its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 49.9% in the third quarter, HoldingsChannel.com reports. The firm owned 17,813 shares of the real estate investment trust’s stock after selling 17,727 shares during the quarter. Maryland State Retirement & Pension System’s holdings in HA Sustainable Infrastructure Capital were worth $547,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Legend Financial Advisors Inc. acquired a new position in HA Sustainable Infrastructure Capital in the second quarter valued at about $27,000. Salomon & Ludwin LLC acquired a new position in shares of HA Sustainable Infrastructure Capital in the 3rd quarter worth approximately $27,000. CWM LLC lifted its holdings in shares of HA Sustainable Infrastructure Capital by 12.4% in the 2nd quarter. CWM LLC now owns 4,552 shares of the real estate investment trust’s stock worth $122,000 after acquiring an additional 501 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of HA Sustainable Infrastructure Capital by 12.5% during the 3rd quarter. GAMMA Investing LLC now owns 5,928 shares of the real estate investment trust’s stock worth $182,000 after purchasing an additional 657 shares during the period. Finally, Peddock Capital Advisors LLC acquired a new stake in HA Sustainable Infrastructure Capital in the 3rd quarter valued at approximately $201,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Price Performance

Shares of NYSE HASI opened at $34.53 on Friday. The company has a debt-to-equity ratio of 1.93, a current ratio of 11.03 and a quick ratio of 11.03. The company has a market cap of $4.37 billion, a price-to-earnings ratio of 14.82, a price-to-earnings-growth ratio of 1.19 and a beta of 1.45. The stock’s 50-day moving average is $33.15 and its two-hundred day moving average is $30.06. HA Sustainable Infrastructure Capital, Inc. has a 1-year low of $21.98 and a 1-year high of $35.10.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.11. HA Sustainable Infrastructure Capital had a return on equity of 11.97% and a net margin of 79.69%.The business had revenue of ($37.39) million during the quarter, compared to the consensus estimate of $27.97 million. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. Analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Monday, December 29th were given a $0.42 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.9%. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 72.10%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on HASI shares. The Goldman Sachs Group upped their price target on HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. Morgan Stanley increased their target price on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th. Jefferies Financial Group increased their price target on shares of HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Finally, Oppenheimer reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th. Nine analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $40.00.

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.