Legal & General Group Plc Invests $11.48 Million in HA Sustainable Infrastructure Capital, Inc. $HASI

Legal & General Group Plc acquired a new stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 293,881 shares of the real estate investment trust’s stock, valued at approximately $11,476,000.

Several other hedge funds have also added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in HA Sustainable Infrastructure Capital by 6.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,956 shares of the real estate investment trust’s stock valued at $2,046,000 after acquiring an additional 4,212 shares during the period. United Services Automobile Association acquired a new stake in shares of HA Sustainable Infrastructure Capital during the first quarter worth about $222,000. Jane Street Group LLC raised its position in shares of HA Sustainable Infrastructure Capital by 49.9% during the first quarter. Jane Street Group LLC now owns 104,926 shares of the real estate investment trust’s stock worth $3,068,000 after purchasing an additional 34,932 shares during the period. Intech Investment Management LLC lifted its holdings in shares of HA Sustainable Infrastructure Capital by 13.6% during the 1st quarter. Intech Investment Management LLC now owns 47,566 shares of the real estate investment trust’s stock valued at $1,391,000 after purchasing an additional 5,683 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of HA Sustainable Infrastructure Capital by 12.9% during the 2nd quarter. Cetera Investment Advisers now owns 27,544 shares of the real estate investment trust’s stock valued at $740,000 after purchasing an additional 3,139 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Stock Performance

NYSE HASI opened at $39.54 on Tuesday. The firm has a market capitalization of $5.08 billion, a P/E ratio of 74.60, a price-to-earnings-growth ratio of 1.29 and a beta of 1.43. The company has a current ratio of 8.89, a quick ratio of 8.89 and a debt-to-equity ratio of 2.23. The firm’s fifty day moving average price is $39.20 and its two-hundred day moving average price is $38.88. HA Sustainable Infrastructure Capital, Inc. has a 1 year low of $27.28 and a 1 year high of $44.13.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share for the quarter, topping 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 for 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. As a group, research analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.75 EPS for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Friday, October 2nd will be given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Friday, October 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 320.75%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Bank of America reissued a “buy” rating on shares of HA Sustainable Infrastructure Capital in a research note 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. Morgan Stanley boosted their price objective on shares of HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the company an “overweight” rating in a research report on Tuesday, August 18th. JPMorgan Chase & Co. upped their target price on shares of HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Finally, Royal Bank Of Canada increased their target price on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $47.40.

HA Sustainable Infrastructure Capital 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.