ProShare Advisors LLC Reduces Stock Position in HA Sustainable Infrastructure Capital, Inc. $HASI

ProShare Advisors LLC lowered its stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 17.4% during the 4th quarter, HoldingsChannel reports. The firm owned 201,023 shares of the real estate investment trust’s stock after selling 42,206 shares during the period. ProShare Advisors LLC’s holdings in HA Sustainable Infrastructure Capital were worth $6,318,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. iSAM Funds UK Ltd purchased a new stake in HA Sustainable Infrastructure Capital in the third quarter worth approximately $27,000. Hantz Financial Services Inc. boosted its holdings in HA Sustainable Infrastructure Capital by 630.9% in the third quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 1,142 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in HA Sustainable Infrastructure Capital in the third quarter worth approximately $67,000. Quadrant Capital Group LLC purchased a new stake in HA Sustainable Infrastructure Capital in the third quarter worth approximately $72,000. Finally, International Assets Investment Management LLC purchased a new stake in HA Sustainable Infrastructure Capital in the fourth quarter worth approximately $113,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group raised their target price on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a report on Tuesday, February 17th. Weiss Ratings restated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, May 13th. UBS Group raised their target price on shares of HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, May 8th. TD Cowen raised their target price on shares of HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Finally, Wells Fargo & Company raised their target price 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. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $46.60.

HA Sustainable Infrastructure Capital Trading Up 0.1%

Shares of HA Sustainable Infrastructure Capital stock opened at $40.70 on Friday. The company’s fifty day simple moving average is $39.16 and its 200-day simple moving average is $35.89. The stock has a market capitalization of $5.23 billion, a PE ratio of 116.28, a P/E/G ratio of 1.20 and a beta of 1.47. HA Sustainable Infrastructure Capital, Inc. has a 1-year low of $24.28 and a 1-year high of $44.13. The company has a debt-to-equity ratio of 2.12, a current ratio of 12.10 and a quick ratio of 12.10.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.09. The business had revenue of $124.23 million for the quarter, compared to analysts’ expectations of $112.24 million. HA Sustainable Infrastructure Capital had a net margin of 13.08% and a return on equity of 12.80%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, equities analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.7 earnings per share for the current year.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd will be paid 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 Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 485.71%.

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.