Wellington Management Group LLP Cuts Holdings in HA Sustainable Infrastructure Capital, Inc. $HASI

Wellington Management Group LLP cut its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 14.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,778,291 shares of the real estate investment trust’s stock after selling 1,610,320 shares during the quarter. Wellington Management Group LLP owned about 0.08% of HA Sustainable Infrastructure Capital worth $381,842,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings 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 buying an additional 4,212 shares during the period. United Services Automobile Association acquired a new stake in shares of HA Sustainable Infrastructure Capital in the first quarter worth $222,000. Jane Street Group LLC raised its stake in shares of HA Sustainable Infrastructure Capital by 49.9% in the 1st quarter. Jane Street Group LLC now owns 104,926 shares of the real estate investment trust’s stock valued at $3,068,000 after acquiring an additional 34,932 shares during the period. Intech Investment Management LLC raised its stake in shares of HA Sustainable Infrastructure Capital by 13.6% in 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 acquiring an additional 5,683 shares during the period. 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 acquiring an additional 3,139 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Wells Fargo & Company upped their price target on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Bank of America restated a “buy” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, August 18th. Morgan Stanley upped their target price on HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 18th. Royal Bank Of Canada increased their target price on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, UBS Group raised their target price on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the company a “buy” rating in a report on Friday, August 7th. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $47.40.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $40.07 on Friday. The company has a debt-to-equity ratio of 2.23, a current ratio of 8.89 and a quick ratio of 8.89. The company’s fifty day moving average price is $39.19 and its two-hundred day moving average price is $38.85. The firm has a market capitalization of $5.15 billion, a P/E ratio of 75.60, a P/E/G ratio of 1.29 and a beta of 1.43. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $27.28 and a 12 month high of $44.13.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $120.79 million for the quarter, compared to analyst estimates of $111.95 million. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. On average, research analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.75 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Friday, October 2nd will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.2%. 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.