AGF Management Ltd. Decreases Position in HA Sustainable Infrastructure Capital, Inc. $HASI

AGF Management Ltd. cut its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 31.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 237,379 shares of the real estate investment trust’s stock after selling 109,995 shares during the period. AGF Management Ltd. owned approximately 0.19% of HA Sustainable Infrastructure Capital worth $7,288,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of HASI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of HA Sustainable Infrastructure Capital by 6.4% in the 1st 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 last quarter. United Services Automobile Association bought a new stake in HA Sustainable Infrastructure Capital in the first quarter valued at approximately $222,000. Jane Street Group LLC boosted its stake 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 valued at $3,068,000 after purchasing an additional 34,932 shares during the period. Intech Investment Management LLC grew its holdings in shares of HA Sustainable Infrastructure Capital by 13.6% in the first quarter. Intech Investment Management LLC now owns 47,566 shares of the real estate investment trust’s stock worth $1,391,000 after purchasing an additional 5,683 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its holdings in shares of HA Sustainable Infrastructure Capital by 3.2% in the second quarter. Robeco Institutional Asset Management B.V. now owns 106,741 shares of the real estate investment trust’s stock worth $2,867,000 after purchasing an additional 3,290 shares during the last quarter. 96.14% of the stock is owned by institutional investors.

HA Sustainable Infrastructure Capital Price Performance

Shares of NYSE HASI opened at $34.43 on Tuesday. HA Sustainable Infrastructure Capital, Inc. has a 1 year low of $21.98 and a 1 year high of $35.16. The stock has a market capitalization of $4.36 billion, a P/E ratio of 14.77, a P/E/G ratio of 1.19 and a beta of 1.45. The company’s 50-day moving average is $33.36 and its 200 day moving average is $30.48. The company has a debt-to-equity ratio of 1.93, a current ratio of 11.03 and a quick ratio of 11.03.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $0.80 EPS for the quarter, topping the consensus estimate of $0.69 by $0.11. HA Sustainable Infrastructure Capital had a net margin of 79.69% and a return on equity of 11.97%. The business had revenue of ($37.39) million during the quarter, compared to analyst estimates of $27.97 million. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. On average, sell-side analysts expect that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current 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 issued a $0.42 dividend. The ex-dividend date was Monday, December 29th. This represents a $1.68 dividend on an annualized basis and a yield of 4.9%. HA Sustainable Infrastructure Capital’s dividend payout ratio is 72.10%.

Wall Street Analyst Weigh In

HASI has been the subject of several analyst reports. UBS Group increased their price target on shares of HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday, December 29th. Royal Bank Of Canada reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, December 17th. Jefferies Financial Group raised their target price on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. Finally, The Goldman Sachs Group upped their price target on 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. Nine investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $40.00.

About HA Sustainable Infrastructure Capital

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.