Norges Bank Purchases Shares of 1,895,047 HA Sustainable Infrastructure Capital, Inc. $HASI

Norges Bank purchased a new stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 1,895,047 shares of the real estate investment trust’s stock, valued at approximately $59,561,000.

Other large investors also recently bought and sold shares of the company. iSAM Funds UK Ltd acquired a new position in HA Sustainable Infrastructure Capital in the third quarter valued at approximately $27,000. Hantz Financial Services Inc. lifted 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 valued at $41,000 after acquiring an additional 1,142 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in HA Sustainable Infrastructure Capital by 101.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 977 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in HA Sustainable Infrastructure Capital in the third quarter valued at approximately $67,000. Finally, Quadrant Capital Group LLC acquired a new position in HA Sustainable Infrastructure Capital in the third quarter valued at approximately $72,000. 96.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

HASI has been the subject of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, May 13th. UBS Group boosted their price target on HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the company a “buy” rating in a report on Friday, May 8th. JPMorgan Chase & Co. boosted their price target on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the company an “overweight” rating in a report on Monday, May 11th. TD Cowen boosted their price target on HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Finally, Wells Fargo & Company boosted their price objective on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Ten investment 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 stock has an average rating of “Moderate Buy” and a consensus target price of $46.90.

HA Sustainable Infrastructure Capital Stock Up 0.0%

Shares of HASI opened at $38.67 on Monday. The company has a debt-to-equity ratio of 2.12, a quick ratio of 12.10 and a current ratio of 12.10. HA Sustainable Infrastructure Capital, Inc. has a one year low of $24.38 and a one year high of $44.13. The stock has a market capitalization of $4.97 billion, a price-to-earnings ratio of 110.49, a PEG ratio of 1.15 and a beta of 1.43. The stock has a 50 day moving average price of $40.03 and a 200 day moving average price of $36.55.

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

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd will be issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s payout ratio is currently 485.71%.

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.