Boston Common Asset Management LLC Cuts Stock Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Boston Common Asset Management LLC decreased its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 7.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 201,915 shares of the real estate investment trust’s stock after selling 17,032 shares during the quarter. Boston Common Asset Management LLC’s holdings in HA Sustainable Infrastructure Capital were worth $6,346,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew 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 worth $2,046,000 after buying an additional 4,212 shares in the last quarter. United Services Automobile Association bought a new position in shares of HA Sustainable Infrastructure Capital in the 1st quarter valued at about $222,000. Jane Street Group LLC lifted its holdings 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 last quarter. Intech Investment Management LLC grew its position in 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 acquiring an additional 5,683 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in HA Sustainable Infrastructure Capital by 12.9% in the second quarter. Cetera Investment Advisers now owns 27,544 shares of the real estate investment trust’s stock worth $740,000 after acquiring an additional 3,139 shares in the last quarter. Institutional investors own 96.14% of the company’s stock.

Insider Buying and Selling

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total value of $5,272,433.54. Following the transaction, the director directly owned 9,050 shares in the company, valued at $355,031.50. This represents a 93.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.00% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on HASI. Wells Fargo & Company upped their price objective on HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the company an “overweight” rating in a research report on Wednesday, February 18th. Mizuho boosted their target price on HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the company an “outperform” rating in a research report on Wednesday, March 4th. The Goldman Sachs Group increased their price target on HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the company a “neutral” rating in a report on Tuesday, February 17th. Morgan Stanley raised their price target on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, December 17th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $43.22.

HA Sustainable Infrastructure Capital Stock Down 1.4%

Shares of NYSE:HASI opened at $35.81 on Tuesday. The firm has a market capitalization of $4.60 billion, a PE ratio of 26.33, a price-to-earnings-growth ratio of 1.17 and a beta of 1.44. The business has a 50 day simple moving average of $36.17 and a two-hundred day simple moving average of $33.12. HA Sustainable Infrastructure Capital, Inc. has a 1 year low of $21.98 and a 1 year high of $40.01. The company has a debt-to-equity ratio of 1.94, a current ratio of 9.20 and a quick ratio of 9.20.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share for the quarter, hitting the consensus estimate of $0.67. The business had revenue of $114.81 million during the quarter, compared to the consensus estimate of $28.74 million. HA Sustainable Infrastructure Capital had a return on equity of 12.06% and a net margin of 46.08%.HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, equities analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current year.

HA Sustainable Infrastructure Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd will be given a $0.425 dividend. This is a positive change from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.70 annualized dividend and a yield of 4.7%. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 123.53%.

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.