HA Sustainable Infrastructure Capital, Inc. $HASI Holdings Lowered by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC trimmed its stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 12.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 204,713 shares of the real estate investment trust’s stock after selling 28,068 shares during the period. Commonwealth Equity Services LLC’s holdings in HA Sustainable Infrastructure Capital were worth $6,434,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HASI. Alliancebernstein L.P. raised its position in shares of HA Sustainable Infrastructure Capital by 1,015.5% during the 2nd quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock worth $117,012,000 after buying an additional 3,965,832 shares in the last quarter. Norges Bank bought a new stake in shares of HA Sustainable Infrastructure Capital during the 4th quarter worth about $59,561,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of HA Sustainable Infrastructure Capital by 1,285.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,903,532 shares of the real estate investment trust’s stock worth $58,438,000 after buying an additional 1,766,093 shares in the last quarter. Marshall Wace LLP raised its position in shares of HA Sustainable Infrastructure Capital by 450.0% during the 3rd quarter. Marshall Wace LLP now owns 914,226 shares of the real estate investment trust’s stock worth $28,067,000 after buying an additional 748,010 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of HA Sustainable Infrastructure Capital by 27.4% during the 4th quarter. JPMorgan Chase & Co. now owns 2,625,977 shares of the real estate investment trust’s stock worth $82,535,000 after buying an additional 565,279 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on HASI. JPMorgan Chase & Co. boosted their price target on shares of HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Mizuho boosted their price target on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 4th. TD Cowen boosted their price target on shares of HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Wells Fargo & Company boosted 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. Finally, Citigroup boosted their target price on shares of HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, HA Sustainable Infrastructure Capital currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.90.

HA Sustainable Infrastructure Capital Stock Down 3.9%

NYSE HASI opened at $38.67 on Friday. The company has a debt-to-equity ratio of 2.12, a current ratio of 12.10 and a quick ratio of 12.10. The company’s 50 day simple moving average is $40.03 and its 200 day simple moving average is $36.52. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $24.38 and a 12 month high of $44.13. The company has a market capitalization of $4.97 billion, a P/E ratio of 110.49, a PEG ratio of 1.19 and a beta of 1.43.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. HA Sustainable Infrastructure Capital had a net margin of 13.08% and a return on equity of 12.80%. The business had revenue of $124.23 million for the quarter, compared to the consensus estimate of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Equities research analysts expect that HA Sustainable Infrastructure Capital, Inc. will post 2.7 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, July 10th. Investors of record on Thursday, July 2nd will be given a $0.425 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.4%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 485.71%.

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.