Rathbones Group PLC Lowers Holdings in HA Sustainable Infrastructure Capital, Inc. $HASI

Rathbones Group PLC decreased its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 16.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 394,662 shares of the real estate investment trust’s stock after selling 77,222 shares during the period. Rathbones Group PLC’s holdings in HA Sustainable Infrastructure Capital were worth $14,504,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Alliancebernstein L.P. raised its holdings in HA Sustainable Infrastructure Capital by 1,015.5% in the second 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 during the last quarter. Norges Bank bought a new position in shares of HA Sustainable Infrastructure Capital in the fourth quarter worth approximately $59,561,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of HA Sustainable Infrastructure Capital by 1,285.0% during the third 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 valued at $58,438,000 after buying an additional 1,766,093 shares during the last quarter. Schroder Investment Management Group grew its holdings in shares of HA Sustainable Infrastructure Capital by 140.4% during the fourth quarter. Schroder Investment Management Group now owns 2,248,200 shares of the real estate investment trust’s stock valued at $70,661,000 after buying an additional 1,313,105 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. increased its position in shares of HA Sustainable Infrastructure Capital by 24.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust’s stock valued at $207,578,000 after acquiring an additional 1,282,466 shares in the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Stock Up 2.0%

HASI opened at $38.63 on Tuesday. The company has a quick ratio of 12.10, a current ratio of 12.10 and a debt-to-equity ratio of 2.12. The firm has a 50 day moving average price of $38.70 and a 200-day moving average price of $38.09. HA Sustainable Infrastructure Capital, Inc. has a twelve month low of $24.38 and a twelve month high of $44.13. The stock has a market capitalization of $4.96 billion, a price-to-earnings ratio of 110.37, a PEG ratio of 1.12 and a beta of 1.43.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share for the quarter, beating 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 company 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 forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.71 earnings per share for the current year.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd were 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 of this dividend was Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 485.71%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on HASI shares. UBS Group upped their price objective on HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Morgan Stanley lifted their target price on HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the stock an “overweight” rating in a report on Wednesday, May 27th. Royal Bank Of Canada boosted their price target on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Citigroup upped their price target on HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Finally, Wells Fargo & Company increased 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 research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $46.90.

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.