Neumeier Poma Investment Counsel LLC Purchases 106,046 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Neumeier Poma Investment Counsel LLC increased its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 9.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,267,489 shares of the real estate investment trust’s stock after buying an additional 106,046 shares during the quarter. HA Sustainable Infrastructure Capital accounts for 3.2% of Neumeier Poma Investment Counsel LLC’s portfolio, making the stock its 11th largest position. Neumeier Poma Investment Counsel LLC owned about 1.02% of HA Sustainable Infrastructure Capital worth $38,912,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of HASI. Swedbank AB boosted its stake in shares of HA Sustainable Infrastructure Capital by 4.8% in the 3rd quarter. Swedbank AB now owns 1,635,072 shares of the real estate investment trust’s stock valued at $50,197,000 after purchasing an additional 75,504 shares in the last quarter. Farther Finance Advisors LLC boosted its position in HA Sustainable Infrastructure Capital by 4,646.6% during the third quarter. Farther Finance Advisors LLC now owns 42,007 shares of the real estate investment trust’s stock valued at $1,290,000 after buying an additional 41,122 shares during the period. ABN AMRO Bank N.V. bought a new position in shares of HA Sustainable Infrastructure Capital during the second quarter valued at about $6,297,000. Baird Financial Group Inc. increased its holdings in shares of HA Sustainable Infrastructure Capital by 7.6% in the second quarter. Baird Financial Group Inc. now owns 533,666 shares of the real estate investment trust’s stock worth $14,334,000 after buying an additional 37,678 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of HA Sustainable Infrastructure Capital by 306.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 433,551 shares of the real estate investment trust’s stock valued at $13,310,000 after acquiring an additional 326,810 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on HASI shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday, December 29th. Wells Fargo & Company upped their price target on shares of HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. Royal Bank Of Canada reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, December 17th. TD Cowen boosted their price objective on shares of HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Finally, Jefferies Financial Group increased their target price on shares of HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $43.00.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HA Sustainable Infrastructure Capital stock opened at $36.88 on Thursday. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $21.98 and a 12 month high of $40.01. The firm has a market capitalization of $4.73 billion, a P/E ratio of 27.11, a P/E/G ratio of 1.28 and a beta of 1.45. The company has a current ratio of 9.20, a quick ratio of 9.20 and a debt-to-equity ratio of 1.94. The business has a fifty day simple moving average of $34.64 and a two-hundred day simple moving average of $31.70.

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

HA Sustainable Infrastructure Capital Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 4.6%. 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. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 123.53%.

Insider Activity at HA Sustainable Infrastructure Capital

In other news, Director Jeffrey Eckel sold 134,398 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $39.23, for a total transaction of $5,272,433.54. Following the completion of the transaction, the director directly owned 9,050 shares in the company, valued at $355,031.50. This trade represents a 93.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.00% of the company’s stock.

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.