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

Rathbones Group PLC trimmed its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 11.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 477,092 shares of the real estate investment trust’s stock after selling 60,057 shares during the quarter. Rathbones Group PLC owned 0.38% of HA Sustainable Infrastructure Capital worth $14,647,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Salomon & Ludwin LLC acquired a new position in HA Sustainable Infrastructure Capital in the third quarter valued at about $27,000. Hantz Financial Services Inc. raised its stake in shares of HA Sustainable Infrastructure Capital by 630.9% in the 3rd 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. Aster Capital Management DIFC Ltd acquired a new position in shares of HA Sustainable Infrastructure Capital in the 3rd quarter worth approximately $67,000. GAMMA Investing LLC lifted its holdings in shares of HA Sustainable Infrastructure Capital by 12.5% in the 3rd quarter. GAMMA Investing LLC now owns 5,928 shares of the real estate investment trust’s stock worth $182,000 after acquiring an additional 657 shares during the last quarter. Finally, Peddock Capital Advisors LLC purchased a new position in shares of HA Sustainable Infrastructure Capital during the 3rd quarter worth approximately $201,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Price Performance

HASI stock opened at $35.89 on Monday. The company has a debt-to-equity ratio of 1.94, a current ratio of 9.20 and a quick ratio of 9.20. The firm has a market capitalization of $4.60 billion, a P/E ratio of 26.39, a P/E/G ratio of 1.24 and a beta of 1.44. The business’s 50-day moving average is $35.14 and its two-hundred day moving average is $32.20. HA Sustainable Infrastructure Capital, Inc. has a 1 year low of $21.98 and a 1 year high of $40.01.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.67. HA Sustainable Infrastructure Capital had a return on equity of 12.06% and a net margin of 46.08%.The business had revenue of $114.81 million during the quarter, compared to analysts’ expectations of $28.74 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Analysts anticipate 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 company also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd will be issued a dividend of $0.425 per share. This is a boost from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. The ex-dividend date 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 (DPR) is presently 123.53%.

Analysts Set New Price Targets

Several research firms recently weighed in on HASI. UBS Group lifted their target price on shares of HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Royal Bank Of Canada restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th. Oppenheimer reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th. Morgan Stanley boosted their price objective on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the company an “overweight” rating in a report on Tuesday, December 2nd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday, December 29th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, HA Sustainable Infrastructure Capital currently has an average rating of “Moderate Buy” and a consensus price target of $43.22.

Insider Activity at HA Sustainable Infrastructure Capital

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of the stock in a transaction that occurred on 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 sale, the director directly owned 9,050 shares of the company’s stock, valued at approximately $355,031.50. This represents a 93.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 2.00% of the company’s stock.

HA Sustainable Infrastructure Capital 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.