HA Sustainable Infrastructure Capital, Inc. $HASI Shares Sold by Bank of Montreal Can

Bank of Montreal Can decreased its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 7.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,610 shares of the real estate investment trust’s stock after selling 1,622 shares during the quarter. Bank of Montreal Can’s holdings in HA Sustainable Infrastructure Capital were worth $554,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Values Added Financial LLC lifted its position in HA Sustainable Infrastructure Capital by 3.1% during the second quarter. Values Added Financial LLC now owns 14,621 shares of the real estate investment trust’s stock worth $393,000 after buying an additional 439 shares during the period. Amalgamated Bank increased its stake in shares of HA Sustainable Infrastructure Capital by 1.4% during the 2nd quarter. Amalgamated Bank now owns 34,316 shares of the real estate investment trust’s stock valued at $922,000 after acquiring an additional 489 shares during the last quarter. Signaturefd LLC lifted its holdings in shares of HA Sustainable Infrastructure Capital by 72.4% during the 1st quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 495 shares during the period. Louisiana State Employees Retirement System boosted its position in shares of HA Sustainable Infrastructure Capital by 0.9% in the second quarter. Louisiana State Employees Retirement System now owns 56,500 shares of the real estate investment trust’s stock worth $1,518,000 after acquiring an additional 500 shares during the last quarter. Finally, CWM LLC grew its holdings in HA Sustainable Infrastructure Capital by 12.4% in the second quarter. CWM LLC now owns 4,552 shares of the real estate investment trust’s stock valued at $122,000 after purchasing an additional 501 shares during the period. Hedge funds and other institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Stock Down 1.8%

NYSE HASI opened at $33.06 on Tuesday. The stock has a market cap of $4.18 billion, a PE ratio of 21.33, a P/E/G ratio of 1.05 and a beta of 1.63. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.98 and a fifty-two week high of $34.28. The business has a 50 day moving average price of $29.80 and a two-hundred day moving average price of $27.83. The company has a quick ratio of 10.81, a current ratio of 10.81 and a debt-to-equity ratio of 1.82.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11. The company had revenue of ($37.39) million for the quarter, compared to analyst estimates of $27.97 million. HA Sustainable Infrastructure Capital had a net margin of 56.17% and a return on equity of 10.85%. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. As a group, sell-side analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 9th. Stockholders of record on Monday, December 29th will be paid a dividend of $0.42 per share. The ex-dividend date is Monday, December 29th. This represents a $1.68 annualized dividend and a dividend yield of 5.1%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 72.10%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on HASI shares. The Goldman Sachs Group increased their price target on shares of HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their target price on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a report on Friday, September 19th. Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Finally, UBS Group boosted their price objective on shares of HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.25.

HA Sustainable Infrastructure Capital Company Profile

HA Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company’s portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.