Boston Common Asset Management LLC Trims Stock Holdings in HA Sustainable Infrastructure Capital, Inc. $HASI

Boston Common Asset Management LLC reduced its stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 7.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 201,915 shares of the real estate investment trust’s stock after selling 17,032 shares during the period. Boston Common Asset Management LLC owned 0.16% of HA Sustainable Infrastructure Capital worth $6,346,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in HASI. Vanguard Group Inc. increased its holdings in HA Sustainable Infrastructure Capital by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 13,989,391 shares of the real estate investment trust’s stock worth $429,474,000 after acquiring an additional 198,441 shares in the last quarter. State Street Corp boosted its position in shares of HA Sustainable Infrastructure Capital by 1.8% in the second quarter. State Street Corp now owns 5,236,202 shares of the real estate investment trust’s stock worth $140,644,000 after purchasing an additional 91,359 shares during the period. Alliancebernstein L.P. boosted its position in shares of HA Sustainable Infrastructure Capital by 1.2% in the third quarter. Alliancebernstein L.P. now owns 4,406,564 shares of the real estate investment trust’s stock worth $135,282,000 after purchasing an additional 50,212 shares during the period. Amundi increased its stake in shares of HA Sustainable Infrastructure Capital by 10.7% in the third quarter. Amundi now owns 2,663,456 shares of the real estate investment trust’s stock worth $81,771,000 after purchasing an additional 256,939 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of HA Sustainable Infrastructure Capital by 18.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,060,698 shares of the real estate investment trust’s stock valued at $63,263,000 after purchasing an additional 323,361 shares during the period. 96.14% of the stock is currently owned by institutional investors.

HA Sustainable Infrastructure Capital Stock Performance

HASI opened at $35.81 on Tuesday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 9.20 and a current ratio of 9.20. The stock has a market capitalization of $4.60 billion, a price-to-earnings ratio of 26.33, a PEG ratio of 1.17 and a beta of 1.44. The company has a fifty day moving average of $36.17 and a 200 day moving average of $33.12. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.98 and a fifty-two week high of $40.01.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, hitting the consensus estimate of $0.67. The business had revenue of $114.81 million for the quarter, compared to analysts’ expectations of $28.74 million. HA Sustainable Infrastructure Capital had a net margin of 46.08% and a return on equity of 12.06%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, sell-side 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 company also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 2nd will be paid a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This is a boost from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. This represents a $1.70 dividend on an annualized basis and a yield of 4.7%. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 123.53%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on HASI. The Goldman Sachs Group upped their target price on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a report on Tuesday, February 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a report on Monday, December 29th. 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 research report on Tuesday, December 2nd. TD Cowen upped their price objective on HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Finally, Mizuho increased their target price on 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. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, HA Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and an average price target of $43.22.

Insider Buying and Selling

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of the firm’s stock in a transaction that occurred 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 owned 9,050 shares in the company, valued at $355,031.50. This trade represents a 93.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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.