Aristotle Capital Boston LLC Sells 114,338 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Aristotle Capital Boston LLC lessened its stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 8.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,190,236 shares of the real estate investment trust’s stock after selling 114,338 shares during the quarter. HA Sustainable Infrastructure Capital comprises about 2.1% of Aristotle Capital Boston LLC’s investment portfolio, making the stock its 7th biggest holding. Aristotle Capital Boston LLC’s holdings in HA Sustainable Infrastructure Capital were worth $37,409,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Cetera Investment Advisers increased its stake in shares of HA Sustainable Infrastructure Capital by 0.9% during the fourth quarter. Cetera Investment Advisers now owns 30,998 shares of the real estate investment trust’s stock valued at $974,000 after acquiring an additional 266 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of HA Sustainable Infrastructure Capital by 14.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $85,000 after buying an additional 336 shares during the period. Pekin Hardy Strauss Inc. lifted its holdings in shares of HA Sustainable Infrastructure Capital by 5.0% in the fourth quarter. Pekin Hardy Strauss Inc. now owns 7,310 shares of the real estate investment trust’s stock valued at $230,000 after buying an additional 345 shares during the period. Stifel Financial Corp lifted its holdings in shares of HA Sustainable Infrastructure Capital by 0.9% in the fourth quarter. Stifel Financial Corp now owns 55,133 shares of the real estate investment trust’s stock valued at $1,733,000 after buying an additional 485 shares during the period. Finally, Cascade Financial Partners LLC lifted its holdings in shares of HA Sustainable Infrastructure Capital by 8.1% in the fourth quarter. Cascade Financial Partners LLC now owns 8,379 shares of the real estate investment trust’s stock valued at $263,000 after buying an additional 625 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Trading Down 2.4%

Shares of NYSE:HASI opened at $38.07 on Thursday. The stock has a market capitalization of $4.89 billion, a price-to-earnings ratio of 108.77, a PEG ratio of 1.15 and a beta of 1.43. HA Sustainable Infrastructure Capital, Inc. has a 1-year low of $24.38 and a 1-year high of $44.13. The company has a debt-to-equity ratio of 2.12, a quick ratio of 12.10 and a current ratio of 12.10. The company has a 50 day moving average price of $40.17 and a 200 day moving average price of $36.81.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. The firm had revenue of $124.23 million during the quarter, compared to analysts’ expectations of $112.24 million. HA Sustainable Infrastructure Capital had a net margin of 13.08% and a return on equity of 12.80%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, research analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.71 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, July 10th. Investors of record on Thursday, July 2nd will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 485.71%.

Analyst Ratings Changes

HASI has been the subject of several research analyst reports. Citigroup upped their price objective 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. Weiss Ratings restated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, May 13th. Wells Fargo & Company upped their price objective on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Royal Bank Of Canada upped their price objective on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. raised their target price on shares of HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, HA Sustainable Infrastructure Capital currently has an average rating of “Moderate Buy” and a consensus target price of $46.90.

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.