Hsbc Holdings PLC Sells 15,706 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Hsbc Holdings PLC lessened its holdings in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 31.2% in the first quarter, according to its most recent filing with the SEC. The firm owned 34,557 shares of the real estate investment trust’s stock after selling 15,706 shares during the period. Hsbc Holdings PLC’s holdings in HA Sustainable Infrastructure Capital were worth $1,270,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. Kestra Advisory Services LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 1.7% during the first quarter. Kestra Advisory Services LLC now owns 19,788 shares of the real estate investment trust’s stock worth $727,000 after purchasing an additional 336 shares during the period. Oregon Public Employees Retirement Fund lifted its stake in HA Sustainable Infrastructure Capital by 1.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 29,154 shares of the real estate investment trust’s stock valued at $1,071,000 after buying an additional 300 shares during the period. Hartline Investment Corp boosted its holdings in HA Sustainable Infrastructure Capital by 28.4% during the first quarter. Hartline Investment Corp now owns 13,504 shares of the real estate investment trust’s stock worth $496,000 after buying an additional 2,990 shares during the last quarter. Abel Hall LLC boosted its holdings in HA Sustainable Infrastructure Capital by 4.3% during the first quarter. Abel Hall LLC now owns 19,362 shares of the real estate investment trust’s stock worth $712,000 after buying an additional 803 shares during the last quarter. Finally, Keybank National Association OH grew its position in shares of HA Sustainable Infrastructure Capital by 17.3% during the 1st quarter. Keybank National Association OH now owns 15,516 shares of the real estate investment trust’s stock worth $570,000 after buying an additional 2,284 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Trading Up 0.3%

NYSE HASI opened at $38.49 on Tuesday. The firm has a market cap of $4.94 billion, a P/E ratio of 109.97, a P/E/G ratio of 1.13 and a beta of 1.43. The company has a debt-to-equity ratio of 2.12, a current ratio of 12.10 and a quick ratio of 12.10. The stock’s 50-day moving average is $38.92 and its 200-day moving average is $37.92. HA Sustainable Infrastructure Capital, Inc. has a one year low of $24.38 and a one year high of $44.13.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.09. HA Sustainable Infrastructure Capital had a return on equity of 12.80% and a net margin of 13.08%.The business had revenue of $124.23 million for the quarter, compared to analysts’ expectations of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Sell-side analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.71 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 2nd were paid a $0.425 dividend. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $1.70 dividend on an annualized basis and a yield of 4.4%. HA Sustainable Infrastructure Capital’s payout ratio is presently 485.71%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on HASI shares. UBS Group upped their price target on HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Royal Bank Of Canada lifted their price objective on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Morgan Stanley boosted their price objective on shares of HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the company an “overweight” rating in a report on Wednesday, May 27th. JPMorgan Chase & Co. upped their target price on shares of HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, May 13th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $46.90.

HA Sustainable Infrastructure Capital Company 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.