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

Hsbc Holdings PLC decreased its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 31.2% during the 1st quarter, HoldingsChannel.com reports. 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 SEC filing.

Other institutional investors also recently modified their holdings of the company. Cetera Investment Advisers grew its holdings 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 worth $974,000 after buying an additional 266 shares in the last quarter. Oregon Public Employees Retirement Fund grew its stake in shares of HA Sustainable Infrastructure Capital by 1.0% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 29,154 shares of the real estate investment trust’s stock worth $1,071,000 after acquiring an additional 300 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in shares of HA Sustainable Infrastructure Capital by 1.7% in the first quarter. Kestra Advisory Services LLC now owns 19,788 shares of the real estate investment trust’s stock valued at $727,000 after purchasing an additional 336 shares during the last quarter. Smartleaf Asset Management LLC lifted its position 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 worth $85,000 after purchasing an additional 336 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. grew its position in 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 purchasing an additional 345 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI opened at $38.49 on Tuesday. The company has a market cap of $4.94 billion, a PE ratio of 109.97, a price-to-earnings-growth ratio of 1.13 and a beta of 1.43. The firm has a 50-day moving average of $38.92 and a 200-day moving average of $37.92. HA Sustainable Infrastructure Capital, Inc. has a one year low of $24.38 and a one year high of $44.13. The company has a debt-to-equity ratio of 2.12, a current ratio of 12.10 and a quick ratio of 12.10.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. HA Sustainable Infrastructure Capital had a net margin of 13.08% and a return on equity of 12.80%. The company 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. As a group, equities analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.71 earnings per share for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently disclosed 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 was Thursday, July 2nd. This represents a $1.70 annualized dividend and a yield of 4.4%. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 485.71%.

Analyst Ratings Changes

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

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.