Rathbones Group PLC Has $14.43 Million Holdings in HA Sustainable Infrastructure Capital, Inc. $HASI

Rathbones Group PLC cut its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 3.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 537,149 shares of the real estate investment trust’s stock after selling 19,761 shares during the period. Rathbones Group PLC owned approximately 0.44% of HA Sustainable Infrastructure Capital worth $14,428,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Zions Bancorporation National Association UT acquired a new stake in shares of HA Sustainable Infrastructure Capital in the first quarter worth about $29,000. Legend Financial Advisors Inc. bought a new position in shares of HA Sustainable Infrastructure Capital in the 2nd quarter valued at approximately $27,000. Signaturefd LLC raised its stake in shares of HA Sustainable Infrastructure Capital by 72.4% in the 1st quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 495 shares in the last quarter. Cheviot Value Management LLC acquired a new stake in HA Sustainable Infrastructure Capital in the 1st quarter worth approximately $70,000. Finally, Smartleaf Asset Management LLC boosted its position in HA Sustainable Infrastructure Capital by 94.9% during the first quarter. Smartleaf Asset Management LLC now owns 2,690 shares of the real estate investment trust’s stock worth $79,000 after purchasing an additional 1,310 shares during the period. 96.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on HASI. Wall Street Zen raised shares of HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, October 8th. UBS Group upped their price target on shares of HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a “buy” rating in a report on Monday, August 11th. The Goldman Sachs Group lifted their price objective on 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. Finally, JPMorgan Chase & Co. boosted their price objective on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an “overweight” rating in a research report on Friday, September 19th. Seven equities 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 has an average rating of “Moderate Buy” and a consensus target price of $38.13.

HA Sustainable Infrastructure Capital Stock Performance

NYSE:HASI opened at $32.06 on Monday. The firm’s 50-day moving average is $29.12 and its 200-day moving average is $27.47. The company has a market cap of $3.99 billion, a price-to-earnings ratio of 20.69, a PEG ratio of 1.05 and a beta of 1.63. The company has a debt-to-equity ratio of 1.82, a quick ratio of 10.81 and a current ratio of 10.81. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $21.98 and a 52-week high of $32.29.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.11. HA Sustainable Infrastructure Capital had a net margin of 56.17% and a return on equity of 10.85%. The business had revenue of ($37.39) million during the quarter, compared to analysts’ expectations of $27.97 million. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. Equities research analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Stockholders of record on Monday, December 29th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Monday, December 29th. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 72.10%.

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.