Aristotle Capital Boston LLC Purchases 159,081 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Key Points

• Aristotle Capital Boston LLC increased its stake in HA Sustainable Infrastructure Capital by 13.9% (adding 159,081 shares) to 1,304,574 shares, a holding worth about $40.05 million and the firm's sixth-largest position.
• Analyst sentiment is broadly positive — 10 Buys and 2 Holds with an average target of $43.22 — and several firms recently raised targets (TD Cowen to $50, Mizuho to $41, Goldman to $38 neutral).
• Dividend and results: HASI raised its quarterly dividend to $0.425 (annualized $1.70, 4.8% yield) while reporting Q earnings of $0.67 EPS (in line) and guiding FY2028 EPS to $3.50–$3.60; dividend payout ratio is ~123.5%.

Aristotle Capital Boston LLC boosted its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 13.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,304,574 shares of the real estate investment trust's stock after acquiring an additional 159,081 shares during the period. HA Sustainable Infrastructure Capital makes up approximately 2.1% of Aristotle Capital Boston LLC's holdings, making the stock its 6th largest holding. Aristotle Capital Boston LLC owned approximately 1.03% of HA Sustainable Infrastructure Capital worth $40,050,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Salomon & Ludwin LLC bought a new stake in shares of HA Sustainable Infrastructure Capital during the third quarter valued at approximately $27,000. iSAM Funds UK Ltd bought a new position in HA Sustainable Infrastructure Capital in the third quarter worth $27,000. Hantz Financial Services Inc. lifted its position in HA Sustainable Infrastructure Capital by 630.9% in the third quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust's stock worth $41,000 after purchasing an additional 1,142 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in HA Sustainable Infrastructure Capital during the third quarter worth $67,000. Finally, Quadrant Capital Group LLC acquired a new stake in HA Sustainable Infrastructure Capital during the third quarter worth $72,000. Institutional investors own 96.14% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. The Goldman Sachs Group increased their price objective on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the company a "neutral" rating in a research note on Tuesday, February 17th. Weiss Ratings reiterated a "hold (c+)" rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday, December 29th. TD Cowen upped their target price on shares of HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the company a "buy" rating in a research note on Tuesday, February 17th. Oppenheimer reissued an "outperform" rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, December 16th. Finally, Mizuho raised their price target on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 4th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $43.22.

HA Sustainable Infrastructure Capital Stock Performance

HA Sustainable Infrastructure Capital stock opened at $35.41 on Friday. The firm has a market capitalization of $4.54 billion, a P/E ratio of 26.03, a P/E/G ratio of 1.14 and a beta of 1.44. The stock has a fifty day moving average price of $35.55 and a two-hundred day moving average price of $32.44. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $21.98 and a 52-week high of $40.01. The company has a debt-to-equity ratio of 1.94, a current ratio of 9.20 and a quick ratio of 9.20.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last issued its earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. HA Sustainable Infrastructure Capital had a net margin of 46.08% and a return on equity of 12.06%. The company had revenue of $114.81 million for the quarter, compared to the consensus estimate of $28.74 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, analysts anticipate that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS 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. Shareholders of record on Thursday, April 2nd will be given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 4.8%. This is a boost from HA Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. The ex-dividend date is Thursday, April 2nd. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 123.53%.

Insiders Place Their Bets

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of the company's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total transaction of $5,272,433.54. Following the sale, the director directly owned 9,050 shares of the company's stock, valued at approximately $355,031.50. This represents a 93.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate 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.

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