Boston Common Asset Management LLC Purchases 117,855 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Key Points

• Boston Common Asset Management increased its stake in HA Sustainable Infrastructure Capital by 58.4% in Q1, buying 117,855 additional shares and bringing its total holding to 319,770 shares worth about $11.75 million.
• Wall Street sentiment is constructive: analysts including RBC, UBS, Wells Fargo, and Morgan Stanley raised price targets, with the stock carrying a consensus rating of “Moderate Buy” and an average target price of $46.90.
• HASI posted a strong quarterly beat, reporting $0.77 EPS versus the $0.68 estimate and revenue of $124.23 million, while also paying a quarterly dividend of $0.425 per share for a 4.4% yield.

Boston Common Asset Management LLC boosted its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 58.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 319,770 shares of the real estate investment trust's stock after purchasing an additional 117,855 shares during the period. Boston Common Asset Management LLC owned 0.25% of HA Sustainable Infrastructure Capital worth $11,752,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of HASI. Cetera Investment Advisers boosted 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 purchasing an additional 266 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in HA Sustainable Infrastructure Capital by 1.0% in the 1st 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 last quarter. Kestra Advisory Services LLC raised its holdings in HA Sustainable Infrastructure Capital by 1.7% in the 1st quarter. Kestra Advisory Services LLC now owns 19,788 shares of the real estate investment trust's stock valued at $727,000 after buying an additional 336 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in HA Sustainable Infrastructure Capital by 14.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the real estate investment trust's stock worth $85,000 after buying an additional 336 shares during the period. Finally, Pekin Hardy Strauss Inc. boosted its position in HA Sustainable Infrastructure Capital by 5.0% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 7,310 shares of the real estate investment trust's stock worth $230,000 after buying an additional 345 shares during the period. 96.14% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Royal Bank Of Canada upped their price target on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an "outperform" rating in a research report on Friday, May 8th. UBS Group raised their price target on shares of 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. Wells Fargo & Company lifted their price target on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an "overweight" rating in a report on Tuesday, May 12th. Weiss Ratings reissued a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, May 13th. Finally, Morgan Stanley increased their price objective on HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the company an "overweight" rating in a report on Wednesday, May 27th. Ten 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 presently has an average rating of "Moderate Buy" and a consensus target price of $46.90.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $38.47 on Monday. The business's 50 day simple moving average is $39.25 and its 200 day simple moving average is $37.65. HA Sustainable Infrastructure Capital, Inc. has a one year low of $24.38 and a one year high of $44.13. The stock has a market capitalization of $4.94 billion, a PE ratio of 109.92, a PEG 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.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last released its earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share for the quarter, beating analysts' consensus estimates of $0.68 by $0.09. The business had revenue of $124.23 million during the quarter, compared to the consensus estimate 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. As a group, research 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 company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd were given a dividend of $0.425 per share. The ex-dividend date was Thursday, July 2nd. This represents a $1.70 annualized dividend and a dividend yield of 4.4%. HA Sustainable Infrastructure Capital's dividend payout ratio is 485.71%.

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.

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