Rockefeller Capital Management L.P. Sells 452,590 Shares of HA Sustainable Infrastructure Capital, Inc. $HASI

Rockefeller Capital Management L.P. cut its holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 23.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,465,474 shares of the real estate investment trust’s stock after selling 452,590 shares during the period. Rockefeller Capital Management L.P.’s holdings in HA Sustainable Infrastructure Capital were worth $46,060,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. iSAM Funds UK Ltd purchased a new stake in HA Sustainable Infrastructure Capital during the 3rd quarter valued at approximately $27,000. Triumph Capital Management bought a new position in HA Sustainable Infrastructure Capital during the 4th quarter valued at about $29,000. Northwestern Mutual Wealth Management Co. raised its position in HA Sustainable Infrastructure Capital by 101.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 977 shares during the period. Hantz Financial Services Inc. lifted its stake in HA Sustainable Infrastructure Capital by 60.4% in the fourth quarter. Hantz Financial Services Inc. now owns 2,122 shares of the real estate investment trust’s stock worth $67,000 after purchasing an additional 799 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new stake in HA Sustainable Infrastructure Capital in the third quarter worth about $67,000. 96.14% of the stock is currently owned by institutional investors.

HA Sustainable Infrastructure Capital Stock Down 0.0%

Shares of HA Sustainable Infrastructure Capital stock opened at $39.05 on Friday. 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, Inc. has a 1 year low of $24.38 and a 1 year high of $44.13. The firm’s 50-day moving average is $40.21 and its two-hundred day moving average is $36.85. The stock has a market cap of $5.02 billion, a price-to-earnings ratio of 111.59, a PEG ratio of 1.15 and a beta of 1.43.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 EPS for the quarter, beating the consensus estimate 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 business had revenue of $124.23 million during the quarter, compared to analyst estimates of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, research analysts expect that HA Sustainable Infrastructure Capital, Inc. will post 2.71 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Thursday, July 2nd will be paid a $0.425 dividend. The ex-dividend date of this dividend is 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 485.71%.

Analysts Set New Price Targets

A number of research analysts have recently commented on HASI shares. Citigroup upped their target price on HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Morgan Stanley boosted 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. JPMorgan Chase & Co. upped their price objective on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Wells Fargo & Company increased their target price on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Finally, Royal Bank Of Canada lifted their target price on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Ten research analysts have rated the stock with a Buy rating and two have issued 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 a consensus price target 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.