HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives Average Recommendation of “Buy” from Analysts

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has earned an average rating of “Buy” from the eleven research firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $37.90.

Several equities analysts have recently weighed in on the company. UBS Group raised their target price on HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a “buy” rating in a research report on Monday, August 11th. Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Several hedge funds and other institutional investors have recently made changes to their positions in HASI. Alliancebernstein L.P. lifted its position in shares of HA Sustainable Infrastructure Capital by 1,015.5% in the second quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock valued at $117,012,000 after acquiring an additional 3,965,832 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of HA Sustainable Infrastructure Capital by 441.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,997,416 shares of the real estate investment trust’s stock valued at $58,404,000 after purchasing an additional 1,628,182 shares during the last quarter. Norges Bank acquired a new stake in shares of HA Sustainable Infrastructure Capital in the second quarter valued at approximately $27,979,000. Tidal Investments LLC increased its holdings in shares of HA Sustainable Infrastructure Capital by 2,466.7% in the fourth quarter. Tidal Investments LLC now owns 699,275 shares of the real estate investment trust’s stock valued at $18,762,000 after purchasing an additional 672,031 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of HA Sustainable Infrastructure Capital in the first quarter valued at approximately $19,058,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $27.7990 on Wednesday. The company has a market capitalization of $3.46 billion, a P/E ratio of 17.93, a P/E/G ratio of 1.04 and a beta of 1.62. The business’s 50 day moving average is $26.76 and its two-hundred day moving average is $26.90. The company has a current ratio of 10.81, a quick ratio of 10.81 and a debt-to-equity ratio of 1.82. HA Sustainable Infrastructure Capital has a 12-month low of $21.98 and a 12-month high of $36.56.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Friday, October 3rd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 108.39%.

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.