HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) have been given an average recommendation of “Moderate Buy” by the ten ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $40.00.

A number of brokerages have weighed in on HASI. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th. Wells Fargo & Company lifted their target price on shares of HA Sustainable Infrastructure Capital from $33.00 to $37.00 and gave the company an “overweight” rating in a report on Friday, December 19th. UBS Group increased their price target on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a report on Monday, November 10th. Jefferies Financial Group boosted their price objective on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, December 16th.

HA Sustainable Infrastructure Capital Stock Performance

Shares of NYSE:HASI opened at $36.67 on Wednesday. The business has a 50-day moving average of $33.60 and a two-hundred day moving average of $30.83. The firm has a market capitalization of $4.64 billion, a PE ratio of 15.74, a P/E/G ratio of 1.27 and a beta of 1.45. The company has a debt-to-equity ratio of 1.93, a current ratio of 11.03 and a quick ratio of 11.03. HA Sustainable Infrastructure Capital has a 12 month low of $21.98 and a 12 month high of $37.15.

Institutional Trading of HA Sustainable Infrastructure Capital

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of HA Sustainable Infrastructure Capital by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 14,050,580 shares of the real estate investment trust’s stock valued at $441,610,000 after purchasing an additional 61,189 shares during the period. State Street Corp lifted its holdings in HA Sustainable Infrastructure Capital by 1.8% in the 2nd quarter. State Street Corp now owns 5,236,202 shares of the real estate investment trust’s stock worth $140,644,000 after buying an additional 91,359 shares in the last quarter. Alliancebernstein L.P. boosted its position in HA Sustainable Infrastructure Capital by 1.2% in the 3rd quarter. Alliancebernstein L.P. now owns 4,406,564 shares of the real estate investment trust’s stock valued at $135,282,000 after buying an additional 50,212 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 2,944,810 shares of the real estate investment trust’s stock valued at $92,572,000 after acquiring an additional 54,898 shares in the last quarter. Finally, Amundi increased its position in shares of HA Sustainable Infrastructure Capital by 10.7% during the third quarter. Amundi now owns 2,663,456 shares of the real estate investment trust’s stock worth $81,771,000 after acquiring an additional 256,939 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Company 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.