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

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) have received an average rating of “Moderate Buy” from the nine ratings firms that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $38.1250.

HASI has been the topic of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. UBS Group upped their price target on shares of HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a “buy” rating in a research note on Monday, August 11th. The Goldman Sachs Group upped their price target on shares of HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “neutral” rating in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. upped their price target on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Friday, September 19th.

HA Sustainable Infrastructure Capital Stock Up 0.9%

HA Sustainable Infrastructure Capital stock opened at $29.75 on Thursday. The firm has a market capitalization of $3.70 billion, a PE ratio of 19.19, a P/E/G ratio of 1.10 and a beta of 1.61. The company’s 50-day moving average is $28.40 and its 200-day moving average is $26.97. HA Sustainable Infrastructure Capital has a fifty-two week low of $21.98 and a fifty-two week high of $36.56. The company has a debt-to-equity ratio of 1.82, a current ratio of 10.81 and a quick ratio of 10.81.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Friday, October 3rd will be paid a $0.42 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.68 dividend on an annualized basis and a yield of 5.6%. HA Sustainable Infrastructure Capital’s dividend payout ratio is 108.39%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Legend Financial Advisors Inc. acquired a new position in HA Sustainable Infrastructure Capital in the 2nd quarter valued at about $27,000. Zions Bancorporation National Association UT bought a new stake in HA Sustainable Infrastructure Capital in the 1st quarter valued at about $29,000. Signaturefd LLC boosted its holdings in HA Sustainable Infrastructure Capital by 72.4% in the 1st quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 495 shares during the period. Garde Capital Inc. bought a new stake in HA Sustainable Infrastructure Capital in the 1st quarter valued at about $35,000. Finally, Cheviot Value Management LLC bought a new stake in HA Sustainable Infrastructure Capital in the 1st quarter valued at about $70,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

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.