HA Sustainable Infrastructure Capital (NYSE:HASI) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $37.39 and traded as low as $37.12. HA Sustainable Infrastructure Capital shares last traded at $37.42, with a volume of 730,513 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company increased 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 research note on Tuesday, May 12th. JPMorgan Chase & Co. upped their target price on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Weiss Ratings reissued a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, May 13th. Citigroup raised 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. Finally, Royal Bank Of Canada upped their price target on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $46.90.

HA Sustainable Infrastructure Capital Stock Down 0.6%

The company has a quick ratio of 12.10, a current ratio of 12.10 and a debt-to-equity ratio of 2.12. The company’s fifty day moving average price is $39.76 and its 200-day moving average price is $37.39. The stock has a market capitalization of $4.81 billion, a PE ratio of 106.91, a price-to-earnings-growth ratio of 1.11 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 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.09. The company had revenue of $124.23 million for the quarter, compared to the consensus estimate of $112.24 million. HA Sustainable Infrastructure Capital had a return on equity of 12.80% and a net margin of 13.08%.HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. 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 business also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 485.71%.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in HA Sustainable Infrastructure Capital by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 14,050,580 shares of the real estate investment trust’s stock worth $441,610,000 after purchasing an additional 61,189 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its stake in HA Sustainable Infrastructure Capital by 24.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust’s stock valued at $207,578,000 after purchasing an additional 1,282,466 shares in the last quarter. State Street Corp raised its holdings in HA Sustainable Infrastructure Capital by 2.0% in the fourth quarter. State Street Corp now owns 5,417,644 shares of the real estate investment trust’s stock worth $172,499,000 after buying an additional 108,376 shares during the last quarter. Alliancebernstein L.P. lifted its stake in shares of HA Sustainable Infrastructure Capital by 1.2% in the third quarter. Alliancebernstein L.P. now owns 4,406,564 shares of the real estate investment trust’s stock worth $135,282,000 after buying an additional 50,212 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of HA Sustainable Infrastructure Capital by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 2,944,810 shares of the real estate investment trust’s stock worth $92,572,000 after buying an additional 54,898 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

About HA Sustainable Infrastructure Capital

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.