HA Sustainable Infrastructure Capital (NYSE:HASI) Rating Lowered to Hold at UBS Group

Key Points

• UBS Group downgraded HA Sustainable Infrastructure Capital from “strong buy” to “hold,” although the broader analyst consensus remains “Moderate Buy” with an average price target of $46.70.
• HASI shares fell 3.7% to open at $38.38, below the consensus target and near their 50-day and 200-day moving averages.
• The company recently exceeded quarterly expectations, reporting $0.75 in EPS versus $0.73 forecast and revenue of $120.79 million versus $111.95 million expected; institutional investors own 96.14% of its stock.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) was downgraded by equities researchers at UBS Group from a "strong-buy" rating to a "hold" rating in a research report issued to clients and investors on Friday, Zacks reports.

A number of other analysts also recently commented on HASI. Royal Bank Of Canada boosted their price objective on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an "outperform" rating in a report on Friday, May 8th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a report on Friday, August 7th. Morgan Stanley boosted their price target on HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 18th. Bank of America restated a "buy" rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, August 18th. Finally, Wells Fargo & Company raised their price objective on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the company an "overweight" rating in a research note on Tuesday, May 12th. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, HA Sustainable Infrastructure Capital presently has a consensus rating of "Moderate Buy" and an average price target of $46.70.

HA Sustainable Infrastructure Capital Trading Down 3.7%

NYSE:HASI opened at $38.38 on Friday. The stock has a fifty day moving average price of $39.22 and a two-hundred day moving average price of $38.92. The stock has a market capitalization of $4.93 billion, a price-to-earnings ratio of 72.42, a PEG ratio of 1.28 and a beta of 1.43. The company has a debt-to-equity ratio of 2.23, a quick ratio of 8.89 and a current ratio of 8.89. HA Sustainable Infrastructure Capital has a 1 year low of $27.28 and a 1 year high of $44.13.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last released its earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.02. HA Sustainable Infrastructure Capital had a return on equity of 13.62% and a net margin of 18.61%.The company had revenue of $120.79 million during the quarter, compared to the consensus estimate of $111.95 million. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. As a group, sell-side analysts anticipate that HA Sustainable Infrastructure Capital will post 2.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Several hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of HA Sustainable Infrastructure Capital by 6.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,956 shares of the real estate investment trust's stock valued at $2,046,000 after acquiring an additional 4,212 shares in the last quarter. United Services Automobile Association acquired a new position in HA Sustainable Infrastructure Capital in the 1st quarter valued at about $222,000. Jane Street Group LLC lifted its holdings in HA Sustainable Infrastructure Capital by 49.9% in the 1st quarter. Jane Street Group LLC now owns 104,926 shares of the real estate investment trust's stock valued at $3,068,000 after purchasing an additional 34,932 shares in the last quarter. Intech Investment Management LLC lifted its holdings in HA Sustainable Infrastructure Capital by 13.6% in the 1st quarter. Intech Investment Management LLC now owns 47,566 shares of the real estate investment trust's stock valued at $1,391,000 after purchasing an additional 5,683 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of HA Sustainable Infrastructure Capital by 12.9% during the 2nd quarter. Cetera Investment Advisers now owns 27,544 shares of the real estate investment trust's stock worth $740,000 after purchasing an additional 3,139 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.

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