Brokerages Set HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Price Target at $38.00

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Get Free Report) has been assigned an average recommendation of "Buy" from the twelve research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, ten have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $38.00.

HASI has been the topic of a number of research analyst reports. Wall Street Zen lowered HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Robert W. Baird lowered their target price on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Amalgamated Bank lifted its holdings in HA Sustainable Infrastructure Capital by 1.1% during the 4th quarter. Amalgamated Bank now owns 34,501 shares of the real estate investment trust's stock worth $926,000 after purchasing an additional 377 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of HA Sustainable Infrastructure Capital by 1.6% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 25,294 shares of the real estate investment trust's stock worth $679,000 after buying an additional 402 shares in the last quarter. Mutual of America Capital Management LLC boosted its position in shares of HA Sustainable Infrastructure Capital by 2.5% in the fourth quarter. Mutual of America Capital Management LLC now owns 17,947 shares of the real estate investment trust's stock valued at $482,000 after acquiring an additional 432 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 46.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,380 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 439 shares in the last quarter. Finally, Truist Financial Corp increased its position in HA Sustainable Infrastructure Capital by 5.1% during the fourth quarter. Truist Financial Corp now owns 9,293 shares of the real estate investment trust's stock worth $249,000 after acquiring an additional 449 shares during the period. Institutional investors own 96.14% of the company's stock.

HA Sustainable Infrastructure Capital Trading Up 0.1%

Shares of NYSE HASI traded up $0.04 during midday trading on Tuesday, reaching $27.26. 823,429 shares of the stock were exchanged, compared to its average volume of 1,198,906. HA Sustainable Infrastructure Capital has a 12 month low of $21.98 and a 12 month high of $36.56. The company has a market capitalization of $3.31 billion, a price-to-earnings ratio of 26.21, a P/E/G ratio of 1.01 and a beta of 1.68. The company has a debt-to-equity ratio of 1.91, a current ratio of 11.04 and a quick ratio of 11.04. The business has a 50-day simple moving average of $26.30 and a two-hundred day simple moving average of $27.05.

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Wednesday, July 2nd will be issued a $0.42 dividend. The ex-dividend date is Wednesday, July 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.16%. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 161.54%.

About HA Sustainable Infrastructure Capital

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.