HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Given Consensus Recommendation of "Buy" by Analysts

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Get Free Report) have earned a consensus recommendation of "Buy" from the twelve brokerages that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $38.00.

Several research analysts have recently commented on HASI shares. Robert W. Baird lowered their target price on shares of HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Wall Street Zen cut HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd.

HA Sustainable Infrastructure Capital Stock Performance

HASI traded down $0.19 on Tuesday, reaching $27.22. The company had a trading volume of 1,215,025 shares, compared to its average volume of 1,197,763. The company has a debt-to-equity ratio of 1.91, a quick ratio of 11.04 and a current ratio of 11.04. The stock has a market cap of $3.31 billion, a P/E ratio of 12.40, a P/E/G ratio of 1.02 and a beta of 1.68. The company's fifty day moving average is $26.15 and its 200 day moving average is $27.06. HA Sustainable Infrastructure Capital has a fifty-two week low of $21.98 and a fifty-two week high of $36.56.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Wednesday, July 2nd will be given a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 6.17%. HA Sustainable Infrastructure Capital's dividend payout ratio is currently 161.54%.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Zions Bancorporation National Association UT acquired a new stake in HA Sustainable Infrastructure Capital during the 1st quarter worth approximately $29,000. Signaturefd LLC lifted its holdings in shares of HA Sustainable Infrastructure Capital by 72.4% during the first quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust's stock worth $34,000 after purchasing an additional 495 shares during the period. Garde Capital Inc. bought a new stake in shares of HA Sustainable Infrastructure Capital in the first quarter worth $35,000. Smartleaf Asset Management LLC increased its holdings in 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 purchasing an additional 439 shares during the period. Finally, Millstone Evans Group LLC bought a new position in HA Sustainable Infrastructure Capital during the 4th quarter worth $47,000. Institutional investors and hedge funds own 96.14% of the company's stock.

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.