HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has been rated with a "Moderate Buy" by nine brokerage firms, with a consensus 12-month price target of $38.1250.
• The company recently announced a quarterly dividend of $0.42 per share, which represents an annualized yield of 5.5% and a payout ratio of 108.39%.
• Institutional investors hold 96.14% of HA Sustainable Infrastructure Capital's stock, indicating significant confidence in the company's potential.

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Get Free Report) have been given an average rating of "Moderate Buy" by the nine ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $38.1250.

A number of research firms recently commented on HASI. UBS Group increased their price objective on HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. The Goldman Sachs Group upped their target price on HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a "neutral" rating in a research report on Wednesday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday. Finally, JPMorgan Chase & Co. upped their target price on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an "overweight" rating in a research report on Friday, September 19th.

Institutional Investors Weigh In On HA Sustainable Infrastructure Capital

Large investors have recently added to or reduced their stakes in the stock. Zions Bancorporation National Association UT bought a new stake in HA Sustainable Infrastructure Capital during the first quarter worth approximately $29,000. Legend Financial Advisors Inc. bought a new stake in HA Sustainable Infrastructure Capital during the second quarter worth approximately $27,000. Signaturefd LLC boosted its position in 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 HA Sustainable Infrastructure Capital during the first quarter worth approximately $35,000. Finally, Cheviot Value Management LLC acquired a new position in shares of HA Sustainable Infrastructure Capital during the first quarter worth approximately $70,000. Institutional investors own 96.14% of the company's stock.

HA Sustainable Infrastructure Capital Trading Down 0.1%

NYSE:HASI opened at $30.73 on Thursday. The stock's 50 day moving average price is $28.14 and its 200 day moving average price is $26.99. HA Sustainable Infrastructure Capital has a 52 week low of $21.98 and a 52 week high of $36.56. The company has a market capitalization of $3.82 billion, a P/E ratio of 19.83, a P/E/G ratio of 1.15 and a beta of 1.61. The company has a debt-to-equity ratio of 1.82, a quick ratio of 10.81 and a current ratio of 10.81.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.68 dividend on an annualized basis and a yield of 5.5%. HA Sustainable Infrastructure Capital's dividend payout ratio is presently 108.39%.

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.

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