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

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Get Free Report) have received an average rating of "Buy" from the thirteen brokerages that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $38.00.

HASI has been the subject of several analyst reports. Wall Street Zen cut shares of HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Robert W. Baird cut their price target 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. Finally, Wells Fargo & Company assumed coverage on HA Sustainable Infrastructure Capital in a research note on Thursday, February 27th. They set an "overweight" rating and a $33.00 target price for the company.

Institutional Trading of HA Sustainable Infrastructure Capital

A number of institutional investors have recently bought and sold shares of HASI. Blue Trust Inc. raised its holdings in shares of HA Sustainable Infrastructure Capital by 57.8% in the 4th quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust's stock valued at $29,000 after purchasing an additional 394 shares in the last quarter. KBC Group NV increased its stake in shares of HA Sustainable Infrastructure Capital by 68.0% in the fourth quarter. KBC Group NV now owns 5,399 shares of the real estate investment trust's stock worth $145,000 after acquiring an additional 2,186 shares during the period. State of Alaska Department of Revenue grew its holdings in HA Sustainable Infrastructure Capital by 1.3% during the fourth quarter. State of Alaska Department of Revenue now owns 67,335 shares of the real estate investment trust's stock worth $1,806,000 after acquiring an additional 880 shares during the period. Louisiana State Employees Retirement System grew its stake in shares of HA Sustainable Infrastructure Capital by 1.8% during the 4th quarter. Louisiana State Employees Retirement System now owns 57,300 shares of the real estate investment trust's stock worth $1,537,000 after purchasing an additional 1,000 shares during the period. Finally, MeadowBrook Investment Advisors LLC grew its position in shares of HA Sustainable Infrastructure Capital by 64.1% during the 4th quarter. MeadowBrook Investment Advisors LLC now owns 9,065 shares of the real estate investment trust's stock valued at $243,000 after acquiring an additional 3,542 shares during the period. 96.14% of the stock is currently owned by institutional investors.

HA Sustainable Infrastructure Capital Stock Performance

HA Sustainable Infrastructure Capital stock traded up $0.55 during mid-day trading on Friday, reaching $25.95. The company had a trading volume of 1,197,571 shares, compared to its average volume of 1,140,636. The firm has a market cap of $3.14 billion, a price-to-earnings ratio of 16.42, a PEG ratio of 1.06 and a beta of 1.68. HA Sustainable Infrastructure Capital has a 52 week low of $21.98 and a 52 week high of $36.56. The company has a 50 day moving average of $25.48 and a 200-day moving average of $27.50. The company has a quick ratio of 13.55, a current ratio of 11.25 and a debt-to-equity ratio of 1.83.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently declared 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 is Wednesday, July 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.47%. HA Sustainable Infrastructure Capital's payout ratio is currently 161.54%.

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.