HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives Consensus Rating of "Buy" from Analysts

Key Points

• HA Sustainable Infrastructure Capital, Inc. has received a consensus rating of "Buy" from nine brokerages, with an average one-year price objective of $37.38.
• The company recently declared a quarterly dividend of $0.42 per share, representing an annualized dividend yield of 6.0%.
• Institutional investors own 96.14% of the company's stock, indicating strong institutional support and interest in HA Sustainable Infrastructure Capital.

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Get Free Report) have received a consensus recommendation of "Buy" from the nine brokerages that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $37.3750.

A number of equities analysts have recently weighed in on HASI shares. UBS Group upped their price target on shares of HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the stock a "buy" rating in a research note on Monday, August 11th. Wall Street Zen raised shares of HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th.

HA Sustainable Infrastructure Capital Stock Down 1.2%

Shares of HA Sustainable Infrastructure Capital stock opened at $27.99 on Friday. 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 has a one year low of $21.98 and a one year high of $36.56. The company has a market cap of $3.48 billion, a P/E ratio of 18.05, a PEG ratio of 1.06 and a beta of 1.58. The firm has a fifty day moving average of $27.19 and a two-hundred day moving average of $26.86.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be paid 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 dividend yield of 6.0%. HA Sustainable Infrastructure Capital's dividend payout ratio is 108.39%.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Institutional investors and hedge funds have recently made changes to their positions in the stock. Legend Financial Advisors Inc. acquired a new stake in HA Sustainable Infrastructure Capital in the 2nd quarter valued at about $27,000. Zions Bancorporation National Association UT acquired a new stake in HA Sustainable Infrastructure Capital in the 1st quarter valued at about $29,000. Signaturefd LLC grew its stake in HA Sustainable Infrastructure Capital by 72.4% in the 1st quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust's stock valued at $34,000 after acquiring an additional 495 shares during the last quarter. Garde Capital Inc. acquired a new stake in HA Sustainable Infrastructure Capital in the 1st quarter valued at about $35,000. Finally, Parallel Advisors LLC grew its stake in HA Sustainable Infrastructure Capital by 3,221.5% in the 1st quarter. Parallel Advisors LLC now owns 2,159 shares of the real estate investment trust's stock valued at $63,000 after acquiring an additional 2,094 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

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.

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