HA Sustainable Infrastructure Capital (NYSE:HASI) Price Target Lowered to $41.00 at Robert W. Baird

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) had its price objective decreased by stock analysts at Robert W. Baird from $47.00 to $41.00 in a report released on Tuesday,Benzinga reports. The brokerage presently has an "outperform" rating on the real estate investment trust's stock. Robert W. Baird's target price would indicate a potential upside of 69.37% from the company's previous close.

Several other research analysts have also commented on the stock. Wells Fargo & Company began coverage on shares of HA Sustainable Infrastructure Capital in a research note on Thursday, February 27th. They set an "overweight" rating and a $33.00 price objective for the company. The Goldman Sachs Group dropped their price objective on shares of HA Sustainable Infrastructure Capital from $32.00 to $31.00 and set a "neutral" rating on the stock in a report on Tuesday, December 17th. Truist Financial started coverage on shares of HA Sustainable Infrastructure Capital in a report on Thursday, February 6th. They set a "buy" rating and a $40.00 target price for the company. Citigroup raised shares of HA Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 target price for the company in a report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. lowered their price target on HA Sustainable Infrastructure Capital from $42.00 to $39.00 and set an "overweight" rating on the stock in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $39.29.

HA Sustainable Infrastructure Capital Stock Up 1.5 %

HA Sustainable Infrastructure Capital stock traded up $0.37 during midday trading on Tuesday, hitting $24.21. 939,916 shares of the company's stock were exchanged, compared to its average volume of 1,145,882. The company has a debt-to-equity ratio of 1.83, a quick ratio of 13.55 and a current ratio of 11.25. The company has a market cap of $2.93 billion, a PE ratio of 15.32, a P/E/G ratio of 1.06 and a beta of 1.83. The firm has a 50-day moving average of $27.69 and a two-hundred day moving average of $29.21. HA Sustainable Infrastructure Capital has a 12 month low of $21.98 and a 12 month high of $36.56.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates of $0.59 by ($0.02). HA Sustainable Infrastructure Capital had a return on equity of 11.84% and a net margin of 52.15%. The company had revenue of $37.74 million for the quarter, compared to analysts' expectations of $25.93 million. As a group, analysts expect that HA Sustainable Infrastructure Capital will post 2.45 earnings per share for the current fiscal year.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HASI. HighTower Advisors LLC grew its holdings in HA Sustainable Infrastructure Capital by 26.6% during the 3rd quarter. HighTower Advisors LLC now owns 17,074 shares of the real estate investment trust's stock worth $592,000 after acquiring an additional 3,589 shares in the last quarter. MML Investors Services LLC purchased a new stake in HA Sustainable Infrastructure Capital in the third quarter valued at approximately $352,000. Barclays PLC boosted its stake in HA Sustainable Infrastructure Capital by 1.5% during the 3rd quarter. Barclays PLC now owns 476,940 shares of the real estate investment trust's stock worth $16,441,000 after purchasing an additional 6,911 shares during the period. Geode Capital Management LLC grew its holdings in shares of HA Sustainable Infrastructure Capital by 2.1% during the third quarter. Geode Capital Management LLC now owns 2,636,884 shares of the real estate investment trust's stock worth $90,912,000 after buying an additional 53,799 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of HA Sustainable Infrastructure Capital in the 3rd quarter valued at approximately $73,000. Hedge funds and other institutional investors own 96.14% of the company's stock.

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.