HA Sustainable Infrastructure Capital (NYSE:HASI) Raised to "Hold" at Wall Street Zen

Key Points

• HA Sustainable Infrastructure Capital's rating was upgraded from "sell" to "hold" by Wall Street Zen, indicating a more favorable outlook.
• Robert W. Baird reduced the company's price target from $47.00 to $41.00, maintaining an "outperform" rating amidst mixed analyst opinions.
• Institutions currently own 96.14% of HA Sustainable Infrastructure Capital, with several hedge funds increasing their stakes in the company during the first quarter.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Saturday.

Separately, Robert W. Baird dropped 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 report on Tuesday, April 15th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, HA Sustainable Infrastructure Capital presently has a consensus rating of "Moderate Buy" and an average price target of $37.78.

HA Sustainable Infrastructure Capital Price Performance

NYSE:HASI traded up $1.36 on Friday, reaching $25.74. 1,673,545 shares of the company's stock traded hands, compared to its average volume of 1,169,575. The firm has a market cap of $3.13 billion, a PE ratio of 16.61, a P/E/G ratio of 0.96 and a beta of 1.62. The stock has a 50-day simple moving average of $26.55 and a 200-day simple moving average of $26.94. The company has a quick ratio of 11.04, a current ratio of 10.81 and a debt-to-equity ratio of 1.82. HA Sustainable Infrastructure Capital has a 12 month low of $21.98 and a 12 month high of $36.56.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

A number of large investors have recently bought and sold shares of HASI. Values Added Financial LLC grew its holdings in HA Sustainable Infrastructure Capital by 3.1% in the second quarter. Values Added Financial LLC now owns 14,621 shares of the real estate investment trust's stock worth $393,000 after purchasing an additional 439 shares during the last quarter. Amalgamated Bank grew its holdings in HA Sustainable Infrastructure Capital by 1.4% in the second quarter. Amalgamated Bank now owns 34,316 shares of the real estate investment trust's stock worth $922,000 after purchasing an additional 489 shares during the last quarter. Signaturefd LLC grew its holdings in HA Sustainable Infrastructure Capital by 72.4% in 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 last quarter. Louisiana State Employees Retirement System grew its holdings in HA Sustainable Infrastructure Capital by 0.9% in the second quarter. Louisiana State Employees Retirement System now owns 56,500 shares of the real estate investment trust's stock worth $1,518,000 after purchasing an additional 500 shares during the last quarter. Finally, CWM LLC grew its holdings in HA Sustainable Infrastructure Capital by 12.4% in the second quarter. CWM LLC now owns 4,552 shares of the real estate investment trust's stock worth $122,000 after purchasing an additional 501 shares during the last quarter. 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.