HA Sustainable Infrastructure Capital (NYSE:HASI) Stock Price Expected to Rise, UBS Group Analyst Says

Key Points

• UBS Group has raised the price target for HA Sustainable Infrastructure Capital (NYSE:HASI) from $38.00 to $39.00, indicating a potential upside of 52.14% from its current price.
• While UBS maintains a "buy" rating, other analysts have mixed reviews, with Wall Street Zen upgrading to a "hold" and Robert W. Baird lowering their target from $47.00 to $41.00.
• HA Sustainable Infrastructure Capital's stock has recently decreased by 0.3% to $25.64, and the company has a market capitalization of $3.11 billion.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) had its price objective lifted by analysts at UBS Group from $38.00 to $39.00 in a research report issued on Monday,Benzinga reports. The firm currently has a "buy" rating on the real estate investment trust's stock. UBS Group's target price would indicate a potential upside of 41.05% from the company's previous close.

Several other research analysts have also weighed in on HASI. Wall Street Zen raised HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Robert W. Baird decreased their target price on shares of 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, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, HA Sustainable Infrastructure Capital currently has a consensus rating of "Moderate Buy" and an average price target of $37.90.

HA Sustainable Infrastructure Capital Price Performance

HA Sustainable Infrastructure Capital stock traded up $0.97 during mid-day trading on Monday, reaching $27.65. The company had a trading volume of 1,824,306 shares, compared to its average volume of 1,177,506. The company has a market cap of $3.44 billion, a P/E ratio of 17.84, a P/E/G ratio of 1.01 and a beta of 1.62. The business has a fifty day simple moving average of $26.70 and a 200 day simple moving average of $26.91. The company has a current ratio of 10.81, a quick ratio of 11.04 and a debt-to-equity ratio of 1.82. HA Sustainable Infrastructure Capital has a fifty-two week low of $21.98 and a fifty-two week high of $36.56.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in shares of HA Sustainable Infrastructure Capital by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 13,556,379 shares of the real estate investment trust's stock valued at $396,389,000 after buying an additional 311,184 shares in the last quarter. FMR LLC lifted its stake in shares of HA Sustainable Infrastructure Capital by 393.3% during the 4th quarter. FMR LLC now owns 5,688,560 shares of the real estate investment trust's stock valued at $152,624,000 after buying an additional 4,535,345 shares in the last quarter. State Street Corp lifted its stake in shares of HA Sustainable Infrastructure Capital by 1.8% during the 2nd quarter. State Street Corp now owns 5,236,202 shares of the real estate investment trust's stock valued at $140,644,000 after buying an additional 91,359 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in HA Sustainable Infrastructure Capital by 7.0% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,020,891 shares of the real estate investment trust's stock worth $146,811,000 after acquiring an additional 330,314 shares during the period. Finally, Alliancebernstein L.P. increased its holdings in HA Sustainable Infrastructure Capital by 1,015.5% during the 2nd quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust's stock worth $117,012,000 after acquiring an additional 3,965,832 shares during the period. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

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.