Weiss Ratings Reaffirms Hold (C) Rating for HA Sustainable Infrastructure Capital (NYSE:HASI)

Key Points

• Weiss Ratings has reaffirmed a "Hold (C)" rating for HA Sustainable Infrastructure Capital (NYSE:HASI), indicating a cautious approach towards the stock's performance.
• In addition to Weiss Ratings, other analysts have raised their ratings, with JPMorgan Chase giving an "overweight" rating and increasing the price target from $42.00 to $45.00.
• The company currently has an average rating of "Moderate Buy" from analysts, with a consensus target price set at $38.13.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report)'s stock had its "hold (c)" rating reissued by equities research analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

A number of other equities analysts also recently weighed in on the stock. 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. JPMorgan Chase & Co. raised their price target on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an "overweight" rating in a research report on Friday, September 19th. Finally, UBS Group raised their price target on shares of HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the company a "buy" rating in a research report on Monday, August 11th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $38.13.

HA Sustainable Infrastructure Capital Stock Performance

NYSE HASI opened at $30.73 on Wednesday. The company has a 50-day simple moving average of $28.14 and a two-hundred day simple moving average of $26.99. The company has a quick ratio of 10.81, 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. The firm has a market cap of $3.82 billion, a price-to-earnings ratio of 19.83, a PEG ratio of 1.15 and a beta of 1.61.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Institutional investors have recently modified their holdings of the stock. Zions Bancorporation National Association UT purchased a new position in shares of HA Sustainable Infrastructure Capital during the first quarter worth approximately $29,000. Legend Financial Advisors Inc. bought a new position in shares of HA Sustainable Infrastructure Capital during the second quarter valued at approximately $27,000. Signaturefd LLC boosted its stake in shares of HA Sustainable Infrastructure Capital by 72.4% during the first quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust's stock valued at $34,000 after purchasing an additional 495 shares in the last quarter. Garde Capital Inc. bought a new position in shares of HA Sustainable Infrastructure Capital during the first quarter valued at approximately $35,000. Finally, Cheviot Value Management LLC bought a new position in shares of HA Sustainable Infrastructure Capital during the first quarter valued at approximately $70,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

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.

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