HA Sustainable Infrastructure Capital (NYSE:HASI) Price Target Raised to $39.00 at UBS Group

HA Sustainable Infrastructure Capital (NYSE:HASI) had its price target raised by analysts at UBS Group from $38.00 to $39.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a “buy” rating on the real estate investment trust’s stock. UBS Group’s target price would indicate a potential upside of 48.79% from the stock’s previous close.

Several other research firms also recently issued reports on HASI. Wall Street Zen upgraded shares of HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Saturday. Robert W. Baird lowered their price target on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an “outperform” rating for the company in a report on Tuesday, April 15th. Two equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, HA Sustainable Infrastructure Capital presently has an average rating of “Moderate Buy” and a consensus target price of $37.90.

HA Sustainable Infrastructure Capital Trading Up 2.2%

Shares of HASI opened at $26.21 on Monday. The stock’s fifty day simple moving average is $26.58 and its 200 day simple moving average is $26.92. The firm has a market capitalization of $3.26 billion, a P/E ratio of 16.91, a price-to-earnings-growth ratio of 0.96 and a beta of 1.62. 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 twelve month low of $21.98 and a twelve month high of $36.56.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of HA Sustainable Infrastructure Capital by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 13,556,379 shares of the real estate investment trust’s stock worth $396,389,000 after purchasing an additional 311,184 shares during the last quarter. FMR LLC raised its holdings in shares of HA Sustainable Infrastructure Capital by 393.3% during the fourth 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 during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of HA Sustainable Infrastructure Capital by 7.0% during the first 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 buying an additional 330,314 shares during the period. Geode Capital Management LLC grew its holdings in HA Sustainable Infrastructure Capital by 3.1% in the 2nd quarter. Geode Capital Management LLC now owns 2,881,223 shares of the real estate investment trust’s stock worth $77,399,000 after buying an additional 86,513 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in HA Sustainable Infrastructure Capital by 441.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,997,416 shares of the real estate investment trust’s stock valued at $58,404,000 after acquiring an additional 1,628,182 shares during the period. 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.