HA Sustainable Infrastructure Capital (NYSE:HASI) Downgraded to “Hold” Rating by UBS Group

UBS Group cut shares of HA Sustainable Infrastructure Capital (NYSE:HASI) from a strong-buy rating to a hold rating in a research report released on Friday morning,Zacks reports.

Several other brokerages also recently commented on HASI. JPMorgan Chase & Co. lifted their target price on shares of HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Bank of America reissued a “buy” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, August 18th. Morgan Stanley raised their price target on shares of HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an “overweight” rating in a report on Tuesday, August 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Friday, August 7th. Finally, Wells Fargo & Company upped their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.70.

HA Sustainable Infrastructure Capital Trading Down 3.7%

Shares of HASI stock opened at $38.38 on Friday. The stock has a market capitalization of $4.93 billion, a PE ratio of 72.42, a P/E/G ratio of 1.28 and a beta of 1.43. HA Sustainable Infrastructure Capital has a 1-year low of $27.28 and a 1-year high of $44.13. The business has a 50-day moving average of $39.22 and a 200 day moving average of $38.92. The company has a debt-to-equity ratio of 2.23, a current ratio of 8.89 and a quick ratio of 8.89.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.02. HA Sustainable Infrastructure Capital had a return on equity of 13.62% and a net margin of 18.61%.The business had revenue of $120.79 million for the quarter, compared to analyst estimates of $111.95 million. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. As a group, sell-side analysts anticipate that HA Sustainable Infrastructure Capital will post 2.76 earnings per share for the current year.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Friday, October 2nd will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Friday, October 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 320.75%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in HA Sustainable Infrastructure Capital in the 2nd quarter worth $834,012,000. California State Teachers Retirement System boosted its stake in shares of HA Sustainable Infrastructure Capital by 3,835.5% during the 2nd quarter. California State Teachers Retirement System now owns 5,761,437 shares of the real estate investment trust’s stock valued at $224,984,000 after purchasing an additional 5,615,041 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of HA Sustainable Infrastructure Capital by 1,015.5% during the second quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock valued at $117,012,000 after buying an additional 3,965,832 shares during the period. Norges Bank purchased a new position in shares of HA Sustainable Infrastructure Capital during the fourth quarter valued at about $59,561,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in HA Sustainable Infrastructure Capital by 1,285.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,903,532 shares of the real estate investment trust’s stock worth $58,438,000 after buying an additional 1,766,093 shares in the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

About HA Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc (NYSE: HASI) is a publicly traded real estate investment trust specializing in financing and investing in climate change solutions. Founded in 1988 and headquartered in Annapolis, Maryland, the company provides debt and equity capital to sustainable infrastructure projects across North America. Its mission is to support energy efficiency, renewable energy generation and resilient infrastructure, helping public and private sector clients reduce carbon emissions and achieve long-term environmental goals.

Hannon Armstrong’s core business activities include originating and structuring loans, acquiring debt and equity interests, and managing a diversified portfolio of projects in sectors such as solar energy, wind power, energy storage, green buildings, and sustainable agriculture.