Morgan Stanley Increases HA Sustainable Infrastructure Capital (NYSE:HASI) Price Target to $47.00

HA Sustainable Infrastructure Capital (NYSE:HASI) had its target price upped by Morgan Stanley from $44.00 to $47.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. Morgan Stanley’s target price would suggest a potential upside of 41.04% from the company’s current price.

HASI has been the topic of a number of other research reports. Jefferies Financial Group raised their target price on shares of HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. The Goldman Sachs Group upped their price target on shares of HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. JPMorgan Chase & Co. raised their target price on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Friday, September 19th. Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a report on Monday, November 24th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, HA Sustainable Infrastructure Capital presently has an average rating of “Moderate Buy” and a consensus price target of $39.11.

HA Sustainable Infrastructure Capital Stock Up 0.1%

Shares of NYSE:HASI opened at $33.33 on Tuesday. The firm has a market cap of $4.22 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 1.30 and a beta of 1.48. The company has a fifty day simple moving average of $30.98 and a 200 day simple moving average of $28.38. The company has a current ratio of 11.03, a quick ratio of 11.03 and a debt-to-equity ratio of 1.93. HA Sustainable Infrastructure Capital has a 12-month low of $21.98 and a 12-month high of $34.53.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11. The firm had revenue of ($37.39) million for the quarter, compared to the consensus estimate of $27.97 million. HA Sustainable Infrastructure Capital had a net margin of 79.69% and a return on equity of 11.97%. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. On average, equities research analysts anticipate that HA Sustainable Infrastructure Capital will post 2.45 EPS for the current fiscal year.

Institutional Investors Weigh In On HA Sustainable Infrastructure Capital

A number of large investors have recently added to or reduced their stakes in HASI. Vanguard Group Inc. grew its position in shares of HA Sustainable Infrastructure Capital by 1.4% in the third quarter. Vanguard Group Inc. now owns 13,989,391 shares of the real estate investment trust’s stock valued at $429,474,000 after purchasing an additional 198,441 shares during the last quarter. State Street Corp raised its stake in shares of HA Sustainable Infrastructure Capital by 1.8% in the second quarter. State Street Corp now owns 5,236,202 shares of the real estate investment trust’s stock valued at $140,644,000 after purchasing an additional 91,359 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of 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. Alliancebernstein L.P. raised its position in HA Sustainable Infrastructure Capital by 1.2% in the third quarter. Alliancebernstein L.P. now owns 4,406,564 shares of the real estate investment trust’s stock worth $135,282,000 after purchasing an additional 50,212 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in HA Sustainable Infrastructure Capital by 3.1% during the second quarter. Geode Capital Management LLC now owns 2,881,223 shares of the real estate investment trust’s stock worth $77,399,000 after purchasing an additional 86,513 shares during the period. Institutional investors own 96.14% of the company’s stock.

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.