Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) Receives Average Recommendation of “Buy” from Brokerages

Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) have been assigned a consensus recommendation of “Buy” from the ten brokerages that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $25.71.

HASI has been the topic of a number of recent analyst reports. Roth Capital set a $28.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital and gave the stock a “buy” rating in a research report on Saturday, November 25th. Cowen set a $28.00 target price on shares of Hannon Armstrong Sustainable Infrastructure Capital and gave the stock a “buy” rating in a report on Monday, August 28th. BidaskClub upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating in a report on Thursday, August 24th. Zacks Investment Research upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a report on Wednesday, August 9th. Finally, Oppenheimer reiterated a “buy” rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Tuesday, August 8th.

Hannon Armstrong Sustainable Infrastructure Capital (HASI) traded down $0.15 during mid-day trading on Thursday, hitting $23.77. 321,145 shares of the company’s stock were exchanged, compared to its average volume of 323,264. Hannon Armstrong Sustainable Infrastructure Capital has a one year low of $18.02 and a one year high of $25.28. The company has a market cap of $1,271.49, a P/E ratio of 21.98, a price-to-earnings-growth ratio of 1.79 and a beta of 0.95. The company has a debt-to-equity ratio of 2.13, a current ratio of 2.74 and a quick ratio of 2.74.

In other news, EVP Daniel K. Mcmahon sold 5,000 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $23.51, for a total value of $117,550.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Nathaniel Rose sold 8,000 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $23.58, for a total transaction of $188,640.00. The disclosure for this sale can be found here. 5.40% of the stock is owned by insiders.

Several institutional investors have recently added to or reduced their stakes in the company. GSA Capital Partners LLP purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the third quarter worth approximately $439,000. Eii Capital Management Inc. purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the third quarter worth approximately $487,000. Neuberger Berman Group LLC increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 2.4% in the third quarter. Neuberger Berman Group LLC now owns 810,588 shares of the real estate investment trust’s stock worth $19,754,000 after acquiring an additional 19,081 shares in the last quarter. California Public Employees Retirement System increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.5% in the third quarter. California Public Employees Retirement System now owns 99,656 shares of the real estate investment trust’s stock worth $2,429,000 after acquiring an additional 5,156 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.4% in the third quarter. Janney Montgomery Scott LLC now owns 65,364 shares of the real estate investment trust’s stock worth $1,593,000 after acquiring an additional 2,763 shares in the last quarter. 71.60% of the stock is currently owned by institutional investors and hedge funds.

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About Hannon Armstrong Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc makes debt and equity investments in sustainable infrastructure, including energy efficiency and renewable energy. The Company focuses on providing preferred or senior level capital to sponsors and obligors for assets that generate long-term, recurring and predictable cash flows.

Analyst Recommendations for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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