Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI) Given Consensus Rating of “Buy” by Brokerages

Shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) have received a consensus rating of “Buy” from the eleven research firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $25.88.

Several equities analysts have issued reports on HASI shares. BidaskClub downgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. B. Riley set a $27.00 price objective on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a report on Friday, December 22nd. Zacks Investment Research raised shares of Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. Roth Capital set a $28.00 price objective on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a report on Saturday, November 25th. Finally, Oppenheimer increased their price objective on shares of Hannon Armstrong Sustnbl Infrstr Cap from $26.00 to $28.00 and gave the company an “outperform” rating in a report on Thursday, November 2nd.

In other news, CFO J Brendan Herron sold 11,063 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $23.96, for a total value of $265,069.48. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Daniel K. Mcmahon sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $23.51, for a total transaction of $117,550.00. The disclosure for this sale can be found here. Company insiders own 5.40% of the company’s stock.

Hedge funds have recently modified their holdings of the business. California Public Employees Retirement System raised its stake in Hannon Armstrong Sustnbl Infrstr Cap by 5.5% during 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 purchasing an additional 5,156 shares during the period. Osborn Williams & Donohoe LLC raised its stake in Hannon Armstrong Sustnbl Infrstr Cap by 72.0% during the fourth quarter. Osborn Williams & Donohoe LLC now owns 21,500 shares of the real estate investment trust’s stock worth $517,000 after purchasing an additional 9,000 shares during the period. Schwab Charles Investment Management Inc. raised its stake in Hannon Armstrong Sustnbl Infrstr Cap by 12.5% during the third quarter. Schwab Charles Investment Management Inc. now owns 238,917 shares of the real estate investment trust’s stock worth $5,823,000 after purchasing an additional 26,593 shares during the period. Nwam LLC raised its stake in Hannon Armstrong Sustnbl Infrstr Cap by 57.2% during the third quarter. Nwam LLC now owns 15,658 shares of the real estate investment trust’s stock worth $382,000 after purchasing an additional 5,699 shares during the period. Finally, UBS Asset Management Americas Inc. purchased a new position in Hannon Armstrong Sustnbl Infrstr Cap during the second quarter worth about $288,000. 71.35% of the stock is currently owned by institutional investors.

Hannon Armstrong Sustnbl Infrstr Cap (NYSE HASI) traded up $0.30 on Tuesday, reaching $21.12. 435,491 shares of the company’s stock traded hands, compared to its average volume of 396,376. The company has a current ratio of 2.74, a quick ratio of 2.74 and a debt-to-equity ratio of 2.13. The stock has a market capitalization of $1,120.00, a P/E ratio of 34.62, a price-to-earnings-growth ratio of 1.42 and a beta of 0.77. Hannon Armstrong Sustnbl Infrstr Cap has a fifty-two week low of $18.40 and a fifty-two week high of $25.28.

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Hannon Armstrong Sustnbl Infrstr Cap Company Profile

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 Sustnbl Infrstr Cap (NYSE:HASI)

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