Bank of New York Mellon Corp Has $5.15 Million Holdings in Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI)

Bank of New York Mellon Corp boosted its position in shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) by 2.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 239,920 shares of the real estate investment trust’s stock after purchasing an additional 5,830 shares during the period. Bank of New York Mellon Corp owned approximately 0.44% of Hannon Armstrong Sustnbl Infrstr Cap worth $5,151,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Jane Street Group LLC purchased a new position in Hannon Armstrong Sustnbl Infrstr Cap during the second quarter worth about $199,000. Private Advisor Group LLC purchased a new position in Hannon Armstrong Sustnbl Infrstr Cap during the third quarter worth about $265,000. SG Americas Securities LLC raised its stake in Hannon Armstrong Sustnbl Infrstr Cap by 92.7% during the third quarter. SG Americas Securities LLC now owns 12,478 shares of the real estate investment trust’s stock worth $268,000 after purchasing an additional 6,003 shares during the period. Xact Kapitalforvaltning AB raised its stake in Hannon Armstrong Sustnbl Infrstr Cap by 27.9% during the third quarter. Xact Kapitalforvaltning AB now owns 16,488 shares of the real estate investment trust’s stock worth $354,000 after purchasing an additional 3,600 shares during the period. Finally, Shufro Rose & Co. LLC raised its stake in Hannon Armstrong Sustnbl Infrstr Cap by 59.2% during the third quarter. Shufro Rose & Co. LLC now owns 17,315 shares of the real estate investment trust’s stock worth $372,000 after purchasing an additional 6,441 shares during the period. 61.72% of the stock is currently owned by institutional investors.

A number of equities analysts have commented on the stock. B. Riley reaffirmed a “buy” rating and set a $26.00 target price on shares of Hannon Armstrong Sustnbl Infrstr Cap in a research note on Friday, December 28th. Zacks Investment Research raised shares of Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research note on Thursday, November 8th. ValuEngine downgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research note on Thursday, December 27th. Cowen reaffirmed a “buy” rating and set a $27.00 target price on shares of Hannon Armstrong Sustnbl Infrstr Cap in a research note on Friday, November 9th. Finally, TheStreet raised shares of Hannon Armstrong Sustnbl Infrstr Cap from a “c” rating to a “b” rating in a research note on Wednesday, October 31st. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $24.88.

In related news, Director Rebecca Blalock purchased 4,290 shares of Hannon Armstrong Sustnbl Infrstr Cap stock in a transaction dated Friday, November 16th. The shares were acquired at an average cost of $23.36 per share, with a total value of $100,214.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 5.30% of the stock is currently owned by insiders.

Hannon Armstrong Sustnbl Infrstr Cap stock opened at $23.13 on Thursday. The company has a market capitalization of $1.44 billion, a PE ratio of 22.03, a P/E/G ratio of 6.70 and a beta of 1.08. Hannon Armstrong Sustnbl Infrstr Cap Inc has a 1 year low of $17.33 and a 1 year high of $24.05. The company has a current ratio of 33.99, a quick ratio of 33.99 and a debt-to-equity ratio of 2.37.

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Hannon Armstrong Sustnbl Infrstr Cap Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include energy efficiency projects that reduce a building's or facility's energy usage or cost through enhancing or installing various building components, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

Further Reading: Quiet Period Expirations Explained

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Institutional Ownership by Quarter for Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI)

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