Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) EVP Sells $299,970.00 in Stock

Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) EVP Steven Chuslo sold 11,000 shares of the stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $27.27, for a total value of $299,970.00. Following the transaction, the executive vice president now directly owns 303,404 shares of the company’s stock, valued at $8,273,827.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

HASI stock traded down $0.61 during midday trading on Wednesday, reaching $26.75. 308,000 shares of the company traded hands, compared to its average volume of 375,453. Hannon Armstrong Sustnbl Infrstr Cap Inc has a 52-week low of $18.83 and a 52-week high of $28.67. The company has a quick ratio of 23.23, a current ratio of 23.23 and a debt-to-equity ratio of 1.24. The stock’s 50 day simple moving average is $27.83. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 22.48, a price-to-earnings-growth ratio of 11.16 and a beta of 1.03.

Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) last issued its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.04). Hannon Armstrong Sustnbl Infrstr Cap had a net margin of 37.56% and a return on equity of 8.75%. The company had revenue of $16.40 million for the quarter, compared to analysts’ expectations of $16.55 million. As a group, equities research analysts forecast that Hannon Armstrong Sustnbl Infrstr Cap Inc will post 1.17 EPS for the current year.

HASI has been the topic of a number of recent research reports. Zacks Investment Research downgraded Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research report on Saturday. Roth Capital set a $30.00 price objective on Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research report on Thursday, May 2nd. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $26.75.

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 14.9% in the second quarter. Vanguard Group Inc. now owns 6,699,165 shares of the real estate investment trust’s stock worth $188,782,000 after buying an additional 869,840 shares during the period. BlackRock Inc. increased its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 2.0% during the 2nd quarter. BlackRock Inc. now owns 5,626,113 shares of the real estate investment trust’s stock worth $158,544,000 after purchasing an additional 111,967 shares during the period. Northern Trust Corp increased its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 20.1% during the 2nd quarter. Northern Trust Corp now owns 864,778 shares of the real estate investment trust’s stock worth $24,370,000 after purchasing an additional 144,775 shares during the period. Handelsbanken Fonder AB increased its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 2.0% during the 1st quarter. Handelsbanken Fonder AB now owns 770,702 shares of the real estate investment trust’s stock worth $19,761,000 after purchasing an additional 15,245 shares during the period. Finally, Norges Bank purchased a new position in Hannon Armstrong Sustnbl Infrstr Cap during the 4th quarter worth $11,366,000. Institutional investors and hedge funds own 70.47% of the company’s stock.

Hannon Armstrong Sustnbl Infrstr Cap Company 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 the use of solar generation, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

See Also: Dividend

Insider Buying and Selling by Quarter for Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI)

Receive News & Ratings for Hannon Armstrong Sustnbl Infrstr Cap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hannon Armstrong Sustnbl Infrstr Cap and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply