Hannon Armstrong Sustnbl Infrstr Cap (HASI) Raised to Buy at ValuEngine

Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a report released on Wednesday.

Other research analysts have also issued reports about the company. B. Riley set a $26.00 target price on Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a report on Friday, November 2nd. Morgan Stanley lifted their target price on Hannon Armstrong Sustnbl Infrstr Cap from $21.00 to $22.00 and gave the company an “equal weight” rating in a report on Tuesday, September 11th. Zacks Investment Research upgraded Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating in a report on Tuesday, August 14th. Cowen reiterated a “buy” rating and issued a $27.00 target price on shares of Hannon Armstrong Sustnbl Infrstr Cap in a report on Friday, November 9th. Finally, TheStreet upgraded Hannon Armstrong Sustnbl Infrstr Cap from a “c” rating to a “b” rating in a report on Wednesday, October 31st. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $24.71.

NYSE:HASI opened at $23.07 on Wednesday. The firm has a market capitalization of $1.23 billion, a P/E ratio of 21.97, a P/E/G ratio of 3.12 and a beta of 0.88. Hannon Armstrong Sustnbl Infrstr Cap has a 12-month low of $17.33 and a 12-month high of $24.48. The company has a quick ratio of 33.99, a current ratio of 33.99 and a debt-to-equity ratio of 2.37.

In other Hannon Armstrong Sustnbl Infrstr Cap news, EVP Daniel K. Mcmahon sold 6,000 shares of the firm’s stock in a transaction on Tuesday, November 13th. The stock was sold at an average price of $22.75, for a total value of $136,500.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Rebecca Blalock purchased 4,290 shares of the business’s stock in a transaction on Friday, November 16th. The stock was acquired at an average price of $23.36 per share, for a total transaction of $100,214.40. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 6,879 shares of company stock valued at $159,432. 5.30% of the stock is currently owned by company insiders.

Institutional investors have recently bought and sold shares of the business. AGF Investments America Inc. raised its stake in Hannon Armstrong Sustnbl Infrstr Cap by 20.8% in the third quarter. AGF Investments America Inc. now owns 126,956 shares of the real estate investment trust’s stock valued at $2,726,000 after buying an additional 21,830 shares in the last quarter. Rational Advisors LLC acquired a new stake in Hannon Armstrong Sustnbl Infrstr Cap in the third quarter valued at $2,248,000. Ardsley Advisory Partners raised its stake in Hannon Armstrong Sustnbl Infrstr Cap by 42.7% in the second quarter. Ardsley Advisory Partners now owns 770,661 shares of the real estate investment trust’s stock valued at $15,236,000 after buying an additional 230,661 shares in the last quarter. Principal Financial Group Inc. raised its stake in Hannon Armstrong Sustnbl Infrstr Cap by 10.2% in the first quarter. Principal Financial Group Inc. now owns 39,007 shares of the real estate investment trust’s stock valued at $761,000 after buying an additional 3,626 shares in the last quarter. Finally, BlackRock Inc. raised its stake in Hannon Armstrong Sustnbl Infrstr Cap by 5.0% in the second quarter. BlackRock Inc. now owns 4,625,513 shares of the real estate investment trust’s stock valued at $91,353,000 after buying an additional 218,659 shares in the last quarter. Institutional investors own 71.29% 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 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.

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Analyst Recommendations for Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI)

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