Analysts Set Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) PT at $29.50

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Shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) have received a consensus recommendation of “Buy” from the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $28.50.

A number of research firms have recently weighed in on HASI. Zacks Investment Research upgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a report on Thursday, November 28th. ValuEngine cut shares of Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd.

In other news, Director Michael T. Eckhart bought 1,000 shares of the stock in a transaction dated Thursday, November 21st. The stock was purchased at an average price of $28.76 per share, for a total transaction of $28,760.00. Following the acquisition, the director now owns 1,000 shares of the company’s stock, valued at $28,760. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Daniel K. Mcmahon sold 5,000 shares of Hannon Armstrong Sustnbl Infrstr Cap stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $28.74, for a total transaction of $143,700.00. Following the transaction, the executive vice president now directly owns 223,233 shares of the company’s stock, valued at $6,415,716.42. The disclosure for this sale can be found here. 3.60% of the stock is currently owned by insiders.

A number of large investors have recently modified their holdings of the stock. Point72 Asset Management L.P. purchased a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap in the second quarter worth approximately $28,000. Financial Advantage Inc. bought a new position in Hannon Armstrong Sustnbl Infrstr Cap in the 3rd quarter valued at $36,000. Catalyst Capital Advisors LLC purchased a new stake in Hannon Armstrong Sustnbl Infrstr Cap in the third quarter worth $70,000. Versant Capital Management Inc increased its stake in Hannon Armstrong Sustnbl Infrstr Cap by 4,566.7% in the second quarter. Versant Capital Management Inc now owns 2,800 shares of the real estate investment trust’s stock worth $78,000 after purchasing an additional 2,740 shares during the period. Finally, Quest Capital Management Inc. ADV bought a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap during the third quarter worth $81,000. Institutional investors own 74.46% of the company’s stock.

HASI stock traded down $0.78 during trading on Tuesday, hitting $28.72. 791,920 shares of the company’s stock traded hands, compared to its average volume of 363,406. Hannon Armstrong Sustnbl Infrstr Cap has a 52 week low of $18.83 and a 52 week high of $31.22. The company has a debt-to-equity ratio of 1.54, a quick ratio of 29.13 and a current ratio of 29.13. The business has a fifty day simple moving average of $29.16 and a 200 day simple moving average of $28.02. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of 24.13, a P/E/G ratio of 8.92 and a beta of 1.01.

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.

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

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