Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) Lifted to Buy at BidaskClub

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) was upgraded by stock analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, August 8th.

Other research analysts also recently issued research reports about the company. Cowen and Company restated an “outperform” rating and issued a $28.00 price objective (up previously from $25.00) on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, June 22nd. FBR & Co restated a “buy” rating and issued a $26.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Friday, June 30th. Morgan Stanley restated an “equal weight” rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, July 11th. Zacks Investment Research downgraded Hannon Armstrong Sustainable Infrastructure Capital from a “buy” rating to a “hold” rating in a research note on Wednesday, April 26th. Finally, Roth Capital set a $25.00 price objective on Hannon Armstrong Sustainable Infrastructure Capital and gave the company a “buy” rating in a research note on Tuesday, May 2nd. One research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. Hannon Armstrong Sustainable Infrastructure Capital presently has an average rating of “Buy” and a consensus target price of $25.44.

Shares of Hannon Armstrong Sustainable Infrastructure Capital (HASI) opened at 23.15 on Tuesday. The stock has a 50 day moving average of $23.12 and a 200-day moving average of $21.46. The firm has a market capitalization of $1.20 billion, a P/E ratio of 41.94 and a beta of 0.96. Hannon Armstrong Sustainable Infrastructure Capital has a 12-month low of $18.02 and a 12-month high of $25.21.

COPYRIGHT VIOLATION WARNING: “Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) Lifted to Buy at BidaskClub” was reported by Community Financial News and is the property of of Community Financial News. If you are viewing this report on another site, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The legal version of this report can be viewed at https://www.com-unik.info/2017/08/19/hannon-armstrong-sustainable-infrastructure-capital-inc-hasi-lifted-to-buy-at-bidaskclub-updated.html.

In other Hannon Armstrong Sustainable Infrastructure Capital news, EVP Nathaniel Rose sold 6,000 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $23.85, for a total value of $143,100.00. Following the completion of the transaction, the executive vice president now owns 297,506 shares in the company, valued at approximately $7,095,518.10. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jeffrey Eckel bought 2,725 shares of the business’s stock in a transaction on Wednesday, June 7th. The stock was bought at an average price of $22.51 per share, with a total value of $61,339.75. Following the purchase, the insider now owns 835,826 shares in the company, valued at $18,814,443.26. The disclosure for this purchase can be found here. 7.20% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Dynamic Technology Lab Private Ltd bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at approximately $444,000. Public Employees Retirement System of Ohio bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at approximately $1,365,000. Raymond James Financial Services Advisors Inc. increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 13,468 shares of the real estate investment trust’s stock valued at $308,000 after buying an additional 583 shares in the last quarter. Osterweis Capital Management Inc. bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at approximately $14,530,000. Finally, State Street Corp boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 16.4% in the second quarter. State Street Corp now owns 940,049 shares of the real estate investment trust’s stock valued at $21,494,000 after buying an additional 132,368 shares during the last quarter. Institutional investors and hedge funds own 69.28% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital 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 Sustainable Infrastructure Capital (NYSE:HASI)

What are top analysts saying about Hannon Armstrong Sustainable Infrastructure Capital Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Hannon Armstrong Sustainable Infrastructure Capital Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit