Hollow Brook Wealth Management LLC Acquires 7,196 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI)

Hollow Brook Wealth Management LLC raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 8.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 89,649 shares of the real estate investment trust’s stock after purchasing an additional 7,196 shares during the period. Hannon Armstrong Sustainable Infrastructure Capital comprises about 1.6% of Hollow Brook Wealth Management LLC’s portfolio, making the stock its 26th largest holding. Hollow Brook Wealth Management LLC owned approximately 0.17% of Hannon Armstrong Sustainable Infrastructure Capital worth $2,185,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in HASI. Advisor Group Inc. boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 8.5% during the second quarter. Advisor Group Inc. now owns 4,444 shares of the real estate investment trust’s stock valued at $101,000 after acquiring an additional 350 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 2,784.3% during the second quarter. BNP Paribas Arbitrage SA now owns 5,336 shares of the real estate investment trust’s stock valued at $122,000 after acquiring an additional 5,151 shares during the period. US Bancorp DE boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 7.4% during the second quarter. US Bancorp DE now owns 5,798 shares of the real estate investment trust’s stock valued at $133,000 after acquiring an additional 400 shares during the period. Creative Planning boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 83.0% during the second quarter. Creative Planning now owns 6,496 shares of the real estate investment trust’s stock valued at $149,000 after acquiring an additional 2,946 shares during the period. Finally, Chicago Partners Investment Group LLC acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at $191,000. Hedge funds and other institutional investors own 71.63% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) traded down $0.53 during mid-day trading on Tuesday, reaching $23.39. 379,700 shares of the company traded hands, compared to its average volume of 323,122. The firm has a market capitalization of $1,269.37, a P/E ratio of 21.94, a P/E/G ratio of 1.78 and a beta of 0.93. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $18.02 and a 1-year high of $25.28. The company has a quick ratio of 2.74, a current ratio of 2.74 and a debt-to-equity ratio of 2.13.

In related news, EVP Daniel K. Mcmahon sold 5,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $23.51, for a total value of $117,550.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO J Brendan Herron sold 11,063 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $23.96, for a total transaction of $265,069.48. The disclosure for this sale can be found here. Insiders sold 24,063 shares of company stock valued at $571,259 in the last ninety days. Corporate insiders own 5.40% of the company’s stock.

Several equities analysts have recently issued reports on the stock. Cowen reissued a “buy” rating and set a $28.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, September 28th. Zacks Investment Research downgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. BidaskClub raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Roth Capital set a $28.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital and gave the company a “buy” rating in a report on Saturday, November 25th. Finally, Oppenheimer boosted their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $26.00 to $28.00 and gave the company an “outperform” rating in a report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $25.88.

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Hannon Armstrong Sustainable Infrastructure Capital 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.

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Institutional Ownership by Quarter for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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