Hannon Armstrong Sustnbl Infrstr Cap (HASI) Given a $27.00 Price Target by B. Riley Analysts

Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) received a $27.00 price target from equities researchers at B. Riley in a research report issued on Friday. The firm currently has a “buy” rating on the real estate investment trust’s stock. B. Riley’s price objective points to a potential upside of 15.34% from the stock’s current price.

Several other analysts also recently commented on the company. Zacks Investment Research downgraded Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “sell” rating in a research note on Monday, November 6th. BidaskClub downgraded Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research note on Thursday, October 26th. Oppenheimer raised their price target on Hannon Armstrong Sustnbl Infrstr Cap from $26.00 to $28.00 and gave the stock an “outperform” rating in a research note on Thursday, November 2nd. Roth Capital set a $28.00 price target on Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a research note on Saturday, November 25th. Finally, Cowen set a $28.00 price target on Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a research note on Monday, August 28th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $26.00.

Shares of Hannon Armstrong Sustnbl Infrstr Cap (NYSE HASI) traded down $0.43 on Friday, reaching $23.41. The company’s stock had a trading volume of 387,391 shares, compared to its average volume of 262,846. The company has a current ratio of 2.74, a quick ratio of 2.74 and a debt-to-equity ratio of 2.13. Hannon Armstrong Sustnbl Infrstr Cap has a 1-year low of $18.02 and a 1-year high of $25.28. The stock has a market cap of $1,240.00, a P/E ratio of 38.38, a price-to-earnings-growth ratio of 1.80 and a beta of 0.93.

In related news, EVP Daniel K. Mcmahon sold 5,000 shares of Hannon Armstrong Sustnbl Infrstr Cap stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $23.51, for a total transaction of $117,550.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO J Brendan Herron sold 11,063 shares of Hannon Armstrong Sustnbl Infrstr Cap stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $23.96, for a total value of $265,069.48. The disclosure for this sale can be found here. Insiders have sold 24,063 shares of company stock worth $571,259 over the last quarter. 5.40% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HASI. Osterweis Capital Management Inc. purchased a new position in Hannon Armstrong Sustnbl Infrstr Cap during the second quarter valued at $14,530,000. BlackRock Inc. raised its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 7.3% during the second quarter. BlackRock Inc. now owns 4,696,471 shares of the real estate investment trust’s stock valued at $107,408,000 after acquiring an additional 319,171 shares during the period. Delta Lloyd Asset Management N.V. bought a new stake in Hannon Armstrong Sustnbl Infrstr Cap during the second quarter valued at about $4,574,000. Goldman Sachs Group Inc. raised its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 360.3% during the second quarter. Goldman Sachs Group Inc. now owns 217,378 shares of the real estate investment trust’s stock valued at $4,971,000 after acquiring an additional 170,156 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 1,214.8% during the second quarter. JPMorgan Chase & Co. now owns 154,032 shares of the real estate investment trust’s stock valued at $3,523,000 after acquiring an additional 142,317 shares during the period. Institutional investors own 71.23% of the company’s stock.

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Hannon Armstrong Sustnbl Infrstr Cap 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 Sustnbl Infrstr Cap (NYSE:HASI)

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