Hannon Armstrong Sustainable Infrastructure Capital Inc. (NYSE:HASI) insider Jeffrey Eckel acquired 1,000 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction dated Wednesday, November 9th. The shares were purchased at an average price of $19.35 per share, for a total transaction of $19,350.00. Following the completion of the transaction, the insider now directly owns 1,123,118 shares in the company, valued at approximately $21,732,333.30. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Jeffrey Eckel also recently made the following trade(s):

  • On Friday, November 4th, Jeffrey Eckel acquired 5,000 shares of Hannon Armstrong Sustainable Infrastructure Capital stock. The shares were purchased at an average price of $19.78 per share, for a total transaction of $98,900.00.

Shares of Hannon Armstrong Sustainable Infrastructure Capital Inc. (NYSE:HASI) opened at 20.26 on Monday. The stock has a market capitalization of $850.70 million, a PE ratio of 71.84 and a beta of 1.09. Hannon Armstrong Sustainable Infrastructure Capital Inc. has a one year low of $15.69 and a one year high of $25.21. The company’s 50-day moving average price is $21.86 and its 200 day moving average price is $21.84.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported $0.29 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.29. Hannon Armstrong Sustainable Infrastructure Capital had a return on equity of 8.31% and a net margin of 26.14%. The business had revenue of $19.01 million for the quarter, compared to the consensus estimate of $10.01 million. During the same period in the previous year, the business earned $0.26 earnings per share. Analysts anticipate that Hannon Armstrong Sustainable Infrastructure Capital Inc. will post $1.22 EPS for the current year.

Several institutional investors have recently made changes to their positions in HASI. BlackRock Fund Advisors increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 17.2% in the third quarter. BlackRock Fund Advisors now owns 2,121,274 shares of the company’s stock valued at $49,574,000 after buying an additional 310,888 shares during the last quarter. Kleinwort Benson Investors Dublin Ltd acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at approximately $5,865,000. Taylor Wealth Management Partners acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter valued at approximately $5,105,000. Vanguard Group Inc. increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 17.7% in the second quarter. Vanguard Group Inc. now owns 1,451,207 shares of the company’s stock valued at $31,346,000 after buying an additional 217,732 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 6.6% in the first quarter. Wellington Management Group LLP now owns 3,371,745 shares of the company’s stock valued at $64,806,000 after buying an additional 209,491 shares during the last quarter. Institutional investors and hedge funds own 71.01% of the company’s stock.

Several brokerages have recently commented on HASI. Robert W. Baird set a $27.00 price objective on Hannon Armstrong Sustainable Infrastructure Capital and gave the company a “buy” rating in a research report on Wednesday, September 21st. FBR & Co reiterated a “buy” rating and set a $26.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Friday, August 5th. Barclays PLC began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, September 8th. They set an “overweight” rating and a $27.00 price objective on the stock. Finally, Zacks Investment Research upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a research report on Friday, July 29th. Two analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $25.20.

About Hannon Armstrong Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides debt and equity financing to the energy efficiency and renewable energy markets. The Company originates its transactions primarily through programmatic finance relationships with global energy service companies. It also originates transactions with renewable energy manufacturers, developers and operators, and other companies, which own and operate renewable energy projects, including various utility companies of the United States.

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