Hannon Armstrong Sustainable Infrastructure Capital Inc. (NYSE:HASI) has been assigned an average rating of “Buy” from the nine research firms that are covering the stock. Two investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $25.20.

Several brokerages have commented on HASI. Robert W. Baird set a $27.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital and gave the stock a “buy” rating in a report on Wednesday, September 21st. FBR & Co restated a “buy” rating and issued a $26.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Friday, August 5th. Barclays PLC began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, September 8th. They issued an “overweight” rating and a $27.00 price objective for the company. Finally, Zacks Investment Research upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a report on Friday, July 29th.

In other news, insider Jeffrey Eckel acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, November 4th. The stock was bought at an average cost of $19.78 per share, for a total transaction of $98,900.00. Following the acquisition, the insider now directly owns 1,123,118 shares in the company, valued at $22,215,274.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 7.20% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the company. D.A. Davidson & CO. raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.2% in the third quarter. D.A. Davidson & CO. now owns 5,113 shares of the company’s stock worth $119,000 after buying an additional 206 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 0.7% in the third quarter. Price T Rowe Associates Inc. MD now owns 4,098,232 shares of the company’s stock worth $95,776,000 after buying an additional 28,870 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter worth $8,918,000. UBS Group AG raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 9.3% in the third quarter. UBS Group AG now owns 1,075,151 shares of the company’s stock worth $25,127,000 after buying an additional 91,902 shares during the last quarter. Finally, Ardsley Advisory Partners purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter worth $28,441,000. Institutional investors own 71.01% of the company’s stock.

Shares of Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) opened at 20.28 on Monday. The company has a market capitalization of $851.54 million, a price-to-earnings ratio of 71.91 and a beta of 1.09. Hannon Armstrong Sustainable Infrastructure Capital has a one year low of $15.69 and a one year high of $25.21. The firm’s 50-day moving average price is $21.48 and its 200-day moving average price is $21.85.

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

Hannon Armstrong Sustainable Infrastructure Capital Company Profile

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.

5 Day Chart for NYSE:HASI

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