Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has been assigned a $28.00 target price by research analysts at Cowen and Company in a note issued to investors on Monday. The firm presently has a “buy” rating on the real estate investment trust’s stock. Cowen and Company’s target price indicates a potential upside of 19.35% from the company’s previous close.

Other equities analysts also recently issued research reports about the stock. BidaskClub upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, August 8th. Roth Capital set a $25.00 target price on shares of Hannon Armstrong Sustainable Infrastructure Capital and gave the stock a “buy” rating in a research note on Tuesday, May 2nd. Zacks Investment Research upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research note on Friday, May 5th. Finally, FBR & Co reiterated a “buy” rating and issued a $26.00 target price on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Friday, June 30th. One equities research analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $25.44.

Hannon Armstrong Sustainable Infrastructure Capital (HASI) opened at 23.46 on Monday. Hannon Armstrong Sustainable Infrastructure Capital has a 52-week low of $18.02 and a 52-week high of $25.21. The firm has a market capitalization of $1.21 billion, a P/E ratio of 42.50 and a beta of 0.96. The firm’s 50-day moving average is $23.21 and its 200 day moving average is $21.65.

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In related news, EVP Daniel K. Mcmahon sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $24.11, for a total transaction of $120,550.00. Following the completion of the transaction, the executive vice president now owns 263,167 shares of the company’s stock, valued at $6,344,956.37. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Jeffrey Eckel acquired 2,725 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction that occurred on Wednesday, June 7th. The shares were purchased at an average cost of $22.51 per share, with a total value of $61,339.75. Following the purchase, the insider now owns 835,826 shares of the company’s stock, valued at approximately $18,814,443.26. The disclosure for this purchase can be found here. 7.20% of the stock is currently owned by insiders.

Institutional investors have recently modified their holdings of the stock. Teachers Advisors LLC boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 6.9% in the fourth quarter. Teachers Advisors LLC now owns 67,926 shares of the real estate investment trust’s stock valued at $1,290,000 after buying an additional 4,376 shares in the last quarter. Nationwide Fund Advisors boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 8.9% in the first quarter. Nationwide Fund Advisors now owns 26,311 shares of the real estate investment trust’s stock valued at $531,000 after buying an additional 2,141 shares in the last quarter. ProShare Advisors LLC purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the first quarter valued at approximately $103,000. Janney Montgomery Scott LLC boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 9.2% in the first quarter. Janney Montgomery Scott LLC now owns 63,061 shares of the real estate investment trust’s stock valued at $1,274,000 after buying an additional 5,311 shares in the last quarter. Finally, Strs Ohio boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.4% in the first quarter. Strs Ohio now owns 14,200 shares of the real estate investment trust’s stock valued at $286,000 after buying an additional 600 shares in the last quarter. 71.48% of the stock is owned by institutional investors.

About Hannon Armstrong Sustainable Infrastructure Capital

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)

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