Shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) have earned an average recommendation of “Buy” from the ten brokerages that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $26.29.

A number of research firms recently weighed in on HASI. Roth Capital set a $30.00 price objective on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research note on Thursday, May 2nd. Zacks Investment Research lowered shares of Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th. B. Riley began coverage on shares of Hannon Armstrong Sustnbl Infrstr Cap in a research note on Thursday, March 14th. They issued a “buy” rating and a $29.00 price objective for the company. Cowen set a $30.00 price objective on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research note on Tuesday, February 26th. Finally, ValuEngine upgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “buy” rating in a research note on Friday, February 8th.

Shares of HASI stock traded up $0.12 during trading hours on Friday, hitting $26.29. 6,198 shares of the company were exchanged, compared to its average volume of 367,363. The company has a quick ratio of 29.45, a current ratio of 29.45 and a debt-to-equity ratio of 1.48. Hannon Armstrong Sustnbl Infrstr Cap has a 52-week low of $17.76 and a 52-week high of $27.87. The firm has a market cap of $1.66 billion, a P/E ratio of 22.08, a PEG ratio of 9.96 and a beta of 1.08.

Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) last issued its quarterly earnings results on Thursday, February 21st. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.08. Hannon Armstrong Sustnbl Infrstr Cap had a net margin of 39.53% and a return on equity of 9.61%. The company had revenue of $19.74 million during the quarter, compared to analyst estimates of $14.65 million. As a group, equities analysts expect that Hannon Armstrong Sustnbl Infrstr Cap will post 1.18 EPS for the current year.

In other news, insider Jeffrey Eckel purchased 985 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was purchased at an average cost of $26.82 per share, with a total value of $26,417.70. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Nathaniel Rose sold 10,000 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $25.29, for a total transaction of $252,900.00. Following the completion of the transaction, the executive vice president now directly owns 300,654 shares of the company’s stock, valued at $7,603,539.66. The disclosure for this sale can be found here. Insiders sold a total of 25,000 shares of company stock valued at $640,250 over the last quarter. 3.60% of the stock is owned by company insiders.

A number of large investors have recently made changes to their positions in HASI. Wellington Management Group LLP lifted its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 5.5% during the 1st quarter. Wellington Management Group LLP now owns 5,898,937 shares of the real estate investment trust’s stock worth $151,249,000 after acquiring an additional 305,356 shares during the last quarter. BlackRock Inc. raised its position in Hannon Armstrong Sustnbl Infrstr Cap by 13.1% in the 1st quarter. BlackRock Inc. now owns 5,514,146 shares of the real estate investment trust’s stock worth $141,383,000 after purchasing an additional 637,665 shares during the period. Vanguard Group Inc raised its position in Hannon Armstrong Sustnbl Infrstr Cap by 3.0% in the 3rd quarter. Vanguard Group Inc now owns 2,368,052 shares of the real estate investment trust’s stock worth $50,842,000 after purchasing an additional 68,774 shares during the period. Vanguard Group Inc. raised its position in Hannon Armstrong Sustnbl Infrstr Cap by 3.0% in the 3rd quarter. Vanguard Group Inc. now owns 2,368,052 shares of the real estate investment trust’s stock worth $50,842,000 after purchasing an additional 68,774 shares during the period. Finally, Van ECK Associates Corp raised its position in Hannon Armstrong Sustnbl Infrstr Cap by 63.6% in the 4th quarter. Van ECK Associates Corp now owns 2,184,399 shares of the real estate investment trust’s stock worth $41,613,000 after purchasing an additional 849,402 shares during the period. 67.98% of the stock is owned by hedge funds and other institutional investors.

Hannon Armstrong Sustnbl Infrstr Cap Company Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include energy efficiency projects that reduce a building's or facility's energy usage or cost through the use of solar generation, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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Analyst Recommendations for Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI)

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