Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI – Get Rating) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Friday.
A number of other research analysts have also weighed in on HASI. Oppenheimer reduced their target price on Hannon Armstrong Sustainable Infrastructure Capital from $62.00 to $50.00 and set an “outperform” rating for the company in a report on Monday, October 31st. Morgan Stanley lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $55.00 to $58.00 and gave the company an “equal weight” rating in a report on Thursday, August 18th. Robert W. Baird reduced their target price on Hannon Armstrong Sustainable Infrastructure Capital from $53.00 to $44.00 in a report on Friday, November 4th. B. Riley dropped their price target on Hannon Armstrong Sustainable Infrastructure Capital from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, October 25th. Finally, JPMorgan Chase & Co. dropped their price target on Hannon Armstrong Sustainable Infrastructure Capital from $67.00 to $56.00 and set an “overweight” rating for the company in a research report on Thursday, October 20th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $51.33.
Hannon Armstrong Sustainable Infrastructure Capital Stock Performance
HASI traded down $1.66 during trading hours on Friday, hitting $30.73. The stock had a trading volume of 1,297,902 shares, compared to its average volume of 861,955. The company’s fifty day simple moving average is $28.94 and its 200 day simple moving average is $34.16. Hannon Armstrong Sustainable Infrastructure Capital has a 1 year low of $21.56 and a 1 year high of $54.69. The stock has a market cap of $2.73 billion, a PE ratio of 22.11, a price-to-earnings-growth ratio of 1.59 and a beta of 1.58. The company has a quick ratio of 16.05, a current ratio of 16.05 and a debt-to-equity ratio of 1.65.
Insiders Place Their Bets
In related news, CEO Jeffrey Eckel purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, November 9th. The shares were acquired at an average cost of $29.26 per share, with a total value of $292,600.00. Following the purchase, the chief executive officer now directly owns 547,807 shares of the company’s stock, valued at $16,028,832.82. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Hannon Armstrong Sustainable Infrastructure Capital news, CEO Jeffrey Eckel bought 10,000 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction dated Wednesday, November 9th. The shares were purchased at an average cost of $29.26 per share, with a total value of $292,600.00. Following the completion of the purchase, the chief executive officer now owns 547,807 shares of the company’s stock, valued at $16,028,832.82. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Nathaniel Rose bought 7,000 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction dated Wednesday, November 9th. The shares were acquired at an average cost of $28.90 per share, for a total transaction of $202,300.00. Following the completion of the purchase, the executive vice president now directly owns 148,164 shares of the company’s stock, valued at approximately $4,281,939.60. The disclosure for this purchase can be found here. Insiders have purchased 18,000 shares of company stock valued at $523,480 in the last ninety days. Company insiders own 3.40% of the company’s stock.
Hedge Funds Weigh In On Hannon Armstrong Sustainable Infrastructure Capital
Several hedge funds have recently made changes to their positions in HASI. Perigon Wealth Management LLC purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the third quarter worth $306,000. Bank of New York Mellon Corp grew its stake in Hannon Armstrong Sustainable Infrastructure Capital by 8.2% in the third quarter. Bank of New York Mellon Corp now owns 355,881 shares of the real estate investment trust’s stock worth $10,652,000 after purchasing an additional 26,861 shares during the period. Values First Advisors Inc. grew its stake in Hannon Armstrong Sustainable Infrastructure Capital by 22.3% in the third quarter. Values First Advisors Inc. now owns 19,939 shares of the real estate investment trust’s stock worth $597,000 after purchasing an additional 3,637 shares during the period. Robeco Institutional Asset Management B.V. purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the third quarter worth $109,000. Finally, B. Riley Wealth Advisors Inc. grew its stake in Hannon Armstrong Sustainable Infrastructure Capital by 4.0% in the third quarter. B. Riley Wealth Advisors Inc. now owns 12,359 shares of the real estate investment trust’s stock worth $370,000 after purchasing an additional 476 shares during the period. 84.69% of the stock is owned by hedge funds and other institutional investors.
Hannon Armstrong Sustainable Infrastructure Capital Company Profile
(Get Rating)
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 building or facility that reduce energy usage or cost through the use of solar generation and energy storage or energy efficiency improvements, including heating, ventilation, and air conditioning systems (HVAC), as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.
Recommended Stories
- Get a free copy of the StockNews.com research report on Hannon Armstrong Sustainable Infrastructure Capital (HASI)
- Which Two Bluechip Tech Companies Have Raised Their Guidance?
- Should You Worry About Elon Musk Selling His Tesla Shares?
- Can Tractor Supply Stock Surge Past Cup-With-Handle Buy Point?
- This is no Time to Buy Lennar but the Time is Coming
- Game-Changing News For Mullen Automotive
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Hannon Armstrong Sustainable Infrastructure Capital, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Hannon Armstrong Sustainable Infrastructure Capital wasn’t on the list.
While Hannon Armstrong Sustainable Infrastructure Capital currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
As Featured By:
326 E 8th St #105, Sioux Falls, SD 57103
contact@marketbeat.com
(844) 978-6257
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.
