Goldman Sachs Group Inc. raised its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 88.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,222 shares of the real estate investment trust’s stock after buying an additional 22,167 shares during the period. Goldman Sachs Group Inc.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $954,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 40,460.6% in the first quarter. BlackRock Inc. now owns 4,377,300 shares of the real estate investment trust’s stock worth $88,421,000 after buying an additional 4,366,508 shares in the last quarter. GCA Investment Management LLC boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 53.1% in the first quarter. GCA Investment Management LLC now owns 958,160 shares of the real estate investment trust’s stock worth $19,355,000 after buying an additional 332,145 shares in the last quarter. UBS Group AG boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 29.0% in the first quarter. UBS Group AG now owns 1,356,323 shares of the real estate investment trust’s stock worth $27,398,000 after buying an additional 304,688 shares in the last quarter. Vanguard Group Inc. boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 13.9% in the first quarter. Vanguard Group Inc. now owns 1,974,937 shares of the real estate investment trust’s stock worth $39,893,000 after buying an additional 240,409 shares in the last quarter. Finally, Neumeier Poma Investment Counsel LLC boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 12.2% in the first quarter. Neumeier Poma Investment Counsel LLC now owns 1,850,355 shares of the real estate investment trust’s stock worth $37,377,000 after buying an additional 201,620 shares in the last quarter. 70.60% of the stock is currently owned by institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE HASI) traded down 0.13% during trading on Friday, reaching $23.22. The company’s stock had a trading volume of 168,558 shares. The stock has a market cap of $1.20 billion, a P/E ratio of 42.07 and a beta of 0.96. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $18.02 and a 1-year high of $25.21. The company’s 50 day moving average price is $23.19 and its 200-day moving average price is $21.30.

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HASI has been the topic of a number of research reports. Roth Capital set a $25.00 price objective on Hannon Armstrong Sustainable Infrastructure Capital and gave the company a “buy” rating in a research report on Tuesday, May 2nd. Zacks Investment Research cut Hannon Armstrong Sustainable Infrastructure Capital from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. Cowen and Company restated an “outperform” rating and set a $28.00 price objective (up from $25.00) on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, June 22nd. BidaskClub upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 13th. Finally, Morgan Stanley restated an “equal weight” rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Tuesday, July 11th. One research analyst has rated the stock with a hold rating and ten have given a buy rating to the stock. Hannon Armstrong Sustainable Infrastructure Capital has an average rating of “Buy” and an average price target of $25.44.

In other news, COO Nathaniel Rose sold 6,000 shares of the business’s stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $22.39, for a total value of $134,340.00. Following the transaction, the chief operating officer now directly owns 303,506 shares of the company’s stock, valued at approximately $6,795,499.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey Eckel acquired 2,725 shares of the company’s stock in a transaction dated Wednesday, June 7th. The stock was acquired at an average cost of $22.51 per share, for a total transaction of $61,339.75. Following the completion of the purchase, the insider now directly owns 835,826 shares in the company, valued at $18,814,443.26. The disclosure for this purchase can be found here. 7.20% of the stock is owned by insiders.

Hannon Armstrong Sustainable Infrastructure Capital Company Profile

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.

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Institutional Ownership by Quarter for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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