ValuEngine upgraded shares of Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) from a hold rating to a buy rating in a research note published on Wednesday morning.

Several other research firms have also recently issued reports on HASI. UBS Group cut shares of Hannon Armstrong Sustnbl Infrstr Cap from a buy rating to a neutral rating and lifted their price objective for the stock from $22.00 to $23.00 in a research report on Friday, November 30th. Cowen reissued a buy rating and issued a $27.00 price target on shares of Hannon Armstrong Sustnbl Infrstr Cap in a research report on Friday, November 9th. Zacks Investment Research raised shares of Hannon Armstrong Sustnbl Infrstr Cap from a hold rating to a buy rating and set a $25.00 price target for the company in a research report on Thursday, November 8th. B. Riley set a $26.00 price target on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the company a buy rating in a research report on Friday, November 2nd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Hannon Armstrong Sustnbl Infrstr Cap from $23.00 to $24.00 and gave the company a buy rating in a research report on Friday, November 2nd. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of Buy and an average target price of $24.71.

Hannon Armstrong Sustnbl Infrstr Cap stock opened at $23.08 on Wednesday. The firm has a market cap of $1.25 billion, a PE ratio of 20.60, a PEG ratio of 3.16 and a beta of 0.88. Hannon Armstrong Sustnbl Infrstr Cap has a 12-month low of $17.33 and a 12-month high of $24.48. The company has a debt-to-equity ratio of 2.37, a current ratio of 33.99 and a quick ratio of 33.99.

In related news, EVP Daniel K. Mcmahon sold 20,000 shares of the business’s stock in a transaction on Wednesday, November 7th. The shares were sold at an average price of $22.84, for a total value of $456,800.00. Following the completion of the sale, the executive vice president now directly owns 287,571 shares of the company’s stock, valued at $6,568,121.64. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Daniel K. Mcmahon sold 6,000 shares of the business’s stock in a transaction on Tuesday, November 13th. The shares were sold at an average price of $22.75, for a total transaction of $136,500.00. The disclosure for this sale can be found here. Over the last three months, insiders purchased 6,879 shares of company stock valued at $159,432. 5.30% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Mainstay Capital Management LLC ADV raised its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 831.0% in the second quarter. Mainstay Capital Management LLC ADV now owns 1,004,681 shares of the real estate investment trust’s stock valued at $49,277,000 after buying an additional 896,771 shares during the last quarter. Ardsley Advisory Partners increased its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 42.7% during the second quarter. Ardsley Advisory Partners now owns 770,661 shares of the real estate investment trust’s stock worth $15,236,000 after acquiring an additional 230,661 shares during the period. BlackRock Inc. increased its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 5.0% during the second quarter. BlackRock Inc. now owns 4,625,513 shares of the real estate investment trust’s stock worth $91,353,000 after acquiring an additional 218,659 shares during the period. Aristotle Capital Boston LLC increased its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 17.8% during the third quarter. Aristotle Capital Boston LLC now owns 897,976 shares of the real estate investment trust’s stock worth $19,280,000 after acquiring an additional 135,804 shares during the period. Finally, Rational Advisors LLC acquired a new position in shares of Hannon Armstrong Sustnbl Infrstr Cap during the third quarter worth about $2,248,000. 71.29% of the stock is owned by hedge funds and other institutional investors.

About Hannon Armstrong Sustnbl Infrstr Cap

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 enhancing or installing various building components, 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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