Creative Planning Takes $548,000 Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Creative Planning acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 15,902 shares of the real estate investment trust's stock, valued at approximately $548,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. First Trust Direct Indexing L.P. bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter valued at about $248,000. BNP Paribas Financial Markets raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 17.9% during the first quarter. BNP Paribas Financial Markets now owns 109,143 shares of the real estate investment trust's stock valued at $3,100,000 after buying an additional 16,562 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 77.5% during the first quarter. Janney Montgomery Scott LLC now owns 52,828 shares of the real estate investment trust's stock valued at $1,500,000 after buying an additional 23,063 shares in the last quarter. GSA Capital Partners LLP bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter valued at about $1,361,000. Finally, Essex Investment Management Co. LLC bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the first quarter worth about $1,628,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on HASI. Mizuho lifted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the stock an "outperform" rating in a research note on Friday, July 26th. JPMorgan Chase & Co. lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $39.00 to $42.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 16th. Jefferies Financial Group assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Wednesday, September 4th. They set a "buy" rating and a $39.00 target price on the stock. Robert W. Baird lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an "outperform" rating in a research report on Friday, September 27th. Finally, The Goldman Sachs Group lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the stock a "neutral" rating in a research report on Monday, August 5th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $39.83.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 8.6 %

HASI stock traded down $3.04 during trading on Wednesday, hitting $32.24. The company had a trading volume of 4,650,590 shares, compared to its average volume of 1,042,239. The company has a quick ratio of 13.27, a current ratio of 13.27 and a debt-to-equity ratio of 1.77. The firm has a 50-day moving average price of $34.14 and a 200-day moving average price of $31.90. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12 month low of $18.72 and a 12 month high of $36.56. The stock has a market cap of $3.75 billion, a price-to-earnings ratio of 14.50, a PEG ratio of 1.28 and a beta of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment in energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.