Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives Average Rating of "Buy" from Brokerages

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Get Free Report) has been assigned a consensus rating of "Buy" from the thirteen analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, ten have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $40.25.

A number of equities research analysts recently issued reports on HASI shares. Bank of America started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Monday, November 25th. They issued a "buy" rating and a $40.00 price objective on the stock. Citigroup raised Hannon Armstrong Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 price objective for the company in a report on Wednesday, January 8th. JPMorgan Chase & Co. dropped their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an "overweight" rating for the company in a research report on Thursday, January 23rd. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a report on Monday, November 11th. Finally, The Goldman Sachs Group dropped their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a "neutral" rating for the company in a report on Tuesday, December 17th.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Shares of NYSE:HASI opened at $28.01 on Friday. The company has a 50 day moving average of $28.47 and a 200 day moving average of $31.15. The company has a current ratio of 13.55, a quick ratio of 13.55 and a debt-to-equity ratio of 1.78. The stock has a market cap of $3.32 billion, a P/E ratio of 15.74, a P/E/G ratio of 1.05 and a beta of 1.94. Hannon Armstrong Sustainable Infrastructure Capital has a 12 month low of $22.59 and a 12 month high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Monday, December 30th were paid a dividend of $0.415 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.93%. The ex-dividend date was Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 93.26%.

Insider Buying and Selling

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn bought 3,500 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction dated Monday, November 11th. The shares were purchased at an average cost of $28.71 per share, with a total value of $100,485.00. Following the completion of the purchase, the chief financial officer now owns 56,791 shares of the company's stock, valued at approximately $1,630,469.61. This represents a 6.57 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.00% of the stock is owned by insiders.

Institutional Trading of Hannon Armstrong Sustainable Infrastructure Capital

Several large investors have recently added to or reduced their stakes in the stock. Erste Asset Management GmbH bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter worth approximately $73,622,000. Wellington Management Group LLP raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 3.9% in the third quarter. Wellington Management Group LLP now owns 13,206,158 shares of the real estate investment trust's stock worth $455,216,000 after purchasing an additional 491,585 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 68.6% during the third quarter. Rockefeller Capital Management L.P. now owns 913,476 shares of the real estate investment trust's stock valued at $31,487,000 after buying an additional 371,593 shares during the period. Point72 Asset Management L.P. bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter valued at $5,616,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 44.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 497,203 shares of the real estate investment trust's stock worth $17,139,000 after buying an additional 154,110 shares during the period. Institutional investors own 96.14% of the company's stock.

About Hannon Armstrong Sustainable Infrastructure Capital

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.

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