50,549 Shares in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Acquired by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 50,549 shares of the real estate investment trust's stock, valued at approximately $1,742,000.

A number of other institutional investors have also recently bought and sold shares of HASI. Swedbank AB bought a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 1st quarter valued at $106,881,000. Encompass Capital Advisors LLC acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the second quarter worth about $18,759,000. Bank of New York Mellon Corp grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 18.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,400 shares of the real estate investment trust's stock valued at $51,161,000 after purchasing an additional 267,304 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in Hannon Armstrong Sustainable Infrastructure Capital by 38.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 837,163 shares of the real estate investment trust's stock worth $23,775,000 after purchasing an additional 232,351 shares in the last quarter. Finally, Hood River Capital Management LLC lifted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 26.7% in the second quarter. Hood River Capital Management LLC now owns 988,135 shares of the real estate investment trust's stock valued at $29,249,000 after buying an additional 208,303 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company's stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of NYSE HASI traded down $3.04 during midday trading on Wednesday, hitting $32.24. 4,650,590 shares of the company's stock traded hands, compared to its average volume of 1,042,239. The firm has a fifty day moving average of $34.14 and a 200 day moving average of $31.90. The company has a debt-to-equity ratio of 1.77, a quick ratio of 13.27 and a current ratio of 13.27. The stock has a market capitalization of $3.75 billion, a price-to-earnings ratio of 14.50, a price-to-earnings-growth ratio of 1.28 and a beta of 1.98. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $18.72 and a 1 year high of $36.56.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Morgan Stanley raised their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the stock an "overweight" rating in a report on Wednesday, July 31st. Jefferies Financial Group assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Wednesday, September 4th. They issued a "buy" rating and a $39.00 price objective for the company. Baird R W upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital to a "strong-buy" rating in a report on Friday, September 27th. Royal Bank of Canada started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, September 3rd. They set an "outperform" rating and a $41.00 price objective for the company. Finally, The Goldman Sachs Group raised their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the stock a "neutral" rating in a report on Monday, August 5th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $39.83.

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.