Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) Price Target Raised to $44.00

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) had its target price upped by analysts at B. Riley from $41.00 to $44.00 in a research note issued on Monday, Benzinga reports. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. B. Riley’s price target points to a potential upside of 71.88% from the company’s current price.

Other analysts have also issued research reports about the company. Morgan Stanley upped their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the company an “overweight” rating in a research note on Monday, February 26th. Mizuho increased their price target on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $31.00 and gave the company a “buy” rating in a research note on Wednesday, January 3rd. The Goldman Sachs Group raised their price target on Hannon Armstrong Sustainable Infrastructure Capital from $25.00 to $28.00 and gave the company a “neutral” rating in a report on Friday, February 16th. StockNews.com downgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Wednesday, March 20th. Finally, Bank of America raised their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Wednesday, March 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $32.22.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 0.8 %

Shares of HASI stock opened at $25.60 on Monday. Hannon Armstrong Sustainable Infrastructure Capital has a 52-week low of $13.22 and a 52-week high of $29.88. The stock has a market cap of $2.91 billion, a price-to-earnings ratio of 19.10, a PEG ratio of 0.95 and a beta of 1.88. The firm’s 50-day moving average is $25.89 and its 200-day moving average is $24.01. The company has a debt-to-equity ratio of 1.98, a quick ratio of 19.42 and a current ratio of 19.42.

Institutional Trading of Hannon Armstrong Sustainable Infrastructure Capital

A number of institutional investors have recently bought and sold shares of HASI. Manchester Capital Management LLC raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 706.6% in the third quarter. Manchester Capital Management LLC now owns 1,226 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 1,074 shares in the last quarter. Global Retirement Partners LLC raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 3,739.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,075 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 1,047 shares in the last quarter. Westside Investment Management Inc. bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter valued at $34,000. Scarborough Advisors LLC acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter worth $40,000. Finally, Addison Advisors LLC increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 56.7% in the fourth quarter. Addison Advisors LLC now owns 1,970 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 713 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.