Sheaff Brock Investment Advisors LLC Has $202,000 Stock Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Sheaff Brock Investment Advisors LLC reduced its position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASIGet Rating) by 14.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 4,261 shares of the real estate investment trust’s stock after selling 739 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $202,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CWM LLC acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 4th quarter valued at $28,000. Prospera Financial Services Inc acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth $67,000. Exchange Traded Concepts LLC grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 32.4% during the first quarter. Exchange Traded Concepts LLC now owns 1,904 shares of the real estate investment trust’s stock worth $90,000 after purchasing an additional 466 shares during the period. Resources Management Corp CT ADV grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 46.9% during the fourth quarter. Resources Management Corp CT ADV now owns 2,764 shares of the real estate investment trust’s stock worth $147,000 after purchasing an additional 883 shares during the period. Finally, Private Capital Group LLC grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 15.8% during the first quarter. Private Capital Group LLC now owns 3,160 shares of the real estate investment trust’s stock worth $150,000 after purchasing an additional 430 shares during the period. 77.94% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Jeffrey Eckel purchased 2,668 shares of the business’s stock in a transaction dated Friday, May 13th. The shares were bought at an average cost of $37.41 per share, for a total transaction of $99,809.88. Following the completion of the acquisition, the chief executive officer now directly owns 535,507 shares in the company, valued at approximately $20,033,316.87. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CEO Jeffrey Eckel purchased 2,668 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction that occurred on Friday, May 13th. The stock was purchased at an average cost of $37.41 per share, with a total value of $99,809.88. Following the completion of the transaction, the chief executive officer now owns 535,507 shares of the company’s stock, valued at approximately $20,033,316.87. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Jeffrey Lipson bought 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 13th. The stock was purchased at an average cost of $37.18 per share, with a total value of $111,540.00. Following the completion of the purchase, the chief financial officer now directly owns 30,737 shares of the company’s stock, valued at approximately $1,142,801.66. The disclosure for this purchase can be found here. Corporate insiders own 3.40% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 4.9 %

NYSE:HASI opened at $40.00 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $28.68 and a 1 year high of $65.74. The company has a current ratio of 18.00, a quick ratio of 18.00 and a debt-to-equity ratio of 1.56. The stock has a market cap of $3.48 billion, a price-to-earnings ratio of 41.24, a PEG ratio of 2.04 and a beta of 1.62. The stock has a 50-day moving average price of $36.36 and a two-hundred day moving average price of $40.46.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASIGet Rating) last posted its earnings results on Tuesday, May 3rd. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.04. Hannon Armstrong Sustainable Infrastructure Capital had a return on equity of 10.80% and a net margin of 38.63%. During the same period in the previous year, the business earned $0.37 earnings per share. As a group, equities analysts expect that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 1.81 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on HASI. Morgan Stanley decreased their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $66.00 to $55.00 and set an “equal weight” rating for the company in a research note on Monday, June 13th. B. Riley lifted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $64.00 to $67.00 and gave the stock a “buy” rating in a research note on Friday, April 22nd. Finally, StockNews.com raised Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Monday, May 16th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital has an average rating of “Moderate Buy” and a consensus price target of $61.50.

About Hannon Armstrong Sustainable Infrastructure Capital

(Get Rating)

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 building or facility that reduce energy usage or cost through the use of solar generation and energy storage or energy efficiency improvements, including heating, ventilation, and air conditioning systems (HVAC), as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

Recommended Stories

Institutional Ownership by Quarter for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

Receive News & Ratings for Hannon Armstrong Sustainable Infrastructure Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hannon Armstrong Sustainable Infrastructure Capital and related companies with MarketBeat.com's FREE daily email newsletter.