BidaskClub upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) from a hold rating to a buy rating in a research report report published on Thursday.

HASI has been the subject of a number of other research reports. Zacks Investment Research cut Hannon Armstrong Sustainable Infrastructure Capital from a buy rating to a hold rating in a research report on Tuesday, May 9th. Morgan Stanley restated an equal weight rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Tuesday, July 11th. FBR & Co restated a buy rating and issued a $26.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Friday, June 30th. Roth Capital set a $25.00 price target on Hannon Armstrong Sustainable Infrastructure Capital and gave the company a buy rating in a research report on Tuesday, May 2nd. Finally, Oppenheimer Holdings, Inc. restated a buy rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Tuesday, August 8th. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of $25.44.

Shares of Hannon Armstrong Sustainable Infrastructure Capital (HASI) traded up 0.64% during trading on Thursday, hitting $23.46. 184,097 shares of the company were exchanged. The firm has a market capitalization of $1.21 billion, a PE ratio of 42.50 and a beta of 0.96. Hannon Armstrong Sustainable Infrastructure Capital has a 12 month low of $18.02 and a 12 month high of $25.21. The firm’s 50-day moving average price is $23.21 and its 200 day moving average price is $21.65.

COPYRIGHT VIOLATION WARNING: “Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) Upgraded at BidaskClub” was reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://theolympiareport.com/2017/08/27/hannon-armstrong-sustainable-infrastructure-capital-inc-hasi-upgraded-at-bidaskclub.html.

In other Hannon Armstrong Sustainable Infrastructure Capital news, EVP Nathaniel Rose sold 6,000 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $23.85, for a total value of $143,100.00. Following the sale, the executive vice president now directly owns 297,506 shares of the company’s stock, valued at approximately $7,095,518.10. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Daniel K. Mcmahon sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $24.11, for a total value of $120,550.00. Following the completion of the sale, the executive vice president now directly owns 263,167 shares in the company, valued at $6,344,956.37. The disclosure for this sale can be found here. 7.20% of the stock is currently owned by company insiders.

A number of hedge funds have recently modified their holdings of the company. Advisor Group Inc. raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 8.5% in the second quarter. Advisor Group Inc. now owns 4,444 shares of the real estate investment trust’s stock worth $101,000 after buying an additional 350 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 2,784.3% in the second quarter. BNP Paribas Arbitrage SA now owns 5,336 shares of the real estate investment trust’s stock worth $122,000 after buying an additional 5,151 shares during the last quarter. US Bancorp DE raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 8.0% in the first quarter. US Bancorp DE now owns 5,398 shares of the real estate investment trust’s stock worth $108,000 after buying an additional 400 shares during the last quarter. Creative Planning raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 83.0% in the second quarter. Creative Planning now owns 6,496 shares of the real estate investment trust’s stock worth $149,000 after buying an additional 2,946 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth about $167,000. 69.28% of the stock is currently owned by hedge funds and other institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Company Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc makes debt and equity investments in sustainable infrastructure, including energy efficiency and renewable energy. The Company focuses on providing preferred or senior level capital to sponsors and obligors for assets that generate long-term, recurring and predictable cash flows.

Analyst Recommendations for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

Receive News & Ratings for Hannon Armstrong Sustainable Infrastructure Capital Inc. 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 Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.