Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) PT Raised to $44.00 at B. Riley

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

A number of other research firms have also recently commented on HASI. StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, March 20th. Morgan Stanley lifted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the company an “overweight” rating in a research report on Monday, February 26th. TheStreet upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a research report on Thursday, February 15th. Bank of America raised their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Wednesday, March 13th. Finally, Mizuho increased their target price on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $31.00 and gave the company a “buy” rating in a report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $32.22.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 0.8 %

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

Institutional Trading of Hannon Armstrong Sustainable Infrastructure Capital

Institutional investors have recently made changes to their positions in the company. Congress Asset Management Co. MA raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 1.4% in the first quarter. Congress Asset Management Co. MA now owns 38,856 shares of the real estate investment trust’s stock valued at $1,103,000 after purchasing an additional 532 shares during the period. Catalyst Capital Advisors LLC lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 13.0% in the third quarter. Catalyst Capital Advisors LLC now owns 4,837 shares of the real estate investment trust’s stock valued at $103,000 after buying an additional 557 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 6.8% during the third quarter. DekaBank Deutsche Girozentrale now owns 9,970 shares of the real estate investment trust’s stock worth $208,000 after buying an additional 635 shares during the period. Arden Trust Co increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.2% during the fourth quarter. Arden Trust Co now owns 16,732 shares of the real estate investment trust’s stock valued at $461,000 after acquiring an additional 675 shares during the last quarter. Finally, Addison Advisors LLC raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 56.7% in the 4th quarter. Addison Advisors LLC now owns 1,970 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 713 shares during the period. Hedge funds and other 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.