Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI – Get Free Report) had its price objective lifted by JPMorgan Chase & Co. from $37.00 to $39.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 17.01% from the stock’s previous close.
A number of other equities research analysts have also commented on HASI. The Goldman Sachs Group increased their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Friday, February 16th. TheStreet raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a research note on Thursday, February 15th. B. Riley raised their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $41.00 to $44.00 and gave the company a “buy” rating in a research report on Monday, April 22nd. TD Cowen upped their target price on Hannon Armstrong Sustainable Infrastructure Capital from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, May 13th. Finally, StockNews.com raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a report on Wednesday, May 1st. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $33.82.
View Our Latest Report on HASI
Hannon Armstrong Sustainable Infrastructure Capital Stock Up 3.7 %
Hannon Armstrong Sustainable Infrastructure Capital stock opened at $33.33 on Thursday. The business has a fifty day moving average of $27.72 and a two-hundred day moving average of $25.86. Hannon Armstrong Sustainable Infrastructure Capital has a twelve month low of $13.22 and a twelve month high of $33.76. The company has a quick ratio of 15.61, a current ratio of 15.60 and a debt-to-equity ratio of 1.87. The firm has a market cap of $3.80 billion, a P/E ratio of 16.18, a P/E/G ratio of 1.24 and a beta of 1.88.
Institutional Trading of Hannon Armstrong Sustainable Infrastructure Capital
Several institutional investors and hedge funds have recently bought and sold shares of the company. Manchester Capital Management LLC lifted its position in 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 worth $26,000 after purchasing an additional 1,074 shares during the period. Global Retirement Partners LLC lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 3,739.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,075 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 1,047 shares during the last quarter. Westside Investment Management Inc. bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter worth $34,000. Scarborough Advisors LLC acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter worth approximately $40,000. Finally, Plato Investment Management Ltd bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth about $49,000. Institutional investors and hedge funds own 96.14% of the company’s stock.
Hannon Armstrong Sustainable Infrastructure Capital Company Profile
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.
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