Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) Stock Rating Upgraded by B. Riley

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) was upgraded by B. Riley to a “strong-buy” rating in a report released on Tuesday, Zacks.com reports.

A number of other equities analysts also recently commented on HASI. Oppenheimer reissued an “outperform” rating and issued a $48.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, May 16th. TD Cowen boosted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, May 13th. Morgan Stanley boosted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the stock an “overweight” rating in a research note on Monday, February 26th. JPMorgan Chase & Co. boosted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $37.00 to $39.00 and gave the stock an “overweight” rating in a research note on Thursday, May 23rd. Finally, StockNews.com raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $33.82.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 0.1 %

Shares of NYSE HASI opened at $29.91 on Tuesday. The company has a debt-to-equity ratio of 1.87, a quick ratio of 15.61 and a current ratio of 15.60. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 14.52, a PEG ratio of 1.13 and a beta of 1.99. The stock has a 50 day moving average price of $30.16 and a 200 day moving average price of $27.26. Hannon Armstrong Sustainable Infrastructure Capital has a 52-week low of $13.22 and a 52-week high of $33.99.

Hedge Funds Weigh In On Hannon Armstrong Sustainable Infrastructure Capital

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 6.0% in the fourth quarter. Vanguard Group Inc. now owns 12,618,157 shares of the real estate investment trust’s stock valued at $348,009,000 after purchasing an additional 713,519 shares during the last quarter. Swedbank AB purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the first quarter valued at $106,881,000. Van ECK Associates Corp boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 44.9% in the fourth quarter. Van ECK Associates Corp now owns 1,883,537 shares of the real estate investment trust’s stock valued at $51,948,000 after purchasing an additional 583,665 shares during the last quarter. Northern Trust Corp boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 8.2% in the third quarter. Northern Trust Corp now owns 1,553,220 shares of the real estate investment trust’s stock valued at $32,928,000 after purchasing an additional 117,549 shares during the last quarter. Finally, Vontobel Holding Ltd. boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 4.5% in the fourth quarter. Vontobel Holding Ltd. now owns 1,517,987 shares of the real estate investment trust’s stock valued at $41,866,000 after purchasing an additional 64,915 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

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.