Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) Given a $27.00 Price Target by B. Riley Analysts

Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) received a $27.00 target price from analysts at B. Riley in a note issued to investors on Thursday, December 28th. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. B. Riley’s price target suggests a potential upside of 20.27% from the company’s current price.

Several other research analysts have also commented on the stock. Roth Capital set a $28.00 price objective on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a report on Saturday, November 25th. Zacks Investment Research lowered shares of Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “sell” rating in a report on Monday, November 6th. Oppenheimer upped their price objective on shares of Hannon Armstrong Sustnbl Infrstr Cap from $26.00 to $28.00 and gave the stock an “outperform” rating in a report on Thursday, November 2nd. BidaskClub lowered shares of Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. Finally, Cowen restated a “buy” rating and issued a $28.00 price objective on shares of Hannon Armstrong Sustnbl Infrstr Cap in a report on Thursday, September 28th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $26.00.

Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) opened at $22.45 on Thursday. The company has a debt-to-equity ratio of 2.13, a current ratio of 2.74 and a quick ratio of 2.74. Hannon Armstrong Sustnbl Infrstr Cap has a 1-year low of $18.02 and a 1-year high of $25.28. The company has a market cap of $1,190.00, a price-to-earnings ratio of 36.80, a price-to-earnings-growth ratio of 1.58 and a beta of 0.93.

In related news, EVP Nathaniel Rose sold 8,000 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $23.58, for a total value of $188,640.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Daniel K. Mcmahon sold 5,000 shares of the stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $23.51, for a total transaction of $117,550.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 24,063 shares of company stock valued at $571,259. 5.40% of the stock is owned by company insiders.

A number of hedge funds have recently made changes to their positions in the stock. Colorado Capital Management Inc. grew its position in Hannon Armstrong Sustnbl Infrstr Cap by 3.7% during the 4th quarter. Colorado Capital Management Inc. now owns 64,368 shares of the real estate investment trust’s stock valued at $1,548,000 after purchasing an additional 2,278 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in Hannon Armstrong Sustnbl Infrstr Cap during the 3rd quarter valued at about $439,000. Eii Capital Management Inc. purchased a new stake in Hannon Armstrong Sustnbl Infrstr Cap during the 3rd quarter valued at about $487,000. Neuberger Berman Group LLC grew its position in Hannon Armstrong Sustnbl Infrstr Cap by 2.4% during the 3rd quarter. Neuberger Berman Group LLC now owns 810,588 shares of the real estate investment trust’s stock valued at $19,754,000 after purchasing an additional 19,081 shares during the last quarter. Finally, California Public Employees Retirement System grew its position in Hannon Armstrong Sustnbl Infrstr Cap by 5.5% during the 3rd quarter. California Public Employees Retirement System now owns 99,656 shares of the real estate investment trust’s stock valued at $2,429,000 after purchasing an additional 5,156 shares during the last quarter. 71.23% of the stock is currently owned by institutional investors.

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About Hannon Armstrong Sustnbl Infrstr Cap

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 Sustnbl Infrstr Cap (NYSE:HASI)

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