Osterweis Capital Management Inc. Has $7.29 Million Position in Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI)

Osterweis Capital Management Inc. lowered its position in shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) by 45.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 339,322 shares of the real estate investment trust’s stock after selling 283,810 shares during the period. Osterweis Capital Management Inc.’s holdings in Hannon Armstrong Sustnbl Infrstr Cap were worth $7,285,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its position in shares of Hannon Armstrong Sustnbl Infrstr Cap by 23.4% in the third quarter. JPMorgan Chase & Co. now owns 369,198 shares of the real estate investment trust’s stock valued at $7,927,000 after purchasing an additional 70,126 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap in the third quarter valued at approximately $932,000. Baird Financial Group Inc. grew its position in shares of Hannon Armstrong Sustnbl Infrstr Cap by 19.2% in the third quarter. Baird Financial Group Inc. now owns 191,101 shares of the real estate investment trust’s stock valued at $4,132,000 after purchasing an additional 30,843 shares during the last quarter. CIBC World Markets Inc. acquired a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap in the third quarter valued at approximately $208,000. Finally, BSW Wealth Partners grew its position in shares of Hannon Armstrong Sustnbl Infrstr Cap by 88.6% in the third quarter. BSW Wealth Partners now owns 20,367 shares of the real estate investment trust’s stock valued at $437,000 after purchasing an additional 9,567 shares during the last quarter. Hedge funds and other institutional investors own 71.29% of the company’s stock.

In related news, EVP Daniel K. Mcmahon sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $22.84, for a total transaction of $456,800.00. Following the sale, the executive vice president now owns 287,571 shares in the company, valued at $6,568,121.64. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Rebecca Blalock bought 4,290 shares of the firm’s stock in a transaction that occurred on Friday, November 16th. The shares were purchased at an average price of $23.36 per share, for a total transaction of $100,214.40. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 6,879 shares of company stock worth $159,432. 5.30% of the stock is owned by company insiders.

Several research firms have recently commented on HASI. ValuEngine upgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “buy” rating in a research report on Wednesday. UBS Group lowered shares of Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “neutral” rating and increased their price target for the company from $22.00 to $23.00 in a research report on Friday, November 30th. Cowen reiterated a “buy” rating and issued a $27.00 price target on shares of Hannon Armstrong Sustnbl Infrstr Cap in a research report on Friday, November 9th. Zacks Investment Research upgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Thursday, November 8th. Finally, B. Riley set a $26.00 target price on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a research report on Friday, November 2nd. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $24.71.

Shares of NYSE HASI opened at $22.64 on Thursday. Hannon Armstrong Sustnbl Infrstr Cap Inc has a 1 year low of $17.33 and a 1 year high of $24.48. The company has a market cap of $1.23 billion, a P/E ratio of 21.56, a PEG ratio of 3.12 and a beta of 0.88. The company has a current ratio of 33.99, a quick ratio of 33.99 and a debt-to-equity ratio of 2.37.

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About Hannon Armstrong Sustnbl Infrstr Cap

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include energy efficiency projects that reduce a building's or facility's energy usage or cost through enhancing or installing various building components, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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Institutional Ownership by Quarter for Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI)

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