Rhumbline Advisers Increases Stock Holdings in Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI)

Rhumbline Advisers lifted its position in Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) by 11.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 101,954 shares of the real estate investment trust’s stock after purchasing an additional 10,184 shares during the period. Rhumbline Advisers’ holdings in Hannon Armstrong Sustnbl Infrstr Cap were worth $2,972,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in HASI. FCA Corp TX bought a new position in shares of Hannon Armstrong Sustnbl Infrstr Cap in the second quarter worth approximately $214,000. Strs Ohio grew its position in Hannon Armstrong Sustnbl Infrstr Cap by 3.1% during the second quarter. Strs Ohio now owns 16,400 shares of the real estate investment trust’s stock valued at $462,000 after acquiring an additional 500 shares during the last quarter. Creative Planning bought a new position in Hannon Armstrong Sustnbl Infrstr Cap during the second quarter valued at approximately $260,000. Envestnet Asset Management Inc. grew its position in Hannon Armstrong Sustnbl Infrstr Cap by 8.0% during the third quarter. Envestnet Asset Management Inc. now owns 29,052 shares of the real estate investment trust’s stock valued at $847,000 after acquiring an additional 2,151 shares during the last quarter. Finally, Glassman Wealth Services grew its position in Hannon Armstrong Sustnbl Infrstr Cap by 210.2% during the second quarter. Glassman Wealth Services now owns 3,502 shares of the real estate investment trust’s stock valued at $99,000 after acquiring an additional 2,373 shares during the last quarter. 73.05% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have commented on HASI. UBS Group increased their price target on shares of Hannon Armstrong Sustnbl Infrstr Cap from $27.00 to $29.00 and gave the company a “neutral” rating in a research report on Friday. Zacks Investment Research upgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating and set a $33.00 price target on the stock in a research report on Thursday, November 7th. Finally, ValuEngine cut shares of Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Hannon Armstrong Sustnbl Infrstr Cap currently has an average rating of “Buy” and an average price target of $29.50.

Shares of NYSE:HASI traded down $0.07 during trading on Tuesday, reaching $29.43. 198,172 shares of the company traded hands, compared to its average volume of 272,440. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 24.73, a P/E/G ratio of 8.89 and a beta of 1.02. Hannon Armstrong Sustnbl Infrstr Cap Inc has a 52-week low of $18.83 and a 52-week high of $31.22. The company has a current ratio of 29.13, a quick ratio of 29.13 and a debt-to-equity ratio of 1.54. The business’s fifty day moving average is $29.10 and its 200-day moving average is $27.78.

Hannon Armstrong Sustnbl Infrstr Cap Company Profile

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 the use of solar generation, 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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