Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Stake Reduced by Consolidated Portfolio Review Corp

Consolidated Portfolio Review Corp decreased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 6.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,337 shares of the real estate investment trust’s stock after selling 1,478 shares during the period. Consolidated Portfolio Review Corp’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $572,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in HASI. State of Alaska Department of Revenue grew its position in Hannon Armstrong Sustainable Infrastructure Capital by 1.3% in the fourth quarter. State of Alaska Department of Revenue now owns 67,335 shares of the real estate investment trust’s stock worth $1,806,000 after buying an additional 880 shares during the last quarter. Abundance Wealth Counselors boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 2.1% during the 4th quarter. Abundance Wealth Counselors now owns 39,649 shares of the real estate investment trust’s stock worth $1,064,000 after acquiring an additional 820 shares in the last quarter. Everett Harris & Co. CA grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 68.5% in the 4th quarter. Everett Harris & Co. CA now owns 24,600 shares of the real estate investment trust’s stock worth $660,000 after acquiring an additional 10,000 shares during the last quarter. KBC Group NV raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 68.0% during the fourth quarter. KBC Group NV now owns 5,399 shares of the real estate investment trust’s stock worth $145,000 after purchasing an additional 2,186 shares during the period. Finally, Union Bancaire Privee UBP SA purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at $278,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 0.2 %

Shares of Hannon Armstrong Sustainable Infrastructure Capital stock opened at $28.21 on Friday. The firm has a market cap of $3.34 billion, a price-to-earnings ratio of 15.85, a P/E/G ratio of 1.05 and a beta of 1.95. The stock has a 50-day simple moving average of $28.22 and a 200-day simple moving average of $31.03. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52-week low of $23.14 and a 52-week high of $36.56. The company has a debt-to-equity ratio of 1.78, a current ratio of 13.55 and a quick ratio of 13.55.

Analyst Upgrades and Downgrades

HASI has been the topic of several recent analyst reports. Citigroup upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 price objective on the stock in a report on Wednesday, January 8th. Bank of America assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They set a “buy” rating and a $40.00 price target on the stock. Truist Financial started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday. They issued a “buy” rating and a $40.00 price objective for the company. JPMorgan Chase & Co. cut their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating on the stock in a research note on Thursday, January 23rd. Finally, StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital presently has an average rating of “Moderate Buy” and a consensus target price of $40.23.

Insider Activity at Hannon Armstrong Sustainable Infrastructure Capital

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn bought 3,500 shares of the stock in a transaction on Monday, November 11th. The shares were purchased at an average cost of $28.71 per share, with a total value of $100,485.00. Following the completion of the transaction, the chief financial officer now directly owns 56,791 shares of the company’s stock, valued at $1,630,469.61. This represents a 6.57 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.00% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital 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.