Jupiter Asset Management Ltd. Sells 176,442 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Jupiter Asset Management Ltd. trimmed its position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASIFree Report) by 80.8% in the third quarter, Holdings Channel reports. The fund owned 42,062 shares of the real estate investment trust’s stock after selling 176,442 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $892,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Chilton Capital Management LLC bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 1st quarter valued at $29,000. Lazard Asset Management LLC bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 1st quarter worth $38,000. CWM LLC raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 33.1% during the 2nd quarter. CWM LLC now owns 1,969 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 490 shares during the last quarter. ICA Group Wealth Management LLC bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter worth $63,000. Finally, Harbour Investments Inc. raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 34.3% during the 4th quarter. Harbour Investments Inc. now owns 2,232 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 570 shares during the last quarter. 85.96% of the stock is currently owned by institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of HASI opened at $23.86 on Monday. The company has a debt-to-equity ratio of 1.74, a current ratio of 19.73 and a quick ratio of 19.73. The stock has a 50-day moving average of $25.49 and a 200-day moving average of $22.81. The company has a market cap of $2.66 billion, a PE ratio of 62.79, a P/E/G ratio of 1.07 and a beta of 1.88. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $13.22 and a one year high of $36.44.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HASI. B. Riley raised their target price on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $41.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. TheStreet downgraded Hannon Armstrong Sustainable Infrastructure Capital from a “c-” rating to a “d+” rating in a report on Wednesday, November 1st. StockNews.com downgraded Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Thursday, January 25th. The Goldman Sachs Group began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Tuesday, November 28th. They set a “neutral” rating and a $26.00 price target for the company. Finally, BNP Paribas began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Friday, October 20th. They set an “outperform” rating and a $29.00 price target for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $33.00.

Read Our Latest Analysis on HASI

About Hannon Armstrong Sustainable Infrastructure Capital

(Free Report)

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 building or facility that reduce energy usage or cost through the use of solar generation and energy storage or energy efficiency improvements, including heating, ventilation, and air conditioning systems (HVAC), 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 Sustainable Infrastructure Capital (NYSE:HASI)

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