Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Bought by Pathstone Family Office LLC

Pathstone Family Office LLC increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASIFree Report) by 54.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 63,062 shares of the real estate investment trust’s stock after buying an additional 22,166 shares during the period. Pathstone Family Office LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $1,337,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. BlackRock Inc. increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 22.5% during the second quarter. BlackRock Inc. now owns 8,702,176 shares of the real estate investment trust’s stock worth $217,554,000 after buying an additional 1,599,641 shares during the period. Vanguard Group Inc. increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 0.5% during the third quarter. Vanguard Group Inc. now owns 8,075,956 shares of the real estate investment trust’s stock worth $241,714,000 after buying an additional 43,499 shares during the period. Handelsbanken Fonder AB increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 31.2% during the second quarter. Handelsbanken Fonder AB now owns 4,018,287 shares of the real estate investment trust’s stock worth $100,457,000 after buying an additional 956,500 shares during the period. T. Rowe Price Investment Management Inc. increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 14.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,856,866 shares of the real estate investment trust’s stock worth $111,772,000 after buying an additional 498,044 shares during the period. Finally, Amundi increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 58.8% during the fourth quarter. Amundi now owns 2,898,675 shares of the real estate investment trust’s stock worth $85,859,000 after buying an additional 1,073,727 shares during the period. 85.96% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. TheStreet lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “c-” rating to a “d+” rating in a research note on Wednesday, November 1st. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Thursday, January 25th. The Goldman Sachs Group initiated coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, November 28th. They issued a “neutral” rating and a $26.00 price target on the stock. BNP Paribas initiated coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Friday, October 20th. They issued an “outperform” rating and a $29.00 price target on the stock. Finally, Mizuho increased their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $31.00 and gave the company a “buy” rating in a research note on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $33.00.

View Our Latest Analysis on HASI

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

HASI stock opened at $25.17 on Tuesday. The company has a market capitalization of $2.80 billion, a P/E ratio of 66.24, a PEG ratio of 1.07 and a beta of 1.88. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $13.22 and a twelve month high of $36.44. The business has a 50 day simple moving average of $25.48 and a 200-day simple moving average of $22.80. The company has a current ratio of 19.73, a quick ratio of 19.73 and a debt-to-equity ratio of 1.74.

Hannon Armstrong Sustainable Infrastructure Capital Company Profile

(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.

See Also

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Institutional Ownership by Quarter for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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