Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASIGet Free Report) have been given an average recommendation of “Moderate Buy” by the seven analysts that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $31.44.

Several research firms have weighed in on HASI. Morgan Stanley upped their target price on Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the stock an “overweight” rating in a research note on Monday, February 26th. The Goldman Sachs Group lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $25.00 to $28.00 and gave the company a “neutral” rating in a research report on Friday, February 16th. StockNews.com raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a report on Tuesday, March 12th. B. Riley lifted their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $41.00 and gave the company a “buy” rating in a report on Monday, February 5th. Finally, Mizuho increased their price objective 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.

View Our Latest Stock Analysis on Hannon Armstrong Sustainable Infrastructure Capital

Hedge Funds Weigh In On Hannon Armstrong Sustainable Infrastructure Capital

A number of hedge funds have recently modified their holdings of the business. AlphaCrest Capital Management LLC increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 9.5% during the 1st quarter. AlphaCrest Capital Management LLC now owns 8,712 shares of the real estate investment trust’s stock valued at $413,000 after purchasing an additional 754 shares during the period. Natixis Advisors L.P. grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 22.7% during the 1st quarter. Natixis Advisors L.P. now owns 12,806 shares of the real estate investment trust’s stock worth $607,000 after acquiring an additional 2,371 shares during the period. MetLife Investment Management LLC raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 54.6% in the 1st quarter. MetLife Investment Management LLC now owns 40,317 shares of the real estate investment trust’s stock worth $1,912,000 after acquiring an additional 14,237 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 37,622 shares of the real estate investment trust’s stock valued at $1,784,000 after purchasing an additional 1,207 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 7,833,390 shares of the real estate investment trust’s stock valued at $371,538,000 after purchasing an additional 86,269 shares during the period. Institutional investors and hedge funds own 85.96% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of Hannon Armstrong Sustainable Infrastructure Capital stock opened at $24.45 on Wednesday. The company has a current ratio of 19.42, a quick ratio of 19.42 and a debt-to-equity ratio of 1.98. The company has a market cap of $2.75 billion, a PE ratio of 18.25, a price-to-earnings-growth ratio of 1.13 and a beta of 1.87. The company has a 50 day moving average of $24.64 and a 200-day moving average of $23.28. Hannon Armstrong Sustainable Infrastructure Capital has a 1-year low of $13.22 and a 1-year high of $29.88.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 19th. Shareholders of record on Friday, April 5th will be given a $0.415 dividend. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.40. This represents a $1.66 annualized dividend and a yield of 6.79%. The ex-dividend date is Thursday, April 4th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is 123.88%.

Hannon Armstrong Sustainable Infrastructure Capital Company Profile

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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.

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