Creative Planning Takes $548,000 Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Creative Planning purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 15,902 shares of the real estate investment trust’s stock, valued at approximately $548,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Macroview Investment Management LLC purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at $31,000. Plato Investment Management Ltd purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital in the first quarter valued at about $49,000. Point72 Hong Kong Ltd purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital in the second quarter valued at about $69,000. Addison Advisors LLC grew its stake in Hannon Armstrong Sustainable Infrastructure Capital by 28.1% in the second quarter. Addison Advisors LLC now owns 2,642 shares of the real estate investment trust’s stock valued at $78,000 after purchasing an additional 580 shares in the last quarter. Finally, Summit Securities Group LLC purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital in the second quarter valued at about $90,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

NYSE HASI opened at $35.24 on Wednesday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $18.72 and a twelve month high of $36.56. The company has a debt-to-equity ratio of 1.77, a quick ratio of 13.27 and a current ratio of 13.27. The stock has a market capitalization of $4.10 billion, a PE ratio of 16.39, a P/E/G ratio of 1.28 and a beta of 1.98. The stock has a 50-day simple moving average of $34.14 and a 200 day simple moving average of $31.90.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Jefferies Financial Group assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Wednesday, September 4th. They issued a “buy” rating and a $39.00 target price on the stock. Royal Bank of Canada assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, September 3rd. They issued an “outperform” rating and a $41.00 target price on the stock. JPMorgan Chase & Co. boosted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $39.00 to $42.00 and gave the company an “overweight” rating in a research note on Tuesday, July 16th. Mizuho upped their price target on Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Finally, Robert W. Baird upped their price target on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an “outperform” rating in a research note on Friday, September 27th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital has an average rating of “Moderate Buy” and a consensus price target of $39.83.

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.