Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) PT Raised to $34.00

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) had its price target increased by Mizuho from $31.00 to $34.00 in a report published on Friday, Benzinga reports. Mizuho currently has an outperform rating on the real estate investment trust’s stock.

HASI has been the subject of several other research reports. Oppenheimer reiterated an outperform rating and set a $48.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, May 16th. TD Cowen increased their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $35.00 to $40.00 and gave the stock a buy rating in a research report on Monday, May 13th. B. Riley raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a strong-buy rating in a research report on Tuesday, June 25th. StockNews.com raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a sell rating to a hold rating in a report on Wednesday, May 1st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $39.00 to $42.00 and gave the company an overweight rating in a report on Tuesday, July 16th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus target price of $34.36.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Hannon Armstrong Sustainable Infrastructure Capital stock opened at $32.78 on Friday. The business’s 50 day simple moving average is $31.37 and its 200 day simple moving average is $27.77. Hannon Armstrong Sustainable Infrastructure Capital has a 12 month low of $13.22 and a 12 month high of $33.99. The company has a market cap of $3.74 billion, a price-to-earnings ratio of 15.91, a PEG ratio of 1.24 and a beta of 1.98. The company has a current ratio of 15.60, a quick ratio of 15.61 and a debt-to-equity ratio of 1.87.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 12th. Shareholders of record on Wednesday, July 3rd were issued a $0.415 dividend. This represents a $1.66 annualized dividend and a yield of 5.06%. The ex-dividend date of this dividend was Wednesday, July 3rd. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 80.58%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Global Retirement Partners LLC increased its stake in Hannon Armstrong Sustainable Infrastructure Capital by 3,739.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,075 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 1,047 shares during the last quarter. Macroview Investment Management LLC purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the second quarter worth about $31,000. Scarborough Advisors LLC bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter worth approximately $40,000. Plato Investment Management Ltd purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the first quarter valued at approximately $49,000. Finally, Addison Advisors LLC lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 56.7% during the fourth quarter. Addison Advisors LLC now owns 1,970 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 713 shares during the last quarter. Institutional investors own 96.14% of the company’s stock.

About Hannon Armstrong Sustainable Infrastructure Capital

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.