Oppenheimer & Co. Inc. Cuts Stake in Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI)

Oppenheimer & Co. Inc. reduced its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) by 9.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 55,603 shares of the real estate investment trust’s stock after selling 5,477 shares during the period. Oppenheimer & Co. Inc. owned about 0.08% of Hannon Armstrong Sustnbl Infrstr Cap worth $1,135,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in HASI. First Trust Advisors LP grew its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 81.9% during the 1st quarter. First Trust Advisors LP now owns 173,815 shares of the real estate investment trust’s stock worth $4,457,000 after acquiring an additional 78,256 shares in the last quarter. State Street Corp grew its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 2.3% during the 3rd quarter. State Street Corp now owns 1,289,106 shares of the real estate investment trust’s stock worth $37,577,000 after acquiring an additional 28,872 shares in the last quarter. Stifel Financial Corp grew its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 23.2% during the 3rd quarter. Stifel Financial Corp now owns 20,157 shares of the real estate investment trust’s stock worth $586,000 after acquiring an additional 3,792 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 16.3% during the 4th quarter. Nisa Investment Advisors LLC now owns 25,514 shares of the real estate investment trust’s stock worth $821,000 after acquiring an additional 3,577 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 5.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 99,670 shares of the real estate investment trust’s stock worth $3,207,000 after acquiring an additional 5,287 shares in the last quarter. 69.16% of the stock is currently owned by hedge funds and other institutional investors.

In other Hannon Armstrong Sustnbl Infrstr Cap news, CEO Jeffrey Eckel purchased 4,000 shares of Hannon Armstrong Sustnbl Infrstr Cap stock in a transaction that occurred on Monday, March 16th. The stock was purchased at an average price of $20.66 per share, for a total transaction of $82,640.00. Following the transaction, the chief executive officer now directly owns 404,377 shares in the company, valued at $8,354,428.82. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Steven Chuslo purchased 5,000 shares of Hannon Armstrong Sustnbl Infrstr Cap stock in a transaction that occurred on Thursday, March 19th. The stock was acquired at an average price of $16.93 per share, with a total value of $84,650.00. Following the transaction, the executive vice president now owns 280,365 shares in the company, valued at $4,746,579.45. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 11,000 shares of company stock valued at $206,860 and sold 49,580 shares valued at $1,553,234. 3.40% of the stock is owned by corporate insiders.

Several research analysts have commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of Hannon Armstrong Sustnbl Infrstr Cap from $37.00 to $39.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Morgan Stanley upped their target price on shares of Hannon Armstrong Sustnbl Infrstr Cap from $26.00 to $28.00 and gave the company an “equal weight” rating in a report on Friday, May 15th. B. Riley upped their target price on shares of Hannon Armstrong Sustnbl Infrstr Cap from $33.00 to $42.00 and gave the company a “buy” rating in a report on Friday, February 21st. Bank of America upgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “neutral” rating to a “buy” rating and set a $25.00 target price for the company in a report on Tuesday, March 24th. Finally, Roth Capital upped their target price on shares of Hannon Armstrong Sustnbl Infrstr Cap from $35.00 to $44.00 in a report on Thursday, February 27th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $35.67.

Shares of Hannon Armstrong Sustnbl Infrstr Cap stock opened at $29.46 on Friday. The company has a fifty day simple moving average of $25.74 and a 200-day simple moving average of $29.79. Hannon Armstrong Sustnbl Infrstr Cap Inc has a 12-month low of $15.01 and a 12-month high of $39.91. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 22.74, a PEG ratio of 9.19 and a beta of 1.55. The company has a current ratio of 26.82, a quick ratio of 26.82 and a debt-to-equity ratio of 1.39.

Hannon Armstrong Sustnbl Infrstr Cap Company Profile

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 energy efficiency projects that reduce a building's or facility's energy usage or cost through the use of solar generation, including heating, ventilation, and air conditioning systems, 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 Sustnbl Infrstr Cap (NYSE:HASI)

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