SFE Investment Counsel Has $4.19 Million Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

SFE Investment Counsel lessened its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 16.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 156,104 shares of the real estate investment trust’s stock after selling 30,120 shares during the quarter. SFE Investment Counsel owned approximately 0.13% of Hannon Armstrong Sustainable Infrastructure Capital worth $4,188,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in HASI. Legend Financial Advisors Inc. purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter worth $27,000. Blue Trust Inc. increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 57.8% in the 4th quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 394 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter worth about $60,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter valued at about $73,000. Finally, Covestor Ltd grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 31.1% in the 3rd quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust’s stock valued at $77,000 after buying an additional 530 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 1.0 %

HASI opened at $27.80 on Thursday. The company has a market capitalization of $3.29 billion, a P/E ratio of 15.62, a P/E/G ratio of 1.06 and a beta of 1.95. The company has a debt-to-equity ratio of 1.78, a current ratio of 13.55 and a quick ratio of 13.55. The firm’s fifty day moving average price is $27.99 and its two-hundred day moving average price is $30.90. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $23.15 and a fifty-two week high of $36.56.

Wall Street Analysts Forecast Growth

HASI has been the subject of a number of analyst reports. StockNews.com cut shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. Bank of America began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Monday, November 25th. They set a “buy” rating and a $40.00 target price on the stock. Truist Financial assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 6th. They issued a “buy” rating and a $40.00 price target for the company. JPMorgan Chase & Co. lowered their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating on the stock in a report on Thursday, January 23rd. Finally, The Goldman Sachs Group reduced their target price on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating for the company in a report on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $40.23.

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.