Catalyst Capital Advisors LLC Buys 7,996 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Catalyst Capital Advisors LLC boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 2,331.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,339 shares of the real estate investment trust’s stock after purchasing an additional 7,996 shares during the period. Catalyst Capital Advisors LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $287,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in HASI. First Affirmative Financial Network grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.0% in the third quarter. First Affirmative Financial Network now owns 8,129 shares of the real estate investment trust’s stock worth $280,000 after acquiring an additional 384 shares during the period. AQR Capital Management LLC grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.6% during the 2nd quarter. AQR Capital Management LLC now owns 24,262 shares of the real estate investment trust’s stock valued at $718,000 after purchasing an additional 392 shares during the period. Los Angeles Capital Management LLC increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.2% during the 2nd quarter. Los Angeles Capital Management LLC now owns 8,082 shares of the real estate investment trust’s stock valued at $239,000 after purchasing an additional 401 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.5% in the second quarter. Nisa Investment Advisors LLC now owns 29,138 shares of the real estate investment trust’s stock worth $862,000 after buying an additional 432 shares during the last quarter. Finally, Harrington Investments INC boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3.8% in the second quarter. Harrington Investments INC now owns 12,324 shares of the real estate investment trust’s stock worth $365,000 after buying an additional 450 shares during the last quarter. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 1.4 %

Shares of HASI stock opened at $35.24 on Wednesday. The company has a current ratio of 13.27, a quick ratio of 13.27 and a debt-to-equity ratio of 1.77. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of 16.39, a price-to-earnings-growth ratio of 1.28 and a beta of 1.98. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $18.72 and a 12-month high of $36.56. The stock’s 50-day moving average price is $34.14 and its 200-day moving average price is $31.90.

Analyst Ratings Changes

Several research analysts have weighed in on HASI shares. The Goldman Sachs Group increased their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Mizuho lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Morgan Stanley boosted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the company an “overweight” rating in a research note on Wednesday, July 31st. Robert W. Baird raised their target price on shares of 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. Finally, Royal Bank of Canada initiated coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Tuesday, September 3rd. They issued an “outperform” rating and a $41.00 price target for the company. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. 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 Company 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.