Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Acquired by MeadowBrook Investment Advisors LLC

MeadowBrook Investment Advisors LLC increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 64.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,065 shares of the real estate investment trust’s stock after buying an additional 3,542 shares during the period. MeadowBrook Investment Advisors LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $243,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Erste Asset Management GmbH purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the third quarter valued at approximately $73,622,000. Wellington Management Group LLP raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 3.9% during the third quarter. Wellington Management Group LLP now owns 13,206,158 shares of the real estate investment trust’s stock worth $455,216,000 after purchasing an additional 491,585 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 68.6% during the third quarter. Rockefeller Capital Management L.P. now owns 913,476 shares of the real estate investment trust’s stock worth $31,487,000 after purchasing an additional 371,593 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the third quarter worth approximately $5,616,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 44.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 497,203 shares of the real estate investment trust’s stock worth $17,139,000 after purchasing an additional 154,110 shares in the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Hannon Armstrong Sustainable Infrastructure Capital stock opened at $28.05 on Wednesday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52 week low of $23.15 and a 52 week high of $36.56. The company has a quick ratio of 13.55, a current ratio of 13.55 and a debt-to-equity ratio of 1.78. The firm’s 50-day simple moving average is $28.06 and its 200 day simple moving average is $30.92. The firm has a market capitalization of $3.32 billion, a PE ratio of 15.76, a P/E/G ratio of 1.06 and a beta of 1.95.

Analyst Ratings Changes

HASI has been the topic of a number of research analyst reports. StockNews.com cut shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Monday, November 11th. Truist Financial started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, February 6th. They issued a “buy” rating and a $40.00 target price on the stock. The Goldman Sachs Group cut their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Tuesday, December 17th. Citigroup raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 target price on the stock in a report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. cut their target price on shares of 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. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $40.23.

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.