Hannon Armstrong Sust. Infr (NYSE:HASI) Is A Stock That JP Morgan Seems to be Very Interested In

June 14, 2018 - By Marry Poplack

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Logo

Investors sentiment decreased to 0.95 in 2018 Q1. Its down 0.55, from 1.5 in 2017Q4. It worsened, as 15 investors sold Hannon Armstrong Sustainable Infrastructure Capital, Inc. shares while 49 reduced holdings. 14 funds opened positions while 47 raised stakes. 34.17 million shares or 0.29% less from 34.27 million shares in 2017Q4 were reported.

Of Vermont has invested 0% of its portfolio in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI). Axa owns 64,827 shares. Wolverine Asset Mngmt Limited Liability Com holds 426,131 shares. Metropolitan Life Insurance Ny stated it has 0% in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI). Geode Cap Mgmt Limited Liability Company reported 0% of its portfolio in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI). Guggenheim Capital Ltd stated it has 932,123 shares. Td Asset reported 29,700 shares. Georgia-based Atlantic Trust Lc has invested 0% in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI). Vanguard holds 0% of its portfolio in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) for 2.27 million shares. Aqr Ltd Co accumulated 22,637 shares. 582,695 are held by Northern Tru Corporation. Financial And Inv Mngmt Grp Inc Limited has invested 1.34% in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI). Aristotle Cap Boston holds 0.7% or 767,458 shares. Clearbridge Invests Limited Liability Com holds 0% or 500 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 4,106 shares or 0% of their US portfolio.

Since February 23, 2018, it had 9 insider buys, and 0 insider sales for $713,338 activity. Shares for $91,400 were bought by OSGOOD STEVEN G on Monday, June 4. Shares for $100,838 were bought by Cirilli Mark.

Why Has JP Morgan Given Hannon Armstrong Sust. Infr (NYSE:HASI) a $23 Price Target

In a research report made public on 14 June, JP Morgan analyst has today began coverage for Hannon Armstrong Sust. Infr (NYSE:HASI) shares with a Overweight rating. The target price is $23.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Ratings Coverage

Among 5 analysts covering Hannon Armstrong (NYSE:HASI), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Hannon Armstrong has $27.0 highest and $21 lowest target. $24.80’s average target is 32.06% above currents $18.78 stock price. Hannon Armstrong had 6 analyst reports since December 22, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, February 22 by Roth Capital. The firm has “Buy” rating by B. Riley & Co given on Thursday, February 22. FBR Capital maintained Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) on Thursday, February 22 with “Buy” rating. The firm has “Outperform” rating by Robert W. Baird given on Thursday, February 22.

The stock increased 3.13% or $0.57 during the last trading session, reaching $18.78. About 675,991 shares traded or 109.50% up from the average. Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has declined 17.49% since June 14, 2017 and is downtrending. It has underperformed by 30.06% the S&P500.

Analysts await Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) to report earnings on August, 1. They expect $0.25 EPS, down 10.71 % or $0.03 from last year’s $0.28 per share. HASI’s profit will be $13.03M for 18.78 P/E if the $0.25 EPS becomes a reality. After $0.24 actual EPS reported by Hannon Armstrong Sustainable Infrastructure Capital, Inc. for the previous quarter, Wall Street now forecasts 4.17 % EPS growth.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. provides a range of debt and equity investments to the energy efficiency and renewable energy markets in the United States. The company has market cap of $978.59 million. The companyÂ’s projects include energy efficiency projects that reduce a buildingÂ’s or facilityÂ’s energy usage or cost through enhancing or installing various building components, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems. It has a 47.07 P/E ratio. The Company’s projects also comprise renewable energy projects, which deploy cleaner energy sources, such as solar and wind to generate power production.

More recent Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) news were published by: Nasdaq.com which released: “3 Stocks That Pay You” on June 06, 2018. Also Prnewswire.com published the news titled: “Hannon Armstrong Announces $0.33 per Share Quarterly Dividend” on May 31, 2018. Seekingalpha.com‘s news article titled: “Hersha Hospitality Trust: An Unusual Divergence Creates A 7% Yield For Dividend Investors” with publication date: June 01, 2018 was also an interesting one.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Institutional Positions Chart

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