Is Hannon Armstrong (NYSE:HASI) Finally Worth Your Time? What Does JP Morgan Think?

June 14, 2018 - By Michael Collier

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 fall, 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.

Sfe Investment Counsel, California-based fund reported 69,440 shares. Blair William & Il reported 0% of its portfolio in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI). Howe And Rusling reported 250 shares stake. 4,061 were accumulated by Ameritas Investment Prtn. Cornerstone Advisors holds 0.09% or 6,605 shares in its portfolio. Citigroup holds 0% or 30,395 shares. Qs Ltd Liability Company holds 0% or 71 shares. Wellington Mngmt Gru Ltd Liability Partnership has invested 0.02% in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI). Advantus Cap has invested 0.03% in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI). Eventide Asset Management Ltd Liability Corporation accumulated 724,000 shares. Athena Capital Advsr Llc holds 65,989 shares or 0.32% of its portfolio. Focused Wealth Management has invested 0% in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI). Deutsche Financial Bank Ag accumulated 0% or 70,909 shares. Bank & Trust Of Mellon Corporation invested 0% of its portfolio in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI). Moreover, Ardsley Advisory Ptnrs has 1.58% invested in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI).

Since February 23, 2018, it had 9 buys, and 0 selling transactions for $713,338 activity. On Thursday, June 7 the insider Cirilli Mark bought $100,838. OSGOOD STEVEN G had bought 5,000 shares worth $91,400 on Monday, June 4.

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

JP Morgan published in an analyst report that it has initiated coverage on Hannon Armstrong (NYSE:HASI) stock, with “Overweight” rating and a $23 PT.

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 30.87% above currents $18.95 stock price. Hannon Armstrong had 6 analyst reports since December 22, 2017 according to SRatingsIntel. The company was maintained on Thursday, February 22 by Robert W. Baird. The stock of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has “Buy” rating given on Thursday, February 22 by FBR Capital. The stock has “Buy” rating by B. Riley & Co on Thursday, February 22. The stock of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) earned “Buy” rating by Roth Capital on Thursday, February 22.

The stock increased 4.06% or $0.74 during the last trading session, reaching $18.95. About 533,835 shares traded or 65.44% 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 18.95 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 $987.44 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 47.49 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 Seekingalpha.com published the news titled: “Hersha Hospitality Trust: An Unusual Divergence Creates A 7% Yield For Dividend Investors” on June 01, 2018. Prnewswire.com‘s news article titled: “Hannon Armstrong Announces $0.33 per Share Quarterly Dividend” with publication date: May 31, 2018 was also an interesting one.

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

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