JPMorgan Says That Hannon Armstrong Sust. Infr (HASI) Has $23.0 Stock Target

June 14, 2018 - By Louis Casey

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

Investors sentiment decreased to 0.95 in Q1 2018. Its down 0.55, from 1.5 in 2017Q4. It turned negative, 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.

Phocas Corporation invested 0.36% of its portfolio in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI). Royal Commercial Bank Of Canada holds 0% of its portfolio in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) for 125,851 shares. Moreover, Sandy Spring Financial Bank has 0.01% invested in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI). 437,319 were reported by Geode Capital Limited Com. Gilman Hill Asset Limited Company holds 254,502 shares. Bessemer Group accumulated 0% or 1 shares. Fort Washington Invest Oh holds 14,700 shares. Hanson And Doremus Inv Mngmt has 130 shares. Jpmorgan Chase Communication, New York-based fund reported 57,943 shares. Ardsley Advisory Partners holds 1.58% or 540,000 shares. Stratos Wealth Prtn Limited reported 0% in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI). Cubist Systematic Strategies Ltd owns 2,800 shares for 0% of their portfolio. Barclays Public Lc holds 0% or 25,696 shares. Opus Capital Lc owns 0.34% invested in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) for 69,969 shares. Renaissance Tech Llc holds 82,200 shares.

Since February 23, 2018, it had 9 insider buys, and 0 insider sales for $713,338 activity. Another trade for 5,555 shares valued at $100,838 was bought by Cirilli Mark. OSGOOD STEVEN G bought 5,000 shares worth $91,400.

Why Has JPMorgan Given Hannon Armstrong Sust. Infr (HASI) a $23.0 Price Target

JPMorgan started its coverage for Hannon Armstrong Sust. Infr (HASI), this morning Thursday, 14 June. The broker found the stock of HASI quite attractive and now has a price target of $23.0 with a key Overweight rating.

The stock increased 2.86% or $0.52 during the last trading session, reaching $18.73. About 808,518 shares traded or 150.57% up from the average. Hannon Armstrong Sustainable Infrastructure Capital, Inc. (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 18.73 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 $975.98 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 46.94 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: Seekingalpha.com which released: “Hersha Hospitality Trust: An Unusual Divergence Creates A 7% Yield For Dividend Investors” on June 01, 2018. Also Prnewswire.com published the news titled: “Hannon Armstrong Announces $0.33 per Share Quarterly Dividend” on May 31, 2018. Nasdaq.com‘s news article titled: “3 Stocks That Pay You” with publication date: June 06, 2018 was also an interesting one.

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

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