Stock Traders Purchase High Volume of Hannon Armstrong Sustainable Infrastructure Capital Put Options (HASI)

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) saw some unusual options trading activity on Monday. Stock investors bought 1,215 put options on the stock. This represents an increase of Infinity compared to the typical daily volume of 0 put options.

HASI has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a report on Wednesday, August 9th. Cowen and Company restated a “buy” rating and issued a $28.00 target price on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, September 28th. BidaskClub downgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Oppenheimer Holdings, Inc. upped their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $26.00 to $28.00 and gave the stock an “outperform” rating in a research note on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $25.50.

In related news, EVP Nathaniel Rose sold 8,000 shares of the company’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $23.58, for a total transaction of $188,640.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Daniel K. Mcmahon sold 5,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $23.51, for a total transaction of $117,550.00. The disclosure for this sale can be found here. Corporate insiders own 5.40% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in HASI. BlackRock Inc. lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 40,460.6% in the 1st quarter. BlackRock Inc. now owns 4,377,300 shares of the real estate investment trust’s stock worth $88,421,000 after purchasing an additional 4,366,508 shares during the period. Osterweis Capital Management Inc. purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter worth approximately $14,530,000. Vanguard Group Inc. lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 13.9% in the 1st quarter. Vanguard Group Inc. now owns 1,974,937 shares of the real estate investment trust’s stock worth $39,893,000 after purchasing an additional 240,409 shares during the period. Delta Lloyd Asset Management N.V. purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter worth approximately $4,574,000. Finally, Goldman Sachs Group Inc. lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 360.3% in the 2nd quarter. Goldman Sachs Group Inc. now owns 217,378 shares of the real estate investment trust’s stock worth $4,971,000 after purchasing an additional 170,156 shares during the period. 70.92% of the stock is owned by hedge funds and other institutional investors.

Shares of Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) opened at $23.73 on Friday. Hannon Armstrong Sustainable Infrastructure Capital has a 52-week low of $18.02 and a 52-week high of $25.28. The firm has a market cap of $1,260.00, a P/E ratio of 21.61, a PEG ratio of 1.76 and a beta of 0.95. The company has a debt-to-equity ratio of 2.13, a current ratio of 2.74 and a quick ratio of 2.74.

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Hannon Armstrong Sustainable Infrastructure Capital Company Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc makes debt and equity investments in sustainable infrastructure, including energy efficiency and renewable energy. The Company focuses on providing preferred or senior level capital to sponsors and obligors for assets that generate long-term, recurring and predictable cash flows.

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