Investing in Hannon Armstrong Sustainable Infrastructure Capital Inc. [HASI]: What You Must Know

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Hannon Armstrong Sustainable Infrastructure Capital Inc.’s recent filing unveils that its EVP and Co-CIO Pangburn Marc T. acquired Company’s shares for reported $99875.0 on Aug 25. In the deal valued at $39.95 per share,2,500 shares were bought. As a result of this transaction, Pangburn Marc T. now holds 49,071 shares worth roughly $ 1.35 million.


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Then, Eckel Jeffrey bought 2,300 shares, generating $100,625 in total proceeds. Upon buying the shares at $43.75, the President and CEO now owns 537,807 shares.

Before that, Eckel Jeffrey bought 2,668 shares. Hannon Armstrong Sustainable Infrastructure Capital Inc. shares valued at $99,810 were divested by the President and CEO at a price of $37.41 per share. As a result of the transaction, Eckel Jeffrey now holds 535,507 shares, worth roughly $14.72 million.

UBS upgraded its Hannon Armstrong Sustainable Infrastructure Capital Inc. [HASI] rating to a Buy from a a Neutral in a research note published On Friday, February 15, 2022; the price target was decreased to $50 from $60. A number of analysts have revised their coverage, including Berenberg’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. KeyBanc Capital Markets began covering HASI with “Sector weight” recommendation on September 21, 2021. BofA Securities revised its rating on April 29, 2021. It rated HASI as “an Underperform” which previously was an “a Neutral”.

Price Performance Review of HASI

On Friday, Hannon Armstrong Sustainable Infrastructure Capital Inc. [NYSE:HASI] saw its stock jump 3.15% to $27.48. Over the last five days, the stock has gained 0.70%. Hannon Armstrong Sustainable Infrastructure Capital Inc. shares have fallen nearly -48.27% since the year began. Nevertheless, the stocks have fallen -56.44% over the past one year. While a 52-week high of $65.74 was reached on 01/04/22, a 52-week low of $21.56 was recorded on 10/24/22. SMA at 50 days reached $31.42, while 200 days put it at $38.31. A total of 1.11 million shares were traded, compared to the trading of 1.16 million shares in the previous session.

Levels Of Support And Resistance For HASI Stock

The 24-hour chart illustrates a support level at 26.15, which if violated will result in even more drops to 24.82. On the upside, there is a resistance level at 29.59. A further resistance level may holdings at 31.70. The Relative Strength Index (RSI) on the 14-day chart is 50.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.42, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.79%. Stochastics %K at 71.01% indicates the stock is a holding.

How much short interest is there in Hannon Armstrong Sustainable Infrastructure Capital Inc.?

A steep rise in short interest was recorded in Hannon Armstrong Sustainable Infrastructure Capital Inc. stocks on Jul 14, 2022, growing by 1.74 million shares to a total of 11.2 million shares. Yahoo Finance data shows the prior-month short interest on Jun 14, 2022 was 9.46 million shares. There was a rise of 15.54%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 13.28% of the overall stock float, the days-to-cover ratio (short ratio) rose to 7.94.

Hannon Armstrong Sustainable Infrastructure Capital Inc. [HASI] – Who Are The Largest Shareholders?

In filings from The Vanguard Group, Inc., it is revealed that the company now owns 7,883,522 shares, or roughly 9.00% of the outstanding HASI shares. In other words, the investor’s shares have risen by 187,374 from its previous 13-F filing of 7696148.0. Additionally, Wellington Management Co. LLP increased 17.22% of its stake after which the total value it holdings stand at $184,013,800, while BlackRock Fund Advisors added 8.78% of its stake to hold $181.92 million in the firm. Over the last quarter, T. Rowe Price Associates, Inc. sold -39,698 shares of Hannon Armstrong Sustainable Infrastructure Capital Inc., while Handelsbanken Fonder AB sold 853,936 shares. At present, Swedbank Robur Fonder AB is holding 2,417,965 shares valued at $72.37 million. Impax Asset Management Ltd. owned 2,377,943 shares of the company at the time of its most recent 13F filing, worth $71.17 million.

The most recent change occurred on November 12, 2020 when B. Riley Securities resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $56.

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