Hannon Armstrong Sustainable Infrastructure CapitalHASI
Market Cap: $3.94B
About: Hannon Armstrong Sustainable Infrastructure Capital Inc provides debt and equity financing to the energy markets in the United States. The company focuses on investments in two types of projects: energy-efficiency projects and renewable-energy projects. Energy-efficiency projects reduce the energy use and energy cost of building or facility through the improvement or installation of building components including heat, ventilation, and air conditioning systems; lights; energy controls; roofs; windows; building shells; and heat and power systems. Renewable-energy projects deploy cleaner energy sources such as solar and wind to generate power production. The company also provides financing solutions for other projects to improve energy efficiency and the environment.
Employees: 139
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
66% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 35
14% more call options, than puts
Call options by funds: $54.4M | Put options by funds: $47.9M
7% more funds holding
Funds holding: 338 [Q1] → 361 (+23) [Q2]
3% more capital invested
Capital invested by funds: $3.15B [Q1] → $3.26B (+$105M) [Q2]
5% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 125
2.36% less ownership
Funds ownership: 98.92% [Q1] → 96.56% (-2.36%) [Q2]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Jefferies Julien Dumoulin-Smith 70% 1-year accuracy 40 / 57 met price target | 13%upside $39 | Buy Initiated | 4 Sept 2024 |
RBC Capital Christopher Dendrinos 89% 1-year accuracy 8 / 9 met price target | 18%upside $41 | Outperform Initiated | 3 Sept 2024 |
Goldman Sachs Brian Lee 50% 1-year accuracy 21 / 42 met price target | 8%downside $32 | Neutral Maintained | 5 Aug 2024 |
Morgan Stanley Robert Kad 90% 1-year accuracy 9 / 10 met price target | 27%upside $44 | Overweight Maintained | 31 Jul 2024 |
Mizuho Maheep Mandloi 58% 1-year accuracy 19 / 33 met price target | 2%downside $34 | Outperform Maintained | 26 Jul 2024 |
Financial journalist opinion
Based on 4 articles about HASI published over the past 30 days