Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Position Increased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 1.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,933 shares of the real estate investment trust’s stock after purchasing an additional 1,201 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.06% of Hannon Armstrong Sustainable Infrastructure Capital worth $2,342,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Texas Permanent School Fund Corp lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 1.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 97,124 shares of the real estate investment trust’s stock worth $2,758,000 after buying an additional 1,270 shares in the last quarter. SG Americas Securities LLC grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 23.5% in the first quarter. SG Americas Securities LLC now owns 6,558 shares of the real estate investment trust’s stock valued at $186,000 after purchasing an additional 1,250 shares during the last quarter. Swiss National Bank boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3.8% in the first quarter. Swiss National Bank now owns 219,434 shares of the real estate investment trust’s stock valued at $6,232,000 after acquiring an additional 8,000 shares during the period. Russell Investments Group Ltd. raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.1% during the first quarter. Russell Investments Group Ltd. now owns 406,734 shares of the real estate investment trust’s stock valued at $11,551,000 after buying an additional 19,758 shares during the last quarter. Finally, ProShare Advisors LLC increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 10.9% during the first quarter. ProShare Advisors LLC now owns 22,179 shares of the real estate investment trust’s stock valued at $630,000 after purchasing an additional 2,180 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. The Goldman Sachs Group increased their target price on Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Mizuho raised their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. StockNews.com lowered Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday. Baird R W raised Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research report on Friday, September 27th. Finally, Royal Bank of Canada assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, September 3rd. They set an “outperform” rating and a $41.00 target price for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $39.83.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 7.8 %

Hannon Armstrong Sustainable Infrastructure Capital stock opened at $26.89 on Wednesday. The company has a market cap of $3.13 billion, a P/E ratio of 15.11, a price-to-earnings-growth ratio of 1.07 and a beta of 1.98. The company has a fifty day simple moving average of $33.87 and a 200 day simple moving average of $32.05. The company has a current ratio of 13.27, a quick ratio of 13.27 and a debt-to-equity ratio of 1.77. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $18.72 and a 1-year high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be given a dividend of $0.415 per share. The ex-dividend date is Monday, December 30th. This represents a $1.66 annualized dividend and a yield of 6.17%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 93.26%.

Insider Buying and Selling at Hannon Armstrong Sustainable Infrastructure Capital

In other news, CFO Marc T. Pangburn bought 3,500 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were bought at an average cost of $28.71 per share, with a total value of $100,485.00. Following the acquisition, the chief financial officer now owns 56,791 shares in the company, valued at $1,630,469.61. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.00% of the company’s stock.

About Hannon Armstrong Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment in energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.