Natixis Advisors LLC boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 1.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,588 shares of the real estate investment trust’s stock after buying an additional 597 shares during the period. Natixis Advisors LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $1,123,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently bought and sold shares of HASI. American International Group Inc. increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 2.5% in the 1st quarter. American International Group Inc. now owns 59,319 shares of the real estate investment trust’s stock valued at $1,685,000 after purchasing an additional 1,452 shares during the period. CANADA LIFE ASSURANCE Co increased its stake in Hannon Armstrong Sustainable Infrastructure Capital by 1.7% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 130,653 shares of the real estate investment trust’s stock valued at $3,711,000 after buying an additional 2,181 shares during the period. Lazard Asset Management LLC purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the 1st quarter worth approximately $254,000. Price T Rowe Associates Inc. MD boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 120,091 shares of the real estate investment trust’s stock valued at $3,412,000 after buying an additional 1,815 shares during the period. Finally, Janus Henderson Group PLC grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 66.6% during the 1st quarter. Janus Henderson Group PLC now owns 84,773 shares of the real estate investment trust’s stock valued at $2,407,000 after acquiring an additional 33,904 shares in the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on HASI. StockNews.com lowered Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Monday, November 11th. Jefferies Financial Group assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Wednesday, September 4th. They set a “buy” rating and a $39.00 price target for the company. The Goldman Sachs Group increased their price objective 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. Baird R W upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research note on Friday, September 27th. Finally, Morgan Stanley increased their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st. One analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $40.58.
Insider Activity
In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn acquired 3,500 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction dated Monday, November 11th. The stock was bought at an average cost of $28.71 per share, with a total value of $100,485.00. Following the completion of the transaction, the chief financial officer now owns 56,791 shares of the company’s stock, valued at $1,630,469.61. The trade was a 6.57 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.00% of the stock is currently owned by company insiders.
Hannon Armstrong Sustainable Infrastructure Capital Price Performance
NYSE HASI opened at $30.33 on Wednesday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $21.77 and a 1 year high of $36.56. The company has a fifty day simple moving average of $32.93 and a 200 day simple moving average of $32.13. The company has a current ratio of 13.55, a quick ratio of 13.55 and a debt-to-equity ratio of 1.78. The company has a market cap of $3.59 billion, a P/E ratio of 17.10, a P/E/G ratio of 1.09 and a beta of 1.98.
Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be issued a dividend of $0.415 per share. This represents a $1.66 dividend on an annualized basis and a yield of 5.47%. The ex-dividend date is Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 93.26%.
Hannon Armstrong Sustainable Infrastructure Capital Profile
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.
See Also
- Five stocks we like better than Hannon Armstrong Sustainable Infrastructure Capital
- Why Are These Companies Considered Blue Chips?
- Cerence Up 155% in 2 Days: SoundHound AI’s Fierce Competitor
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Why Warren Buffett Is Selling: A Look at His Latest Market Moves
- What Investors Need to Know About Upcoming IPOs
- Why Amazon Shares May Never Trade Below $200 Again
Want to see what other hedge funds are holding HASI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report).
Receive News & Ratings for Hannon Armstrong Sustainable Infrastructure Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hannon Armstrong Sustainable Infrastructure Capital and related companies with MarketBeat.com's FREE daily email newsletter.