Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Purchased by Fmr LLC

Fmr LLC boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 12.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,153,215 shares of the real estate investment trust’s stock after purchasing an additional 125,387 shares during the period. Fmr LLC owned approximately 0.97% of Hannon Armstrong Sustainable Infrastructure Capital worth $39,751,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Swedbank AB increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 6.8% during the second quarter. Swedbank AB now owns 4,020,665 shares of the real estate investment trust’s stock worth $119,012,000 after acquiring an additional 257,233 shares during the period. Bank of New York Mellon Corp increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 18.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,400 shares of the real estate investment trust’s stock worth $51,161,000 after purchasing an additional 267,304 shares during the period. Vontobel Holding Ltd. increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 0.9% during the 3rd quarter. Vontobel Holding Ltd. now owns 1,343,068 shares of the real estate investment trust’s stock worth $46,296,000 after purchasing an additional 11,632 shares during the period. Hood River Capital Management LLC raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 26.7% during the 2nd quarter. Hood River Capital Management LLC now owns 988,135 shares of the real estate investment trust’s stock worth $29,249,000 after buying an additional 208,303 shares in the last quarter. Finally, Encompass Capital Advisors LLC acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at approximately $18,759,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn acquired 3,500 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were acquired at an average price of $28.71 per share, for a total transaction of $100,485.00. Following the completion of the acquisition, the chief financial officer now directly owns 56,791 shares of the company’s stock, valued at $1,630,469.61. This trade represents a 6.57 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Jefferies Financial Group initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Wednesday, September 4th. They issued a “buy” rating and a $39.00 price objective for the company. Citigroup increased their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Royal Bank of Canada began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Tuesday, September 3rd. They set an “outperform” rating and a $41.00 price objective on the stock. StockNews.com cut shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Monday, November 11th. Finally, Robert W. Baird boosted their price target on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an “outperform” rating in a research note on Friday, September 27th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $40.58.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

NYSE HASI opened at $31.11 on Monday. The company has a quick ratio of 13.55, a current ratio of 13.55 and a debt-to-equity ratio of 1.78. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.77 and a fifty-two week high of $36.56. The business has a fifty day moving average of $32.28 and a 200-day moving average of $32.06. The stock has a market cap of $3.69 billion, a price-to-earnings ratio of 17.48, a price-to-earnings-growth ratio of 1.26 and a beta of 1.93.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be issued a $0.415 dividend. The ex-dividend date is Monday, December 30th. This represents a $1.66 dividend on an annualized basis and a yield of 5.34%. 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.