Stifel Financial Corp Has $2.28 Million Stock Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Stifel Financial Corp lessened its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 17.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,186 shares of the real estate investment trust’s stock after selling 14,070 shares during the quarter. Stifel Financial Corp owned about 0.06% of Hannon Armstrong Sustainable Infrastructure Capital worth $2,281,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Erste Asset Management GmbH bought a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter worth approximately $73,622,000. Bank of New York Mellon Corp boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 18.3% in the second quarter. Bank of New York Mellon Corp now owns 1,728,400 shares of the real estate investment trust’s stock valued at $51,161,000 after acquiring an additional 267,304 shares during the last quarter. Vontobel Holding Ltd. increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 0.9% in the third 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. FMR LLC raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 12.2% during the 3rd quarter. FMR LLC now owns 1,153,215 shares of the real estate investment trust’s stock worth $39,751,000 after purchasing an additional 125,387 shares during the last quarter. Finally, Hood River Capital Management LLC lifted its position in 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 valued at $29,249,000 after purchasing an additional 208,303 shares during the period. 96.14% of the stock is owned by institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of HASI opened at $26.60 on Thursday. The firm’s 50 day moving average price is $31.67 and its two-hundred day moving average price is $31.92. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.55 and a current ratio of 13.55. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $21.77 and a twelve month high of $36.56. The firm has a market cap of $3.15 billion, a P/E ratio of 14.94, a PEG ratio of 1.24 and a beta of 1.93.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be paid a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 6.24%. The ex-dividend date of this dividend is Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is presently 93.26%.

Insiders Place Their Bets

In other news, CFO Marc T. Pangburn bought 3,500 shares of the business’s stock in a transaction on Monday, November 11th. The shares were purchased at an average price of $28.71 per share, for a total transaction of $100,485.00. Following the purchase, the chief financial officer now owns 56,791 shares of the company’s stock, valued at approximately $1,630,469.61. The trade was a 6.57 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

HASI has been the subject of a number of recent research reports. Baird R W raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research note on Friday, September 27th. Robert W. Baird upped their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an “outperform” rating in a research report on Friday, September 27th. Citigroup raised their price target on Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Bank of America initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They issued a “buy” rating and a $40.00 price objective for the company. Finally, StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Monday, November 11th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $40.50.

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.