HighTower Advisors LLC Has $592,000 Stock Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

HighTower Advisors LLC boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 26.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 17,074 shares of the real estate investment trust’s stock after buying an additional 3,589 shares during the period. HighTower Advisors LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $592,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. First Affirmative Financial Network increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.0% during the third quarter. First Affirmative Financial Network now owns 8,129 shares of the real estate investment trust’s stock worth $280,000 after acquiring an additional 384 shares in the last quarter. AQR Capital Management LLC increased its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 1.6% during the 2nd quarter. AQR Capital Management LLC now owns 24,262 shares of the real estate investment trust’s stock worth $718,000 after purchasing an additional 392 shares in the last quarter. Los Angeles Capital Management LLC raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.2% in the 2nd quarter. Los Angeles Capital Management LLC now owns 8,082 shares of the real estate investment trust’s stock valued at $239,000 after purchasing an additional 401 shares during the period. Nisa Investment Advisors LLC lifted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.5% in the second quarter. Nisa Investment Advisors LLC now owns 29,138 shares of the real estate investment trust’s stock valued at $862,000 after purchasing an additional 432 shares in the last quarter. Finally, Harrington Investments INC boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3.8% during the second quarter. Harrington Investments INC now owns 12,324 shares of the real estate investment trust’s stock worth $365,000 after buying an additional 450 shares during the period. Institutional investors own 96.14% of the company’s stock.

Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital

In related news, CFO Marc T. Pangburn bought 3,500 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average price 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 of the company’s stock, valued at approximately $1,630,469.61. This represents a 6.57 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.00% of the stock is currently owned by corporate insiders.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 0.8 %

Shares of NYSE:HASI opened at $26.39 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52-week low of $21.77 and a 52-week high of $36.56. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.55 and a current ratio of 13.55. The company has a market capitalization of $3.13 billion, a P/E ratio of 14.83, a price-to-earnings-growth ratio of 1.24 and a beta of 1.93. The company has a 50-day simple moving average of $31.37 and a 200 day simple moving average of $31.84.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Monday, December 30th will be given a $0.415 dividend. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 6.29%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 93.26%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Bank of America assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Monday, November 25th. They issued a “buy” rating and a $40.00 target price on the stock. Baird R W raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research report on Friday, September 27th. 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. Jefferies Financial Group began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Wednesday, September 4th. They issued a “buy” rating and a $39.00 price target on the stock. Finally, Citigroup increased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $40.50.

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.