Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC reduced its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 6.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,515 shares of the real estate investment trust’s stock after selling 1,177 shares during the period. Mutual of America Capital Management LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $604,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in HASI. Natixis Advisors LLC raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.9% during the 3rd quarter. Natixis Advisors LLC now owns 32,588 shares of the real estate investment trust’s stock valued at $1,123,000 after buying an additional 597 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 16.2% during the third quarter. Oppenheimer & Co. Inc. now owns 197,921 shares of the real estate investment trust’s stock worth $6,822,000 after purchasing an additional 27,529 shares in the last quarter. Hartline Investment Corp acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter worth about $216,000. Victory Capital Management Inc. lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 6.7% in the third quarter. Victory Capital Management Inc. now owns 25,042 shares of the real estate investment trust’s stock valued at $863,000 after acquiring an additional 1,574 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 2.8% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 59,603 shares of the real estate investment trust’s stock worth $2,055,000 after purchasing an additional 1,610 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Insiders Place Their Bets

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn acquired 3,500 shares of the business’s 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 directly owns 56,791 shares in the company, valued at approximately $1,630,469.61. This represents a 6.57 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 2.00% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 0.3 %

Shares of NYSE HASI opened at $30.33 on Wednesday. The stock has a market cap of $3.59 billion, a PE ratio of 17.04, a PEG ratio of 1.09 and a beta of 1.98. 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 business has a fifty day moving average of $32.93 and a two-hundred day moving average of $32.13. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52-week low of $21.77 and a 52-week high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Monday, December 30th will be given a dividend of $0.415 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.66 annualized dividend and a dividend yield of 5.47%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is currently 93.26%.

Analyst Ratings Changes

Several brokerages have recently weighed in on HASI. Citigroup boosted 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 research report on Tuesday, October 22nd. Robert W. Baird boosted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an “outperform” rating in a report on Friday, September 27th. Baird R W upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Friday, September 27th. Bank of America initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday. They issued a “buy” rating and a $40.00 price objective for the company. Finally, StockNews.com cut shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. 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 assigned a strong buy rating to the company’s stock. According to MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital has an average rating of “Moderate Buy” and an average target price of $40.58.

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.