Victory Capital Management Inc. Has $863,000 Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Victory Capital Management Inc. lifted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 6.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,042 shares of the real estate investment trust’s stock after purchasing an additional 1,574 shares during the quarter. Victory Capital Management Inc.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $863,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Swedbank AB raised its position 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 purchasing an additional 257,233 shares during the period. Bank of New York Mellon Corp raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 18.3% during the second 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. raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 0.9% during 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. Hood River Capital Management LLC raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 26.7% during the second quarter. Hood River Capital Management LLC now owns 988,135 shares of the real estate investment trust’s stock worth $29,249,000 after purchasing an additional 208,303 shares during the period. Finally, Encompass Capital Advisors LLC acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at approximately $18,759,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 3.1 %

HASI stock opened at $31.27 on Thursday. The company has a quick ratio of 13.55, a current ratio of 13.55 and a debt-to-equity ratio of 1.78. The business has a 50 day moving average price of $32.83 and a two-hundred day moving average price of $32.12. The company has a market cap of $3.70 billion, a price-to-earnings ratio of 17.04, a P/E/G ratio of 1.14 and a beta of 1.98. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $21.77 and a twelve month high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Monday, December 30th will be paid a dividend of $0.415 per share. The ex-dividend date is Monday, December 30th. This represents a $1.66 annualized dividend and a dividend yield of 5.31%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is currently 93.26%.

Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn bought 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, 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 $1,630,469.61. The trade was 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.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. StockNews.com lowered Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. Robert W. Baird lifted their target price on 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. The Goldman Sachs Group lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Baird R W raised Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research report on Friday, September 27th. Finally, Jefferies Financial Group assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Wednesday, September 4th. They issued a “buy” rating and a $39.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital currently has a consensus rating of “Moderate Buy” and an average price target of $40.58.

Hannon Armstrong Sustainable Infrastructure Capital Company 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.