Short Interest in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Rises By 8.2%

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 14,080,000 shares, an increase of 8.2% from the December 15th total of 13,010,000 shares. Based on an average trading volume of 1,190,000 shares, the days-to-cover ratio is presently 11.8 days.

Insider Buying and Selling

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 2.8% in the 2nd quarter. Victory Capital Management Inc. now owns 23,468 shares of the real estate investment trust’s stock worth $695,000 after purchasing an additional 642 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 237,938 shares of the real estate investment trust’s stock worth $7,043,000 after purchasing an additional 9,051 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 81.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 83,561 shares of the real estate investment trust’s stock worth $2,473,000 after purchasing an additional 37,465 shares in the last quarter. Hsbc Holdings PLC increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.3% in the 2nd quarter. Hsbc Holdings PLC now owns 57,969 shares of the real estate investment trust’s stock worth $1,714,000 after purchasing an additional 2,387 shares in the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter worth $755,000. Institutional investors own 96.14% of the company’s stock.

Analyst Upgrades and Downgrades

HASI has been the subject of several research analyst reports. 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. Baird R W upgraded Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Friday, September 27th. StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Monday, November 11th. Citigroup upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 price objective for the company in a report on Wednesday, January 8th. Finally, The Goldman Sachs Group lowered their target price on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, December 17th. One analyst has rated the stock with a sell rating, one has given a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.50.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 0.9 %

HASI stock opened at $27.92 on Tuesday. Hannon Armstrong Sustainable Infrastructure Capital has a twelve month low of $21.77 and a twelve month high of $36.56. 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 firm has a market cap of $3.31 billion, a PE ratio of 15.68, a price-to-earnings-growth ratio of 1.00 and a beta of 1.94. The business has a 50 day moving average of $28.49 and a 200 day moving average of $31.33.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Monday, December 30th were given a dividend of $0.415 per share. This represents a $1.66 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date of this dividend was Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 93.26%.

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.