Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Acquired by Clean Yield Group

Clean Yield Group increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 0.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 191,264 shares of the real estate investment trust’s stock after purchasing an additional 770 shares during the period. Hannon Armstrong Sustainable Infrastructure Capital accounts for about 1.6% of Clean Yield Group’s holdings, making the stock its 14th biggest position. Clean Yield Group owned about 0.16% of Hannon Armstrong Sustainable Infrastructure Capital worth $5,132,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Legend Financial Advisors Inc. acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter worth approximately $27,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the third quarter valued at $60,000. Wilmington Savings Fund Society FSB purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital during the third quarter worth about $73,000. Covestor Ltd boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 31.1% in the 3rd quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust’s stock worth $77,000 after buying an additional 530 shares during the last quarter. Finally, Point72 Hong Kong Ltd purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at about $69,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Marc T. Pangburn purchased 3,500 shares of the company’s stock in a transaction on Monday, November 11th. The shares were bought at an average price of $28.71 per share, for a total transaction of $100,485.00. Following the completion of the purchase, the chief financial officer now owns 56,791 shares of the company’s stock, valued at $1,630,469.61. This trade represents a 6.57 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.00% of the stock is owned by corporate insiders.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

HASI stock traded down $0.33 during midday trading on Monday, reaching $26.63. The company had a trading volume of 439,158 shares, compared to its average volume of 946,812. The firm has a market capitalization of $3.16 billion, a PE ratio of 14.96, a P/E/G ratio of 1.21 and a beta of 1.94. The stock has a 50 day moving average price of $29.04 and a 200 day moving average price of $31.39. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.77 and a fifty-two week 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.

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 paid a dividend of $0.415 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.66 dividend on an annualized basis and a yield of 6.23%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is currently 93.26%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. StockNews.com downgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Monday, November 11th. Bank of America assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They set a “buy” rating and a $40.00 price objective for the company. Citigroup upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 target price on the stock in a report on Wednesday, January 8th. Baird R W upgraded Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research note on Friday, September 27th. Finally, Robert W. Baird boosted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an “outperform” rating in a report on Friday, September 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, ten have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital currently has an average rating of “Moderate Buy” and a consensus price target of $40.50.

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.