Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Stake Lessened by Colorado Capital Management Inc.

Colorado Capital Management Inc. decreased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 7.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,654 shares of the real estate investment trust’s stock after selling 4,100 shares during the period. Colorado Capital Management Inc.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $1,495,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3,739.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,075 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,047 shares in the last quarter. Westside Investment Management Inc. bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter worth $34,000. Scarborough Advisors LLC acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 4th quarter worth $40,000. Addison Advisors LLC raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 56.7% during the fourth quarter. Addison Advisors LLC now owns 1,970 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 713 shares during the period. Finally, ICA Group Wealth Management LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at $60,000. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of NYSE HASI traded up $0.02 during mid-day trading on Thursday, hitting $29.91. The company had a trading volume of 883,612 shares, compared to its average volume of 1,056,614. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12 month low of $13.22 and a 12 month high of $33.99. The firm has a market cap of $3.41 billion, a P/E ratio of 14.38, a PEG ratio of 1.14 and a beta of 1.99. The business’s 50-day simple moving average is $30.05 and its 200-day simple moving average is $27.24. The company has a debt-to-equity ratio of 1.87, a current ratio of 15.60 and a quick ratio of 15.61.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 12th. Stockholders of record on Wednesday, July 3rd will be issued a dividend of $0.415 per share. This represents a $1.66 annualized dividend and a dividend yield of 5.55%. The ex-dividend date of this dividend is Wednesday, July 3rd. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is presently 80.58%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on HASI. Oppenheimer reissued an “outperform” rating and issued a $48.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, May 16th. StockNews.com upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Wednesday, May 1st. JPMorgan Chase & Co. lifted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $37.00 to $39.00 and gave the stock an “overweight” rating in a research report on Thursday, May 23rd. B. Riley increased their target price on Hannon Armstrong Sustainable Infrastructure Capital from $41.00 to $44.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Finally, Bank of America lifted their price target on Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “buy” rating in a report on Wednesday, March 13th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.82.

Hannon Armstrong Sustainable Infrastructure Capital 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.