Abundance Wealth Counselors Has $1.06 Million Stock Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Abundance Wealth Counselors increased its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,649 shares of the real estate investment trust’s stock after acquiring an additional 820 shares during the period. Abundance Wealth Counselors’ holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $1,064,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of HASI. Legend Financial Advisors Inc. purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at approximately $27,000. Blue Trust Inc. increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 57.8% in the 4th quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 394 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter worth about $60,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter worth about $73,000. Finally, Covestor Ltd grew its stake in shares of 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 valued at $77,000 after buying an additional 530 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital

In other news, CFO Marc T. Pangburn acquired 3,500 shares of the stock in a transaction dated Monday, November 11th. The shares were acquired at an average cost of $28.71 per share, for a total transaction of $100,485.00. Following the completion of the transaction, the chief financial officer now owns 56,791 shares in the company, valued at approximately $1,630,469.61. This trade represents a 6.57 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 2.00% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 2.2 %

Shares of Hannon Armstrong Sustainable Infrastructure Capital stock opened at $28.01 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $22.59 and a 1 year high of $36.56. The company’s fifty day simple moving average is $28.47 and its 200-day simple moving average is $31.15. The company has a market cap of $3.32 billion, a price-to-earnings ratio of 15.74, a PEG ratio of 1.05 and a beta of 1.94. The company has a current ratio of 13.55, a quick ratio of 13.55 and a debt-to-equity ratio of 1.78.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were given a $0.415 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.66 annualized dividend and a yield of 5.93%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is 93.26%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Citigroup raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 price objective on the stock in a research report on Wednesday, January 8th. The Goldman Sachs Group cut their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Tuesday, December 17th. JPMorgan Chase & Co. decreased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating for the company in a report on Thursday, January 23rd. StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. Finally, Bank of America started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They set a “buy” rating and a $40.00 price objective on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and an average price target of $40.25.

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.