Green Alpha Advisors LLC Acquires 2,965 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Green Alpha Advisors LLC lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 4.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 75,457 shares of the real estate investment trust’s stock after purchasing an additional 2,965 shares during the quarter. Hannon Armstrong Sustainable Infrastructure Capital comprises 1.6% of Green Alpha Advisors LLC’s holdings, making the stock its 13th biggest position. Green Alpha Advisors LLC owned approximately 0.06% of Hannon Armstrong Sustainable Infrastructure Capital worth $2,025,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Oppenheimer & Co. Inc. increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 16.2% during the third quarter. Oppenheimer & Co. Inc. now owns 197,921 shares of the real estate investment trust’s stock worth $6,822,000 after acquiring an additional 27,529 shares in the last quarter. Harbor Capital Advisors Inc. bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter worth about $1,742,000. Creative Planning acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter valued at about $548,000. Encompass Capital Advisors LLC bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the second quarter valued at about $18,759,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 42.1% during the third quarter. JPMorgan Chase & Co. now owns 300,587 shares of the real estate investment trust’s stock worth $10,361,000 after buying an additional 89,126 shares during the period. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have commented on 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 research note on Wednesday, January 8th. Robert W. Baird boosted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an “outperform” rating in a research report on Friday, September 27th. StockNews.com downgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. Baird R W raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research report on Friday, September 27th. Finally, The Goldman Sachs Group decreased their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating for the company in a report on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and an average price target of $40.50.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

HASI opened at $27.01 on Monday. 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 stock has a market cap of $3.20 billion, a price-to-earnings ratio of 15.17, a PEG ratio of 1.21 and a beta of 1.94. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.77 and a 12-month high of $36.56. The business has a 50 day moving average of $29.04 and a 200-day moving average of $31.38.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were given 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 6.15%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 93.26%.

Insider Buying and Selling at Hannon Armstrong Sustainable Infrastructure Capital

In related news, CFO Marc T. Pangburn bought 3,500 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was bought at an average price 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 in the company, valued at $1,630,469.61. This represents a 6.57 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.00% of the company’s stock.

About Hannon Armstrong Sustainable Infrastructure Capital

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.