Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 10.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 106,300 shares of the real estate investment trust’s stock after purchasing an additional 10,100 shares during the period. Daiwa Securities Group Inc.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $3,664,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HASI. Macroview Investment Management LLC bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth $31,000. Plato Investment Management Ltd bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 1st quarter worth about $49,000. Point72 Hong Kong Ltd bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth about $69,000. Covestor Ltd lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 31.1% during the 3rd quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust’s stock valued at $77,000 after purchasing an additional 530 shares during the last quarter. Finally, Addison Advisors LLC lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 28.1% during the 2nd quarter. Addison Advisors LLC now owns 2,642 shares of the real estate investment trust’s stock valued at $78,000 after purchasing an additional 580 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. The Goldman Sachs Group boosted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Baird R W upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Friday, September 27th. Morgan Stanley upped their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, July 31st. Bank of America began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday. They issued a “buy” rating and a $40.00 price target for the company. Finally, Citigroup boosted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital currently has a consensus rating of “Moderate Buy” and an average target price of $40.58.

Insiders Place Their Bets

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

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

NYSE HASI opened at $31.27 on Thursday. The company has a fifty day simple moving average of $32.83 and a 200 day simple moving average of $32.12. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.77 and a 12-month high of $36.56. The company has a current ratio of 13.55, a quick ratio of 13.55 and a debt-to-equity ratio of 1.78. The company has a market cap of $3.70 billion, a P/E ratio of 17.57, a PEG ratio of 1.14 and a beta of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be given a $0.415 dividend. This represents a $1.66 annualized dividend and a yield of 5.31%. The ex-dividend date of this dividend is Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is currently 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.