Barclays PLC Boosts Stock Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Barclays PLC increased its position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 1.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 476,940 shares of the real estate investment trust’s stock after acquiring an additional 6,911 shares during the period. Barclays PLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $16,441,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of HASI. Macroview Investment Management LLC bought a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter worth approximately $31,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the third quarter valued at $60,000. Point72 Hong Kong Ltd bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at approximately $69,000. Covestor Ltd boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 31.1% during the third 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 period. Finally, Addison Advisors LLC increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 28.1% during the second quarter. Addison Advisors LLC now owns 2,642 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 580 shares during the period. Institutional investors own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 0.9 %

Shares of NYSE HASI opened at $29.75 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $21.77 and a 1 year high of $36.56. The company has a debt-to-equity ratio of 1.78, a current ratio of 13.55 and a quick ratio of 13.55. The company has a market capitalization of $3.52 billion, a P/E ratio of 16.71, a P/E/G ratio of 1.24 and a beta of 1.93. The company has a 50 day simple moving average of $31.92 and a 200-day simple moving average of $31.98.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Monday, December 30th will be issued a $0.415 dividend. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.66 annualized dividend and a dividend yield of 5.58%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is currently 93.26%.

Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn bought 3,500 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were purchased at an average cost of $28.71 per share, with a total value of $100,485.00. Following the purchase, the chief financial officer now directly owns 56,791 shares in the company, valued at approximately $1,630,469.61. This represents a 6.57 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

HASI has been the topic of a number of recent research reports. Baird R W upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research note on Friday, September 27th. Jefferies Financial Group began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Wednesday, September 4th. They issued a “buy” rating and a $39.00 price objective for the company. Citigroup raised their target price on Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Bank of America started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They issued a “buy” rating and a $40.00 price target for the company. Finally, Robert W. Baird lifted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an “outperform” rating in a research report on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital currently has a consensus rating of “Moderate Buy” and a consensus target price of $40.58.

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.