Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) CFO Jeffrey Lipson Purchases 3,000 Shares of Stock

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASIGet Rating) CFO Jeffrey Lipson bought 3,000 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction that occurred on Friday, May 13th. The stock was purchased at an average price of $37.18 per share, with a total value of $111,540.00. Following the purchase, the chief financial officer now directly owns 30,737 shares in the company, valued at $1,142,801.66. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

NYSE:HASI opened at $37.47 on Tuesday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52 week low of $33.61 and a 52 week high of $65.74. The company has a quick ratio of 18.82, a current ratio of 18.00 and a debt-to-equity ratio of 1.56. The stock has a market capitalization of $3.26 billion, a PE ratio of 27.15, a price-to-earnings-growth ratio of 2.06 and a beta of 1.82. The stock’s 50-day moving average price is $43.41 and its 200-day moving average price is $48.23.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASIGet Rating) last posted its earnings results on Tuesday, May 3rd. The real estate investment trust reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.04. Hannon Armstrong Sustainable Infrastructure Capital had a return on equity of 10.52% and a net margin of 54.97%. During the same quarter in the previous year, the firm posted $0.37 EPS. Sell-side analysts expect that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 1.76 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 12th. Investors of record on Tuesday, July 5th will be issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 4.00%. The ex-dividend date is Friday, July 1st. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 108.70%.

A number of hedge funds have recently bought and sold shares of the stock. Arizona State Retirement System boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 0.9% in the 3rd quarter. Arizona State Retirement System now owns 21,429 shares of the real estate investment trust’s stock worth $1,146,000 after buying an additional 185 shares during the last quarter. CWM LLC boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 46.8% in the 1st quarter. CWM LLC now owns 781 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 249 shares during the last quarter. Voya Investment Management LLC boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 0.9% in the 3rd quarter. Voya Investment Management LLC now owns 30,476 shares of the real estate investment trust’s stock worth $1,630,000 after buying an additional 263 shares during the last quarter. AllSquare Wealth Management LLC boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 5.1% in the 1st quarter. AllSquare Wealth Management LLC now owns 6,621 shares of the real estate investment trust’s stock worth $314,000 after buying an additional 322 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 4.7% in the 1st quarter. Avantax Advisory Services Inc. now owns 7,259 shares of the real estate investment trust’s stock worth $344,000 after purchasing an additional 327 shares in the last quarter. Institutional investors own 77.94% of the company’s stock.

Several brokerages have weighed in on HASI. TheStreet downgraded Hannon Armstrong Sustainable Infrastructure Capital from a “b” rating to a “c+” rating in a research report on Thursday, March 31st. B. Riley increased their price target on Hannon Armstrong Sustainable Infrastructure Capital from $64.00 to $67.00 and gave the stock a “buy” rating in a research report on Friday, April 22nd. Oppenheimer reaffirmed a “buy” rating and set a $72.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Friday, January 21st. StockNews.com raised Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Monday. Finally, Zacks Investment Research raised Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a research report on Monday, February 21st. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $60.71.

About Hannon Armstrong Sustainable Infrastructure Capital (Get Rating)

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include building or facility that reduce energy usage or cost through the use of solar generation and energy storage or energy efficiency improvements, including heating, ventilation, and air conditioning systems (HVAC), as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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