Advisors Asset Management Inc. Has $157,000 Stock Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Advisors Asset Management Inc. reduced its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASIGet Rating) by 43.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 4,147 shares of the real estate investment trust’s stock after selling 3,248 shares during the quarter. Advisors Asset Management Inc.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $157,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Twin Lakes Capital Management LLC acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 1st quarter valued at approximately $25,000. Lazard Asset Management LLC acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 1st quarter valued at approximately $38,000. Bogart Wealth LLC increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 1,250.0% in the 2nd quarter. Bogart Wealth LLC now owns 945 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 875 shares during the period. CWM LLC increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 54.2% in the 2nd quarter. CWM LLC now owns 1,204 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 423 shares during the period. Finally, Prospera Financial Services Inc acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth $67,000. 84.69% of the stock is currently owned by institutional investors and hedge funds.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 1.2 %

Shares of NYSE HASI opened at $30.81 on Tuesday. The firm has a market cap of $2.74 billion, a PE ratio of 22.17, a P/E/G ratio of 1.56 and a beta of 1.54. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.56 and a 12-month high of $62.98. The company’s fifty day simple moving average is $29.51 and its 200 day simple moving average is $34.98. The company has a quick ratio of 16.05, a current ratio of 16.05 and a debt-to-equity ratio of 1.65.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 6th. Investors of record on Wednesday, December 28th will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 4.87%. The ex-dividend date is Tuesday, December 27th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is presently 107.91%.

Insider Buying and Selling at Hannon Armstrong Sustainable Infrastructure Capital

In other Hannon Armstrong Sustainable Infrastructure Capital news, EVP Marc T. Pangburn acquired 2,500 shares of the company’s stock in a transaction on Thursday, August 25th. The shares were purchased at an average cost of $39.95 per share, with a total value of $99,875.00. Following the completion of the purchase, the executive vice president now owns 49,071 shares of the company’s stock, valued at $1,960,386.45. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Hannon Armstrong Sustainable Infrastructure Capital news, EVP Marc T. Pangburn acquired 2,500 shares of the company’s stock in a transaction on Thursday, August 25th. The shares were purchased at an average cost of $39.95 per share, with a total value of $99,875.00. Following the completion of the purchase, the executive vice president now owns 49,071 shares of the company’s stock, valued at $1,960,386.45. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jeffrey Eckel acquired 10,000 shares of the company’s stock in a transaction on Wednesday, November 9th. The stock was acquired at an average cost of $29.26 per share, for a total transaction of $292,600.00. Following the completion of the purchase, the chief executive officer now directly owns 547,807 shares of the company’s stock, valued at approximately $16,028,832.82. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 20,500 shares of company stock valued at $623,355. Corporate insiders own 3.40% of the company’s stock.

Analyst Ratings Changes

HASI has been the subject of several recent analyst reports. Oppenheimer decreased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $62.00 to $50.00 and set an “outperform” rating for the company in a research report on Monday, October 31st. Robert W. Baird decreased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $53.00 to $44.00 in a research report on Friday, November 4th. Morgan Stanley increased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $55.00 to $58.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 18th. B. Riley decreased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, October 25th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $67.00 to $56.00 and set an “overweight” rating for the company in a research report on Thursday, October 20th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $51.33.

Hannon Armstrong Sustainable Infrastructure Capital Profile

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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.

See Also

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Institutional Ownership by Quarter for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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