Skandinaviska Enskilda Banken AB publ Sells 40,349 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Skandinaviska Enskilda Banken AB publ trimmed its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Get Rating) by 59.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,747 shares of the real estate investment trust’s stock after selling 40,349 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of HASI. RFP Financial Group LLC purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at about $26,000. Lazard Asset Management LLC purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the first quarter valued at about $38,000. Allspring Global Investments Holdings LLC bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter valued at approximately $48,000. Castleview Partners LLC bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at approximately $59,000. Finally, Catalyst Capital Advisors LLC raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 26.7% during the fourth quarter. Catalyst Capital Advisors LLC now owns 2,470 shares of the real estate investment trust’s stock valued at $72,000 after acquiring an additional 520 shares in the last quarter. 82.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, EVP Susan D. Nickey acquired 2,000 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction on Thursday, March 16th. The stock was acquired at an average cost of $23.91 per share, for a total transaction of $47,820.00. Following the purchase, the executive vice president now owns 58,245 shares in the company, valued at $1,392,637.95. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP Susan D. Nickey acquired 2,000 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction on Thursday, March 16th. The stock was acquired at an average cost of $23.91 per share, for a total transaction of $47,820.00. Following the purchase, the executive vice president now owns 58,245 shares in the company, valued at $1,392,637.95. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jeffrey Eckel purchased 2,087 shares of the firm’s stock in a transaction dated Thursday, March 16th. The stock was acquired at an average price of $23.92 per share, with a total value of $49,921.04. Following the purchase, the insider now directly owns 549,894 shares of the company’s stock, valued at $13,153,464.48. The disclosure for this purchase can be found here. Insiders have purchased 7,087 shares of company stock worth $170,101 in the last 90 days. Insiders own 3.40% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Hannon Armstrong Sustainable Infrastructure Capital stock opened at $25.45 on Friday. The company has a quick ratio of 18.57, a current ratio of 18.57 and a debt-to-equity ratio of 1.79. The company has a market capitalization of $2.34 billion, a P/E ratio of 121.19, a PEG ratio of 1.37 and a beta of 1.68. The stock’s 50 day moving average is $27.22 and its 200 day moving average is $30.31. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $21.56 and a twelve month high of $46.24.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 12th. Investors of record on Wednesday, July 5th will be paid a $0.395 dividend. The ex-dividend date of this dividend is Monday, July 3rd. This represents a $1.58 annualized dividend and a dividend yield of 6.21%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is currently 752.38%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on HASI. Oppenheimer decreased their target price on Hannon Armstrong Sustainable Infrastructure Capital from $50.00 to $48.00 and set an “outperform” rating for the company in a report on Friday, February 17th. StockNews.com assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, March 16th. They set a “sell” rating on the stock. JPMorgan Chase & Co. decreased their target price on Hannon Armstrong Sustainable Infrastructure Capital from $56.00 to $52.00 and set an “overweight” rating for the company in a research report on Friday, February 17th. TheStreet lowered Hannon Armstrong Sustainable Infrastructure Capital from a “b-” rating to a “c” rating in a research report on Thursday, February 16th. Finally, Bank of America upgraded Hannon Armstrong Sustainable Infrastructure Capital from an “underperform” rating to a “neutral” rating and decreased their price objective for the stock from $39.00 to $34.00 in a report on Tuesday, January 24th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. According to MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital has an average rating of “Hold” and a consensus price target of $43.71.

Hannon Armstrong Sustainable Infrastructure Capital Company Profile

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Hannon Armstrong Sustainable Infrastructure Capital, Inc engages in the business of investing in climate solutions and the provision of capital to assets developed by companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. It focuses on generating attractive returns from a diversified portfolio of project company investments with long-term, predictable cash flows from proven technologies that reduce carbon emissions or increase resilience to climate change.