SG Americas Securities LLC Purchases Shares of 5,308 Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

SG Americas Securities LLC purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 5,308 shares of the real estate investment trust’s stock, valued at approximately $146,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lazard Asset Management LLC acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the first quarter valued at about $38,000. Chilton Capital Management LLC acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the first quarter valued at about $29,000. Westside Investment Management Inc. acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at about $34,000. Manchester Capital Management LLC increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 706.6% in the third quarter. Manchester Capital Management LLC now owns 1,226 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 1,074 shares during the period. Finally, ICA Group Wealth Management LLC acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at about $63,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HASI has been the topic of several analyst reports. Bank of America raised their target price on Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “buy” rating in a report on Wednesday, March 13th. StockNews.com lowered Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Wednesday, March 20th. Morgan Stanley raised their target price on Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the stock an “overweight” rating in a report on Monday, February 26th. Mizuho raised their target price on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $31.00 and gave the stock a “buy” rating in a report on Wednesday, January 3rd. Finally, The Goldman Sachs Group raised their target price on Hannon Armstrong Sustainable Infrastructure Capital from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Friday, February 16th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $31.89.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

NYSE HASI opened at $24.11 on Wednesday. The company has a market cap of $2.74 billion, a PE ratio of 17.99, a price-to-earnings-growth ratio of 0.97 and a beta of 1.88. The stock’s 50 day simple moving average is $25.84 and its 200-day simple moving average is $23.77. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $13.22 and a 1-year high of $29.88. The company has a debt-to-equity ratio of 1.98, a current ratio of 19.42 and a quick ratio of 19.42.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 19th. Stockholders of record on Friday, April 5th will be given a $0.415 dividend. This represents a $1.66 annualized dividend and a dividend yield of 6.89%. The ex-dividend date of this dividend is Thursday, April 4th. This is an increase from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.40. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 123.88%.

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.