International Assets Investment Management LLC Buys Shares of 101,908 Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

International Assets Investment Management LLC bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 101,908 shares of the real estate investment trust’s stock, valued at approximately $2,811,000.

A number of other hedge funds have also added to or reduced their stakes in HASI. Manchester Capital Management LLC raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 706.6% during the 3rd quarter. Manchester Capital Management LLC now owns 1,226 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 1,074 shares during the last quarter. Chilton Capital Management LLC purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 1st quarter valued at $29,000. Global Retirement Partners LLC raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 3,739.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,075 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 1,047 shares during the last quarter. Westside Investment Management Inc. purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter valued at $34,000. Finally, Lazard Asset Management LLC purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 1st quarter valued at $38,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 0.2 %

Shares of HASI stock opened at $24.35 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52-week low of $13.22 and a 52-week high of $29.88. The company has a debt-to-equity ratio of 1.98, a quick ratio of 19.42 and a current ratio of 19.42. The firm has a market capitalization of $2.77 billion, a PE ratio of 18.17, a PEG ratio of 0.91 and a beta of 1.88. The stock has a fifty day simple moving average of $25.87 and a two-hundred day simple moving average of $23.78.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 19th. Shareholders of record on Friday, April 5th will be paid a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 6.82%. The ex-dividend date of this dividend is Thursday, April 4th. This is a positive change from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.40. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is presently 123.88%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on HASI shares. B. Riley boosted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $41.00 and gave the company a “buy” rating in a research note on Monday, February 5th. Bank of America upped their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Wednesday, March 13th. TheStreet upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a research note on Thursday, February 15th. Mizuho upped their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $31.00 and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. Finally, Morgan Stanley upped their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the stock an “overweight” rating in a research note on Monday, February 26th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital has an average rating of “Moderate Buy” and a consensus target price of $31.89.

Hannon Armstrong Sustainable Infrastructure Capital Profile

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.