Raymond James Financial Services Advisors Inc. Sells 418 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Raymond James Financial Services Advisors Inc. decreased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 2.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 18,081 shares of the real estate investment trust’s stock after selling 418 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $499,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of HASI. Amalgamated Bank boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 2.6% in the 4th quarter. Amalgamated Bank now owns 11,481 shares of the real estate investment trust’s stock valued at $333,000 after purchasing an additional 290 shares during the period. Legal & General Group Plc increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 0.4% in the 4th quarter. Legal & General Group Plc now owns 75,281 shares of the real estate investment trust’s stock valued at $2,182,000 after acquiring an additional 304 shares during the period. Creative Planning increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 3.2% in the 4th quarter. Creative Planning now owns 12,886 shares of the real estate investment trust’s stock valued at $373,000 after acquiring an additional 394 shares during the period. Prudential Financial Inc. increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 7.1% in the 2nd quarter. Prudential Financial Inc. now owns 6,738 shares of the real estate investment trust’s stock valued at $246,000 after acquiring an additional 446 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 0.3% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 141,218 shares of the real estate investment trust’s stock valued at $4,039,000 after acquiring an additional 448 shares during the period. Institutional investors own 96.14% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on HASI. Mizuho upped their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $31.00 and gave the company a “buy” rating in a research report on Wednesday, January 3rd. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. Morgan Stanley upped their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the company an “overweight” rating in a research note on Monday, February 26th. B. Riley upped their price objective 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. Finally, TheStreet raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a research note on Thursday, February 15th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $31.89.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 2.4 %

Shares of NYSE HASI opened at $24.93 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $13.22 and a 12-month high of $29.88. The firm has a market cap of $2.84 billion, a PE ratio of 18.60, a P/E/G ratio of 0.92 and a beta of 1.88. The company’s fifty day simple moving average is $25.89 and its 200 day simple moving average is $23.82. The company has a quick ratio of 19.42, a current ratio of 19.42 and a debt-to-equity ratio of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Friday, April 5th were paid a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a dividend yield of 6.66%. This is a positive change from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.40. The ex-dividend date was Thursday, April 4th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 123.88%.

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.