55,600 Shares in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 55,600 shares of the real estate investment trust’s stock, valued at approximately $1,533,000.

A number of other institutional investors and hedge funds have also bought and sold shares of HASI. Vanguard Group Inc. boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 18.4% during the third quarter. Vanguard Group Inc. now owns 11,904,638 shares of the real estate investment trust’s stock valued at $252,378,000 after purchasing an additional 1,847,577 shares in the last quarter. BlackRock Inc. boosted its position in Hannon Armstrong Sustainable Infrastructure Capital by 22.5% during the 2nd quarter. BlackRock Inc. now owns 8,702,176 shares of the real estate investment trust’s stock valued at $217,554,000 after acquiring an additional 1,599,641 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 14.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,856,866 shares of the real estate investment trust’s stock valued at $111,772,000 after acquiring an additional 498,044 shares during the period. Amundi lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 58.8% during the 4th quarter. Amundi now owns 2,898,675 shares of the real estate investment trust’s stock worth $85,859,000 after purchasing an additional 1,073,727 shares during the last quarter. Finally, State Street Corp boosted its position in Hannon Armstrong Sustainable Infrastructure Capital by 16.2% during the second quarter. State Street Corp now owns 2,162,923 shares of the real estate investment trust’s stock valued at $54,073,000 after purchasing an additional 300,785 shares in the last quarter. 96.14% of the stock is owned by institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

HASI stock opened at $24.95 on Friday. 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. The firm has a market capitalization of $2.84 billion, a PE ratio of 18.62, a price-to-earnings-growth ratio of 0.92 and a beta of 1.88. The business has a 50 day simple moving average of $25.89 and a 200-day simple moving average of $23.82.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Friday, April 5th were issued a $0.415 dividend. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.40. This represents a $1.66 annualized dividend and a yield of 6.65%. The ex-dividend date of this dividend was Thursday, April 4th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is presently 123.88%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. B. Riley upped their target price on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $41.00 and gave the company a “buy” rating in a research report on Monday, February 5th. TheStreet raised Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a report on Thursday, February 15th. Morgan Stanley increased their price target on shares of 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. StockNews.com cut shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. Finally, Bank of America raised their target price on shares of 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. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $31.89.

Hannon Armstrong Sustainable Infrastructure Capital Company 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.