Mutual of America Capital Management LLC Sells 38,498 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Mutual of America Capital Management LLC trimmed its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 66.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 19,457 shares of the real estate investment trust’s stock after selling 38,498 shares during the period. Mutual of America Capital Management LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $537,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of HASI. Catalyst Capital Advisors LLC grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 13.0% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 4,837 shares of the real estate investment trust’s stock worth $103,000 after acquiring an additional 557 shares in the last quarter. DekaBank Deutsche Girozentrale raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 6.8% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 9,970 shares of the real estate investment trust’s stock worth $208,000 after purchasing an additional 635 shares during the period. Arden Trust Co lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.2% during the 4th quarter. Arden Trust Co now owns 16,732 shares of the real estate investment trust’s stock valued at $461,000 after buying an additional 675 shares in the last quarter. Merit Financial Group LLC lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 4.5% during the third quarter. Merit Financial Group LLC now owns 18,288 shares of the real estate investment trust’s stock valued at $388,000 after purchasing an additional 791 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 32.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,306 shares of the real estate investment trust’s stock valued at $70,000 after acquiring an additional 805 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on HASI. Mizuho increased their target price on shares of 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. B. Riley upped their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $41.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday. Bank of America increased their price target on Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Wednesday, March 13th. Morgan Stanley lifted 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 research note on Monday, February 26th. Finally, The Goldman Sachs Group lifted their price target 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 given a buy rating to the stock. Based on data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.22.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 0.8 %

Shares of HASI stock opened at $25.60 on Wednesday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $13.22 and a twelve month high of $29.88. The company has a current ratio of 19.42, a quick ratio of 19.42 and a debt-to-equity ratio of 1.98. The business’s 50 day moving average is $25.89 and its two-hundred day moving average is $24.01. The company has a market capitalization of $2.91 billion, a P/E ratio of 19.10, a price-to-earnings-growth ratio of 0.95 and a beta of 1.88.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The company 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 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 6.48%. The ex-dividend date was Thursday, April 4th. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is currently 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.