Prime Capital Investment Advisors LLC Cuts Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Prime Capital Investment Advisors LLC lowered its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 6.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 10,243 shares of the real estate investment trust’s stock after selling 697 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $353,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HASI. Macroview Investment Management LLC purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the second quarter worth approximately $31,000. Plato Investment Management Ltd purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital in the first quarter valued at about $49,000. Point72 Hong Kong Ltd acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the second quarter worth about $69,000. Covestor Ltd grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 31.1% in the third quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust’s stock valued at $77,000 after buying an additional 530 shares in the last quarter. Finally, Addison Advisors LLC grew its position in Hannon Armstrong Sustainable Infrastructure Capital by 28.1% in the second quarter. Addison Advisors LLC now owns 2,642 shares of the real estate investment trust’s stock valued at $78,000 after acquiring an additional 580 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 1.2 %

NYSE HASI opened at $27.22 on Friday. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.27 and a current ratio of 13.55. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $21.77 and a one year high of $36.56. The company has a 50-day simple moving average of $33.56 and a 200-day simple moving average of $32.05. The firm has a market capitalization of $3.23 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 1.02 and a beta of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Monday, December 30th will be issued a dividend of $0.415 per share. This represents a $1.66 annualized dividend and a dividend yield of 6.10%. The ex-dividend date of this dividend is Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 93.26%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on HASI. Mizuho raised their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the company an “outperform” rating in a report on Friday, July 26th. StockNews.com lowered Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. The Goldman Sachs Group increased their price target on Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the company a “neutral” rating in a report on Monday, August 5th. Royal Bank of Canada assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Tuesday, September 3rd. They set an “outperform” rating and a $41.00 price objective on the stock. Finally, Robert W. Baird increased their target price on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an “outperform” rating in a research note on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $39.83.

Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital

In other news, CFO Marc T. Pangburn purchased 3,500 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction dated Monday, November 11th. The stock was bought at an average price of $28.71 per share, with a total value of $100,485.00. Following the completion of the acquisition, the chief financial officer now owns 56,791 shares in the company, valued at $1,630,469.61. The trade was a 6.57 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.00% of the company’s stock.

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.