Everett Harris & Co. CA Takes $381,000 Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Everett Harris & Co. CA purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the fourth quarter, Holdings Channel reports. The firm purchased 13,800 shares of the real estate investment trust’s stock, valued at approximately $381,000.

A number of other large investors have also made changes to their positions in HASI. Cascade Investment Group Inc. acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at approximately $1,225,000. Sei Investments Co. lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 191.6% in the second quarter. Sei Investments Co. now owns 336,872 shares of the real estate investment trust’s stock valued at $8,424,000 after acquiring an additional 221,348 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 11.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 921,740 shares of the real estate investment trust’s stock valued at $19,541,000 after acquiring an additional 96,075 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 146.3% in the third quarter. Bank of New York Mellon Corp now owns 1,016,525 shares of the real estate investment trust’s stock valued at $21,550,000 after acquiring an additional 603,743 shares during the last quarter. Finally, Yousif Capital Management LLC acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the third quarter valued at approximately $1,123,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on HASI shares. TheStreet upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a report on Thursday, February 15th. Bank of America upped their price target 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. Morgan Stanley upped their price target 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. StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. Finally, B. Riley upped their price target on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $41.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. One equities 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. Based on data from MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and an average price target of $31.89.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 1.4 %

Shares of Hannon Armstrong Sustainable Infrastructure Capital stock traded up $0.39 during trading hours on Thursday, reaching $28.38. 1,650,253 shares of the company were exchanged, compared to its average volume of 1,040,955. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $13.22 and a 1 year high of $29.88. The stock’s fifty day moving average is $24.85 and its 200 day moving average is $23.44. 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 cap of $3.19 billion, a PE ratio of 21.19, a PEG ratio of 1.17 and a beta of 1.87.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 19th. Investors of record on Friday, April 5th will be issued a $0.415 dividend. This represents a $1.66 annualized dividend and a yield of 5.85%. 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 117.91%.

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.