BNP Paribas Financial Markets Has $6.95 Million Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

BNP Paribas Financial Markets grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 27.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 201,739 shares of the real estate investment trust's stock after purchasing an additional 43,672 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.17% of Hannon Armstrong Sustainable Infrastructure Capital worth $6,954,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Quantbot Technologies LP bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter valued at about $1,308,000. FMR LLC grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 12.2% during the third quarter. FMR LLC now owns 1,153,215 shares of the real estate investment trust's stock valued at $39,751,000 after purchasing an additional 125,387 shares during the period. The Manufacturers Life Insurance Company raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 4.3% in the third quarter. The Manufacturers Life Insurance Company now owns 65,812 shares of the real estate investment trust's stock worth $2,269,000 after purchasing an additional 2,713 shares during the period. Canton Hathaway LLC bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter worth $260,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter valued at $855,000. 96.14% of the stock is owned by institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

NYSE HASI traded down $0.37 during trading on Tuesday, reaching $30.77. The company's stock had a trading volume of 336,602 shares, compared to its average volume of 1,066,805. The firm has a market capitalization of $3.65 billion, a price-to-earnings ratio of 17.49, a price-to-earnings-growth ratio of 1.27 and a beta of 1.93. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12 month low of $21.77 and a 12 month high of $36.56. The company has a current ratio of 13.55, a quick ratio of 13.55 and a debt-to-equity ratio of 1.78. The firm has a 50 day moving average price of $32.54 and a 200 day moving average price of $32.10.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 5.39%. 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%.

Insider Activity at Hannon Armstrong Sustainable Infrastructure Capital

In other news, CFO Marc T. Pangburn purchased 3,500 shares of the business's stock in a transaction dated Monday, November 11th. The shares were purchased at an average cost of $28.71 per share, with a total value of $100,485.00. Following the completion of the purchase, the chief financial officer now owns 56,791 shares of the company's stock, valued at $1,630,469.61. This trade represents a 6.57 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 2.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on HASI. Royal Bank of Canada initiated coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, September 3rd. They issued an "outperform" rating and a $41.00 target price for the company. Robert W. Baird upped their target price on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an "outperform" rating in a report on Friday, September 27th. Bank of America initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They issued a "buy" rating and a $40.00 price target for the company. The Goldman Sachs Group increased their price objective 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. Finally, Baird R W upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital to a "strong-buy" rating in a report on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $40.58.

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.