Border to Coast Pensions Partnership Ltd Buys 45,000 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Border to Coast Pensions Partnership Ltd lifted its position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 11.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 445,000 shares of the real estate investment trust's stock after acquiring an additional 45,000 shares during the quarter. Border to Coast Pensions Partnership Ltd owned approximately 0.38% of Hannon Armstrong Sustainable Infrastructure Capital worth $11,931,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in HASI. Legend Financial Advisors Inc. purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter worth $27,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter worth about $60,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter worth about $73,000. Covestor Ltd grew its position in Hannon Armstrong Sustainable Infrastructure Capital by 31.1% during 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 during the period. Finally, Point72 Hong Kong Ltd purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the second quarter worth about $69,000. Hedge funds and other institutional investors own 96.14% of the company's stock.

Analyst Upgrades and Downgrades

HASI has been the subject of a number of research reports. Citigroup raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 target price for the company in a research report on Wednesday, January 8th. Bank of America began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They set a "buy" rating and a $40.00 price objective for the company. StockNews.com downgraded Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research report on Monday, November 11th. Baird R W raised Hannon Armstrong Sustainable Infrastructure Capital to a "strong-buy" rating in a research report on Friday, September 27th. Finally, The Goldman Sachs Group decreased their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a "neutral" rating for the company in a report on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, ten have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital presently has an average rating of "Moderate Buy" and a consensus target price of $40.50.

Insider Activity at Hannon Armstrong Sustainable Infrastructure Capital

In other news, CFO Marc T. Pangburn acquired 3,500 shares of the business's stock in a transaction dated Monday, November 11th. The stock was purchased at an average cost of $28.71 per share, for a total transaction of $100,485.00. Following the acquisition, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.00% of the stock is currently owned by insiders.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

NYSE HASI traded down $0.24 during trading on Friday, reaching $27.92. The company's stock had a trading volume of 789,266 shares, compared to its average volume of 1,028,624. The firm has a fifty day moving average of $28.51 and a 200 day moving average of $31.30. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $21.77 and a one year high of $36.56. The stock has a market capitalization of $3.31 billion, a PE ratio of 15.68, a P/E/G ratio of 1.00 and a beta of 1.94. The company has a debt-to-equity ratio of 1.78, a current ratio of 13.55 and a quick ratio of 13.55.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Monday, December 30th were given a $0.415 dividend. This represents a $1.66 annualized dividend and a dividend yield of 5.95%. The ex-dividend date of this dividend was Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio (DPR) is 93.26%.

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.