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Boston Common Asset Management LLC Sells 53,221 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Hannon Armstrong Sustainable Infrastructure Capital logo with Finance background

Boston Common Asset Management LLC lessened its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 17.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 245,856 shares of the real estate investment trust's stock after selling 53,221 shares during the period. Boston Common Asset Management LLC owned approximately 0.21% of Hannon Armstrong Sustainable Infrastructure Capital worth $6,596,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. First Affirmative Financial Network boosted its position in Hannon Armstrong Sustainable Infrastructure Capital by 5.0% in the third quarter. First Affirmative Financial Network now owns 8,129 shares of the real estate investment trust's stock valued at $280,000 after buying an additional 384 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.6% during the second quarter. AQR Capital Management LLC now owns 24,262 shares of the real estate investment trust's stock worth $718,000 after purchasing an additional 392 shares during the last quarter. Harrington Investments INC grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.1% during the third quarter. Harrington Investments INC now owns 12,824 shares of the real estate investment trust's stock worth $442,000 after purchasing an additional 500 shares during the last quarter. Covestor Ltd increased 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 during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in Hannon Armstrong Sustainable Infrastructure Capital by 0.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 68,371 shares of the real estate investment trust's stock worth $2,357,000 after buying an additional 571 shares during the period. 96.14% of the stock is owned by institutional investors.

Insider Buying and Selling at Hannon Armstrong Sustainable Infrastructure Capital

In other news, CFO Marc T. Pangburn bought 3,500 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction dated Monday, November 11th. The stock was purchased at an average price of $28.71 per share, for a total transaction of $100,485.00. Following the purchase, the chief financial officer now directly 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.00% of the company's stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 0.9 %

HASI stock traded down $0.24 during trading on Friday, reaching $27.92. 789,266 shares of the stock were exchanged, compared to its average volume of 1,028,624. The firm's 50 day moving average is $28.51 and its 200 day moving average is $31.30. The firm has a market cap of $3.31 billion, a P/E ratio of 15.68, a price-to-earnings-growth ratio of 1.00 and a beta of 1.94. The company has a current ratio of 13.55, a quick ratio of 13.55 and a debt-to-equity ratio of 1.78. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $21.77 and a twelve month high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were issued a dividend of $0.415 per share. The ex-dividend date was Monday, December 30th. This represents a $1.66 annualized dividend and a yield of 5.95%. Hannon Armstrong Sustainable Infrastructure Capital's payout ratio is 93.26%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Bank of America started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They set a "buy" rating and a $40.00 price target for the company. Citigroup raised Hannon Armstrong Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 target price on the stock in a report on Wednesday, January 8th. 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 upgraded Hannon Armstrong Sustainable Infrastructure Capital to a "strong-buy" rating in a report on Friday, September 27th. Finally, Robert W. Baird raised their price target on shares of 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. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital currently has an average rating of "Moderate Buy" and an average target price of $40.50.

Get Our Latest Stock Report on Hannon Armstrong Sustainable Infrastructure Capital

About Hannon Armstrong Sustainable Infrastructure Capital

(Free Report)

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.

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