Everett Harris & Co. CA Has $660,000 Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Everett Harris & Co. CA raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 68.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 24,600 shares of the real estate investment trust's stock after acquiring an additional 10,000 shares during the period. Everett Harris & Co. CA's holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $660,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Legend Financial Advisors Inc. acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at about $27,000. Blue Trust Inc. boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 57.8% in the 4th quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust's stock valued at $29,000 after buying an additional 394 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter worth about $60,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter worth approximately $73,000. Finally, Covestor Ltd raised its holdings in 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 acquiring an additional 530 shares in the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research report on Monday, November 11th. JPMorgan Chase & Co. decreased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an "overweight" rating for the company in a research note on Thursday, January 23rd. Citigroup raised 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 report on Wednesday, January 8th. The Goldman Sachs Group cut their price target on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a "neutral" rating on the stock in a research report on Tuesday, December 17th. Finally, Bank of America started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They issued a "buy" rating and a $40.00 price objective for the company. One analyst has rated the stock with a sell rating, one has given a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $40.25.

Insiders Place Their Bets

In other news, CFO Marc T. Pangburn acquired 3,500 shares of the business's stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average price of $28.71 per share, with a total value of $100,485.00. Following the completion of the transaction, the chief financial officer now directly 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.00% of the company's stock.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

NYSE HASI traded up $0.14 during trading hours on Wednesday, reaching $27.76. 249,636 shares of the company's stock were exchanged, compared to its average volume of 1,080,026. The firm has a fifty day moving average of $28.36 and a 200-day moving average of $31.07. The stock has a market cap of $3.29 billion, a PE ratio of 15.59, a price-to-earnings-growth ratio of 1.05 and a beta of 1.95. 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 one year low of $22.60 and a one year high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Monday, December 30th were given a $0.415 dividend. The ex-dividend date was Monday, December 30th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.98%. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio 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.