Fmr LLC Acquires 125,387 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

FMR LLC increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 12.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,153,215 shares of the real estate investment trust's stock after buying an additional 125,387 shares during the quarter. FMR LLC owned about 0.97% of Hannon Armstrong Sustainable Infrastructure Capital worth $39,751,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Macroview Investment Management LLC bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at $31,000. Covestor Ltd grew its holdings 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 purchasing an additional 530 shares during the period. Point72 Hong Kong Ltd bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at $69,000. Addison Advisors LLC grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 28.1% during the second quarter. Addison Advisors LLC now owns 2,642 shares of the real estate investment trust's stock valued at $78,000 after purchasing an additional 580 shares during the period. Finally, Summit Securities Group LLC bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at $90,000. 96.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on HASI shares. Robert W. Baird raised their price target 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. Baird R W raised Hannon Armstrong Sustainable Infrastructure Capital to a "strong-buy" rating in a report on Friday, September 27th. Royal Bank of Canada started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Tuesday, September 3rd. They issued an "outperform" rating and a $41.00 price target for the company. Citigroup raised their price target on Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the stock a "neutral" rating in a report on Tuesday, October 22nd. 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 target for the company. One analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $40.58.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

NYSE HASI traded up $0.48 during trading hours on Monday, reaching $31.59. 2,509,702 shares of the stock traded hands, compared to its average volume of 1,071,523. The stock has a 50 day simple moving average of $32.28 and a two-hundred day simple moving average of $32.06. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $21.77 and a 1 year high of $36.56. The company has a debt-to-equity ratio of 1.78, a current ratio of 13.55 and a quick ratio of 13.55. The company has a market cap of $3.74 billion, a price-to-earnings ratio of 17.84, a price-to-earnings-growth ratio of 1.26 and a beta of 1.93.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be given a dividend of $0.415 per share. The ex-dividend date is Monday, December 30th. This represents a $1.66 dividend on an annualized basis and a yield of 5.25%. Hannon Armstrong Sustainable Infrastructure Capital's payout ratio is 93.26%.

Insider Buying and Selling at Hannon Armstrong Sustainable Infrastructure Capital

In related news, CFO Marc T. Pangburn acquired 3,500 shares of the firm's stock in a transaction dated Monday, November 11th. The shares were purchased at an average price of $28.71 per share, for a total transaction of $100,485.00. Following the completion of the acquisition, the chief financial officer now owns 56,791 shares in the company, valued at approximately $1,630,469.61. This represents a 6.57 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Company insiders own 2.00% of the company's stock.

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.