Perpetual Ltd Sells 136,025 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Perpetual Ltd reduced its position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 41.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 189,439 shares of the real estate investment trust's stock after selling 136,025 shares during the period. Perpetual Ltd owned about 0.16% of Hannon Armstrong Sustainable Infrastructure Capital worth $5,083,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. First Affirmative Financial Network raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 5.0% during 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 acquiring an additional 384 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.6% in the 2nd quarter. AQR Capital Management LLC now owns 24,262 shares of the real estate investment trust's stock valued at $718,000 after purchasing an additional 392 shares during the last quarter. Harrington Investments INC boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 4.1% in 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 in the last quarter. Covestor Ltd increased 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 worth $77,000 after buying an additional 530 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 0.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 68,371 shares of the real estate investment trust's stock valued at $2,357,000 after buying an additional 571 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

NYSE HASI traded down $0.55 during trading hours on Wednesday, reaching $27.00. 1,441,940 shares of the company's stock were exchanged, compared to its average volume of 971,188. The firm has a fifty day moving average of $28.49 and a 200-day moving average of $31.29. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $22.59 and a one year high of $36.56. The stock has a market cap of $3.20 billion, a PE ratio of 15.17, a price-to-earnings-growth ratio of 1.03 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 Dividend Announcement

The business 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. This represents a $1.66 dividend on an annualized basis and a yield of 6.15%. The ex-dividend date was Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio is currently 93.26%.

Insider Buying and Selling at Hannon Armstrong Sustainable Infrastructure Capital

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn bought 3,500 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction dated Monday, November 11th. The shares were bought at an average price of $28.71 per share, with a total value of $100,485.00. Following 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 2.00% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on HASI shares. Baird R W raised Hannon Armstrong Sustainable Infrastructure Capital to a "strong-buy" rating in a report on Friday, September 27th. StockNews.com cut shares of Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research note on Monday, November 11th. The Goldman Sachs Group lowered their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a "neutral" rating on the stock in a research note on Tuesday, December 17th. Bank of America started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They set a "buy" rating and a $40.00 price target for the company. Finally, Citigroup upgraded Hannon Armstrong Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 price target for the company in a report on Wednesday, January 8th. One 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 issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $40.50.

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.