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Harbor Capital Advisors Inc. Grows Stock Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Hannon Armstrong Sustainable Infrastructure Capital logo with Finance background

Harbor Capital Advisors Inc. boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 42.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 71,995 shares of the real estate investment trust's stock after buying an additional 21,446 shares during the quarter. Harbor Capital Advisors Inc. owned approximately 0.06% of Hannon Armstrong Sustainable Infrastructure Capital worth $1,932,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Erste Asset Management GmbH purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter valued at $73,622,000. Encompass Capital Advisors LLC purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter valued at about $18,759,000. Wellington Management Group LLP increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3.9% in the third quarter. Wellington Management Group LLP now owns 13,206,158 shares of the real estate investment trust's stock valued at $455,216,000 after purchasing an additional 491,585 shares during the period. Rockefeller Capital Management L.P. raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 68.6% in the third quarter. Rockefeller Capital Management L.P. now owns 913,476 shares of the real estate investment trust's stock worth $31,487,000 after purchasing an additional 371,593 shares during the last quarter. Finally, Hood River Capital Management LLC lifted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 26.7% during the second quarter. Hood River Capital Management LLC now owns 988,135 shares of the real estate investment trust's stock worth $29,249,000 after purchasing an additional 208,303 shares during the period. Institutional investors own 96.14% of the company's stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 2.2 %

Shares of NYSE:HASI traded down $0.61 during trading on Friday, hitting $27.01. The company's stock had a trading volume of 783,574 shares, compared to its average volume of 1,032,488. The company has a market capitalization of $3.20 billion, a PE ratio of 15.17, a P/E/G ratio of 1.21 and a beta of 1.94. The business has a 50 day moving average price of $29.04 and a two-hundred day moving average price of $31.38. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.77 and a fifty-two week high of $36.56. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.55 and a current ratio of 13.55.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently declared 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 annualized dividend and a yield of 6.15%. The ex-dividend date of this dividend was Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 93.26%.

Analyst Ratings Changes

HASI has been the subject of several analyst reports. Bank of America assumed 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. Citigroup upgraded Hannon Armstrong Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 price objective on the stock in a research report on Wednesday. Robert W. Baird lifted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an "outperform" rating in a report on Friday, September 27th. StockNews.com downgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a report on Monday, November 11th. Finally, Baird R W raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a "strong-buy" rating in a report on Friday, September 27th. One research analyst has rated the stock with a sell rating, one has given a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of "Moderate Buy" and an average target price of $40.50.

Check Out Our Latest Stock Report on HASI

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 on Monday, November 11th. The stock was bought at an average price of $28.71 per share, for a total transaction of $100,485.00. Following the completion of the purchase, the chief financial officer now directly owns 56,791 shares of the company's stock, valued at approximately $1,630,469.61. The trade was a 6.57 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 2.00% of the company's stock.

Hannon Armstrong Sustainable Infrastructure Capital Company Profile

(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.

See Also

Institutional Ownership by Quarter for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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