Intech Investment Management LLC Buys Shares of 27,551 Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Intech Investment Management LLC acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 27,551 shares of the real estate investment trust's stock, valued at approximately $950,000.

A number of other large investors also recently bought and sold shares of HASI. Macroview Investment Management LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the second quarter valued at approximately $31,000. Plato Investment Management Ltd purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 1st quarter valued at about $49,000. Covestor Ltd lifted 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 purchasing an additional 530 shares during the period. Point72 Hong Kong Ltd acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the second quarter valued at about $69,000. Finally, Addison Advisors LLC grew its position 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 worth $78,000 after buying an additional 580 shares during the period. Hedge funds and other institutional investors own 96.14% of the company's stock.

Insider Buying and Selling

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 shares were acquired at an average cost of $28.71 per share, with a total value of $100,485.00. Following the completion of the transaction, the chief financial officer now owns 56,791 shares in the company, valued at approximately $1,630,469.61. This trade represents a 6.57 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. The Goldman Sachs Group raised their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the company a "neutral" rating in a research note on Monday, August 5th. Bank of America started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday. They set a "buy" rating and a $40.00 price target for the company. Royal Bank of Canada assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Tuesday, September 3rd. They set an "outperform" rating and a $41.00 price objective for the company. StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a report on Monday, November 11th. Finally, Baird R W upgraded 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, two have assigned a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $40.58.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 0.4 %

Shares of HASI traded up $0.13 during trading hours on Friday, hitting $31.40. The stock had a trading volume of 424,119 shares, compared to its average volume of 1,070,091. The firm has a market cap of $3.72 billion, a P/E ratio of 17.62, a P/E/G ratio of 1.27 and a beta of 1.98. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.77 and a 12-month 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. The company's fifty day simple moving average is $32.68 and its 200 day simple moving average is $32.11.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The firm 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 of this dividend is Monday, December 30th. This represents a $1.66 dividend on an annualized basis and a yield of 5.29%. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio (DPR) is 93.26%.

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.