Maven Securities LTD Makes New Investment in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Maven Securities LTD acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 22,000 shares of the real estate investment trust's stock, valued at approximately $758,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Erste Asset Management GmbH acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter worth $73,622,000. Encompass Capital Advisors LLC acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth about $18,759,000. Rockefeller Capital Management L.P. increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 68.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 913,476 shares of the real estate investment trust's stock valued at $31,487,000 after acquiring an additional 371,593 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 18.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,400 shares of the real estate investment trust's stock worth $51,161,000 after acquiring an additional 267,304 shares in the last quarter. Finally, Swedbank AB lifted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 6.8% during the second quarter. Swedbank AB now owns 4,020,665 shares of the real estate investment trust's stock worth $119,012,000 after purchasing an additional 257,233 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Shares of NYSE:HASI traded up $0.03 during trading on Thursday, hitting $30.95. 818,818 shares of the stock were exchanged, compared to its average volume of 1,067,075. The company has a market cap of $3.67 billion, a PE ratio of 17.39, a P/E/G ratio of 1.24 and a beta of 1.93. The company has a current ratio of 13.55, a quick ratio of 13.55 and a debt-to-equity ratio of 1.78. The company has a fifty day moving average price of $32.35 and a two-hundred day moving average price of $32.07. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.77 and a 12-month high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be paid a $0.415 dividend. 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 5.36%. Hannon Armstrong Sustainable Infrastructure Capital's payout ratio is 93.26%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Robert W. Baird upped 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 Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a report on Monday, November 11th. Citigroup upped their target price on Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the company a "neutral" rating in a research report on Tuesday, October 22nd. Bank of America began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Monday, November 25th. They set a "buy" rating and a $40.00 price target on the stock. Finally, Royal Bank of Canada initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Tuesday, September 3rd. They issued an "outperform" rating and a $41.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $40.58.

Insiders Place Their Bets

In other news, CFO Marc T. Pangburn bought 3,500 shares of the business's stock in a transaction that occurred on Monday, November 11th. The stock was purchased 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 position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 2.00% of the stock is currently owned by company insiders.

About Hannon Armstrong Sustainable Infrastructure Capital

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.