Oppenheimer & Co. Inc. Has $6.82 Million Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Oppenheimer & Co. Inc. boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 16.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 197,921 shares of the real estate investment trust's stock after purchasing an additional 27,529 shares during the period. Oppenheimer & Co. Inc. owned about 0.17% of Hannon Armstrong Sustainable Infrastructure Capital worth $6,822,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Macroview Investment Management LLC acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at approximately $31,000. Plato Investment Management Ltd acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the first quarter valued at $49,000. Point72 Hong Kong Ltd bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at about $69,000. Covestor Ltd increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 31.1% during the 3rd quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust's stock worth $77,000 after purchasing an additional 530 shares during the last quarter. Finally, Addison Advisors LLC raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 28.1% in the 2nd 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. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Hannon Armstrong Sustainable Infrastructure Capital

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn acquired 3,500 shares of the company's stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average cost of $28.71 per share, for a total transaction of $100,485.00. Following the transaction, the chief financial officer now directly owns 56,791 shares in the company, valued at $1,630,469.61. This represents a 6.57 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 2.00% of the company's stock.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Shares of NYSE:HASI traded up $0.19 during trading on Thursday, reaching $27.54. 2,132,149 shares of the company traded hands, compared to its average volume of 1,073,770. The firm has a market capitalization of $3.27 billion, a PE ratio of 15.47, a PEG ratio of 1.00 and a beta of 1.98. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.77 and a 52 week high of $36.56. The company has a quick ratio of 13.27, a current ratio of 13.55 and a debt-to-equity ratio of 1.78. The company's 50 day moving average is $33.77 and its two-hundred day moving average is $32.02.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be paid 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 6.03%. Hannon Armstrong Sustainable Infrastructure Capital's payout ratio is 93.26%.

Wall Street Analysts Forecast Growth

HASI has been the topic of a number of recent analyst reports. Mizuho boosted their price target on Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the stock an "outperform" rating in a research report on Friday, July 26th. Royal Bank of Canada initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, September 3rd. They issued an "outperform" rating and a $41.00 price target on the stock. Robert W. Baird lifted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an "outperform" rating in a research report on Friday, September 27th. Morgan Stanley increased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the company an "overweight" rating in a research report on Wednesday, July 31st. Finally, Citigroup lifted their target price on shares of 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. One investment 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 company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $39.83.

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.