Free Trial

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by Robeco Institutional Asset Management B.V.

Hannon Armstrong Sustainable Infrastructure Capital logo with Finance background

Robeco Institutional Asset Management B.V. decreased its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 31.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,614 shares of the real estate investment trust's stock after selling 47,341 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.09% of Hannon Armstrong Sustainable Infrastructure Capital worth $3,606,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. First Affirmative Financial Network increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.0% in 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 buying an additional 384 shares in the last quarter. AQR Capital Management LLC grew 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. Los Angeles Capital Management LLC increased its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 5.2% in the second quarter. Los Angeles Capital Management LLC now owns 8,082 shares of the real estate investment trust's stock valued at $239,000 after buying an additional 401 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 1.5% during the 2nd quarter. Nisa Investment Advisors LLC now owns 29,138 shares of the real estate investment trust's stock valued at $862,000 after buying an additional 432 shares during the last quarter. Finally, Harrington Investments INC grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 3.8% in the second quarter. Harrington Investments INC now owns 12,324 shares of the real estate investment trust's stock valued at $365,000 after purchasing an additional 450 shares during the period. Institutional investors and hedge funds own 96.14% of the company's stock.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Shares of HASI stock traded down $3.49 on Friday, reaching $28.60. The company's stock had a trading volume of 3,420,709 shares, compared to its average volume of 1,047,390. The stock's fifty day simple moving average is $34.06 and its 200-day simple moving average is $31.93. The company has a current ratio of 13.27, a quick ratio of 13.27 and a debt-to-equity ratio of 1.77. The company has a market capitalization of $3.33 billion, a price-to-earnings ratio of 13.29, a price-to-earnings-growth ratio of 1.20 and a beta of 1.98. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $18.72 and a 1 year high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Monday, December 30th will be issued a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.80%. The ex-dividend date of this dividend is Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio is presently 77.21%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Jefferies Financial Group initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Wednesday, September 4th. They set a "buy" rating and a $39.00 price objective on the stock. Robert W. Baird lifted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an "outperform" rating in a report on Friday, September 27th. Citigroup upped their price objective on 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. Morgan Stanley raised their price target on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 31st. Finally, Mizuho lifted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the company an "outperform" rating in a research report on Friday, July 26th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $39.83.

Get Our Latest Report on HASI

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.

Recommended Stories

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

Should you invest $1,000 in Hannon Armstrong Sustainable Infrastructure Capital right now?

Before you consider Hannon Armstrong Sustainable Infrastructure Capital, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hannon Armstrong Sustainable Infrastructure Capital wasn't on the list.

While Hannon Armstrong Sustainable Infrastructure Capital currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines