Rockefeller Capital Management L.P. Raises Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Rockefeller Capital Management L.P. boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 68.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 913,476 shares of the real estate investment trust's stock after acquiring an additional 371,593 shares during the period. Rockefeller Capital Management L.P. owned 0.77% of Hannon Armstrong Sustainable Infrastructure Capital worth $31,487,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of HASI. Macroview Investment Management LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth approximately $31,000. Point72 Hong Kong Ltd bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at $69,000. Covestor Ltd grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 31.1% in the 3rd quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust's stock worth $77,000 after buying an additional 530 shares in the last quarter. Addison Advisors LLC increased 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 worth $78,000 after buying an additional 580 shares during the last quarter. Finally, Summit Securities Group LLC bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter worth about $90,000. 96.14% of the stock is currently owned by institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 0.3 %

Shares of NYSE:HASI traded up $0.09 during trading on Friday, reaching $31.36. The stock had a trading volume of 424,138 shares, compared to its average volume of 1,562,729. 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 market capitalization of $3.72 billion, a P/E ratio of 17.62, a PEG ratio of 1.27 and a beta of 1.98. The firm's 50-day simple moving average is $32.61 and its 200 day simple moving average is $32.10. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $21.77 and a one year high of $36.56.

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 paid a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 5.29%. The ex-dividend date of this dividend is Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 93.26%.

Insiders Place Their Bets

In related news, CFO Marc T. Pangburn acquired 3,500 shares of the company's stock in a transaction dated Monday, November 11th. The shares were purchased at an average cost of $28.71 per share, with a total value of $100,485.00. Following the completion of the acquisition, the chief financial officer now directly owns 56,791 shares of the company's stock, valued at $1,630,469.61. This represents a 6.57 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.00% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on HASI shares. Baird R W raised Hannon Armstrong Sustainable Infrastructure Capital to a "strong-buy" rating in a research report on Friday, September 27th. Jefferies Financial Group began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Wednesday, September 4th. They issued a "buy" rating and a $39.00 target price on the stock. Robert W. Baird lifted their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an "outperform" rating in a research note on Friday, September 27th. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research report on Monday, November 11th. Finally, Royal Bank of Canada started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Tuesday, September 3rd. They set an "outperform" rating and a $41.00 target price for the company. One research 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. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $40.58.

Hannon Armstrong Sustainable Infrastructure Capital 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.