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Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Acquired by State Street Corp

Hannon Armstrong Sustainable Infrastructure Capital logo with Finance background

State Street Corp raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 1.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,426,317 shares of the real estate investment trust's stock after purchasing an additional 42,762 shares during the quarter. State Street Corp owned 3.73% of Hannon Armstrong Sustainable Infrastructure Capital worth $152,575,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HASI. Macroview Investment Management LLC acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth about $31,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the third quarter worth about $60,000. Point72 Hong Kong Ltd acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the second quarter worth about $69,000. Covestor Ltd grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 31.1% during the third quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust's stock worth $77,000 after acquiring an additional 530 shares during the period. Finally, Addison Advisors LLC raised 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 valued at $78,000 after acquiring an additional 580 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Baird R W raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a "strong-buy" rating in a research note on Friday, September 27th. Jefferies Financial Group began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Wednesday, September 4th. They set a "buy" rating and a $39.00 price target on the stock. Bank of America assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They issued a "buy" rating and a $40.00 price objective for the company. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research note on Monday, November 11th. Finally, Royal Bank of Canada began 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 on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $40.58.

Check Out Our Latest Research Report on HASI

Insiders Place Their Bets

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn acquired 3,500 shares of the business's stock in a transaction on Monday, November 11th. The stock was bought at an average price of $28.71 per share, for a total transaction of $100,485.00. Following the acquisition, the chief financial officer now owns 56,791 shares in the company, valued at approximately $1,630,469.61. The trade was a 6.57 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 2.00% of the stock is currently owned by corporate insiders.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Shares of NYSE HASI traded down $0.28 during midday trading on Friday, hitting $29.75. The stock had a trading volume of 1,233,873 shares, compared to its average volume of 1,074,590. The company has a quick ratio of 13.55, a current ratio of 13.55 and a debt-to-equity ratio of 1.78. The stock has a 50 day simple moving average of $31.92 and a 200-day simple moving average of $31.99. The company has a market capitalization of $3.52 billion, a PE ratio of 16.71, a P/E/G ratio of 1.24 and a beta of 1.93. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $21.77 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. Shareholders of record on Monday, December 30th will be issued 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 5.58%. Hannon Armstrong Sustainable Infrastructure Capital's payout ratio is currently 93.26%.

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.

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

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