Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by Swedbank AB

Swedbank AB cut its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 3.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,430,265 shares of the real estate investment trust's stock after selling 136,700 shares during the quarter. Swedbank AB owned about 2.90% of Hannon Armstrong Sustainable Infrastructure Capital worth $92,034,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of HASI. Legend Financial Advisors Inc. purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter valued at approximately $27,000. Blue Trust Inc. raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 57.8% in the fourth quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust's stock valued at $29,000 after purchasing an additional 394 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter valued at $60,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter worth $73,000. Finally, Covestor Ltd raised its holdings in 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 valued at $77,000 after buying an additional 530 shares during the period. Institutional investors and hedge funds own 96.14% of the company's stock.

Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital

In other news, CFO Marc T. Pangburn acquired 3,500 shares of the business's stock in a transaction dated Monday, November 11th. The stock was acquired at an average price of $28.71 per share, with a total value of $100,485.00. Following the completion of the transaction, the chief financial officer now directly owns 56,791 shares in the company, valued at approximately $1,630,469.61. This represents a 6.57 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.00% of the company's stock.

Wall Street Analyst Weigh In

HASI has been the subject of several research reports. Citigroup upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 target price for the company in a report on Wednesday, January 8th. Bank of America initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They issued a "buy" rating and a $40.00 price objective for the company. StockNews.com lowered Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research note on Monday, November 11th. JPMorgan Chase & Co. dropped their target price on Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an "overweight" rating for the company in a research report on Thursday, January 23rd. Finally, The Goldman Sachs Group cut their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a "neutral" rating on the stock in a research note on Tuesday, December 17th. One analyst has rated the stock with a sell rating, one has given a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of "Moderate Buy" and a consensus target price of $40.25.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

NYSE HASI traded up $0.42 during trading hours on Thursday, hitting $28.59. The company had a trading volume of 309,913 shares, compared to its average volume of 1,002,006. The business has a 50 day moving average of $28.48 and a 200-day moving average of $31.18. The company has a market cap of $3.39 billion, a PE ratio of 16.08, a price-to-earnings-growth ratio of 1.00 and a beta of 1.94. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $22.59 and a 1-year high of $36.56. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.55 and a current ratio of 13.55.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Monday, December 30th were issued a $0.415 dividend. This represents a $1.66 annualized dividend and a dividend yield of 5.81%. The ex-dividend date of this dividend was Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital's payout ratio is currently 93.26%.

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.