Point72 Asset Management L.P. Buys Shares of 1,000 Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI)

Point72 Asset Management L.P. bought a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,000 shares of the real estate investment trust’s stock, valued at approximately $28,000.

Other large investors have also recently made changes to their positions in the company. HighTower Advisors LLC boosted its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 5.2% during the second quarter. HighTower Advisors LLC now owns 9,079 shares of the real estate investment trust’s stock valued at $255,000 after acquiring an additional 448 shares during the period. Strs Ohio lifted its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 3.1% in the second quarter. Strs Ohio now owns 16,400 shares of the real estate investment trust’s stock valued at $462,000 after buying an additional 500 shares during the period. Oppenheimer & Co. Inc. lifted its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 1.2% in the second quarter. Oppenheimer & Co. Inc. now owns 66,506 shares of the real estate investment trust’s stock valued at $1,874,000 after buying an additional 781 shares during the period. Campbell & CO Investment Adviser LLC lifted its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 5.5% in the second quarter. Campbell & CO Investment Adviser LLC now owns 18,792 shares of the real estate investment trust’s stock valued at $530,000 after buying an additional 982 shares during the period. Finally, US Bancorp DE lifted its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 5.0% in the second quarter. US Bancorp DE now owns 25,565 shares of the real estate investment trust’s stock valued at $719,000 after buying an additional 1,218 shares during the period. 72.81% of the stock is currently owned by institutional investors.

Several research firms recently weighed in on HASI. Zacks Investment Research cut shares of Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research note on Saturday, August 10th. ValuEngine cut shares of Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research note on Wednesday. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $27.43.

In related news, EVP Steven Chuslo sold 11,000 shares of the company’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $27.27, for a total value of $299,970.00. Following the transaction, the executive vice president now owns 303,404 shares in the company, valued at approximately $8,273,827.08. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Charles Melko sold 2,952 shares of the company’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $27.11, for a total transaction of $80,028.72. Following the completion of the transaction, the chief accounting officer now owns 30,727 shares in the company, valued at approximately $833,008.97. The disclosure for this sale can be found here. 3.60% of the stock is owned by corporate insiders.

NYSE HASI opened at $28.42 on Friday. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 23.88, a PEG ratio of 8.85 and a beta of 1.02. The company has a 50 day moving average of $27.97 and a 200-day moving average of $27.10. The company has a current ratio of 23.23, a quick ratio of 23.23 and a debt-to-equity ratio of 1.24. Hannon Armstrong Sustnbl Infrstr Cap Inc has a 1-year low of $18.83 and a 1-year high of $29.98.

Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) last issued its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.04). Hannon Armstrong Sustnbl Infrstr Cap had a net margin of 37.56% and a return on equity of 8.75%. The company had revenue of $16.40 million during the quarter, compared to analyst estimates of $16.55 million. On average, analysts forecast that Hannon Armstrong Sustnbl Infrstr Cap Inc will post 1.17 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 10th. Stockholders of record on Thursday, October 3rd will be given a $0.335 dividend. This represents a $1.34 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date is Wednesday, October 2nd. Hannon Armstrong Sustnbl Infrstr Cap’s dividend payout ratio is presently 112.61%.

About Hannon Armstrong Sustnbl Infrstr Cap

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include energy efficiency projects that reduce a building's or facility's energy usage or cost through the use of solar generation, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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Institutional Ownership by Quarter for Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI)

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