Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Director Clarence D. Armbrister Acquires 420 Shares

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Director Clarence D. Armbrister purchased 420 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction dated Monday, November 20th. The stock was acquired at an average price of $23.99 per share, for a total transaction of $10,075.80. Following the completion of the acquisition, the director now owns 420 shares of the company’s stock, valued at approximately $10,075.80. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 3.9 %

Hannon Armstrong Sustainable Infrastructure Capital stock opened at $24.24 on Tuesday. The company has a quick ratio of 19.73, a current ratio of 19.73 and a debt-to-equity ratio of 1.74. The firm has a market cap of $2.70 billion, a P/E ratio of 63.79, a P/E/G ratio of 1.10 and a beta of 1.76. The business has a fifty day moving average of $19.86 and a two-hundred day moving average of $22.97. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $13.22 and a twelve month high of $39.67.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 29th will be paid a dividend of $0.395 per share. This represents a $1.58 dividend on an annualized basis and a dividend yield of 6.52%. The ex-dividend date of this dividend is Thursday, December 28th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 415.79%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on HASI shares. TheStreet lowered Hannon Armstrong Sustainable Infrastructure Capital from a “c-” rating to a “d+” rating in a research note on Wednesday, November 1st. Citigroup started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, August 17th. They issued a “neutral” rating and a $24.00 price target on the stock. Morgan Stanley raised shares of Hannon Armstrong Sustainable Infrastructure Capital from an “equal weight” rating to an “overweight” rating and set a $23.00 price objective for the company in a research report on Tuesday, October 17th. BNP Paribas started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Friday, October 20th. They set an “outperform” rating and a $29.00 target price on the stock. Finally, Robert W. Baird lowered their price target on Hannon Armstrong Sustainable Infrastructure Capital from $44.00 to $28.00 in a report on Tuesday, October 10th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.13.

Hedge Funds Weigh In On Hannon Armstrong Sustainable Infrastructure Capital

Several institutional investors and hedge funds have recently added to or reduced their stakes in HASI. Insight Folios Inc bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at about $542,000. Brown Advisory Inc. boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 18.4% in the first quarter. Brown Advisory Inc. now owns 281,606 shares of the real estate investment trust’s stock valued at $8,054,000 after acquiring an additional 43,754 shares in the last quarter. Raymond James & Associates grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 34.3% in the second quarter. Raymond James & Associates now owns 177,052 shares of the real estate investment trust’s stock worth $4,426,000 after purchasing an additional 45,230 shares during the last quarter. Nomura Asset Management Co. Ltd. acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth $71,000. Finally, SG Americas Securities LLC lifted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 15.1% during the 1st quarter. SG Americas Securities LLC now owns 41,926 shares of the real estate investment trust’s stock valued at $1,199,000 after purchasing an additional 5,507 shares during the last quarter. Hedge funds and other institutional investors own 85.96% of the company’s stock.

About Hannon Armstrong Sustainable Infrastructure Capital

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 building or facility that reduce energy usage or cost through the use of solar generation and energy storage or energy efficiency improvements, including heating, ventilation, and air conditioning systems (HVAC), as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.