Mutual of America Capital Management LLC Decreases Stock Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Mutual of America Capital Management LLC lowered its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 66.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,457 shares of the real estate investment trust’s stock after selling 38,498 shares during the period. Mutual of America Capital Management LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $537,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of HASI. Manchester Capital Management LLC increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 706.6% during the 3rd quarter. Manchester Capital Management LLC now owns 1,226 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 1,074 shares during the last quarter. Global Retirement Partners LLC lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3,739.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,075 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 1,047 shares during the last quarter. Westside Investment Management Inc. bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter worth $34,000. Allspring Global Investments Holdings LLC increased its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 32.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,306 shares of the real estate investment trust’s stock worth $70,000 after acquiring an additional 805 shares during the last quarter. Finally, CWM LLC raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 83.4% in the 3rd quarter. CWM LLC now owns 3,611 shares of the real estate investment trust’s stock valued at $77,000 after acquiring an additional 1,642 shares during the period. Institutional investors own 96.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HASI. Morgan Stanley increased their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the stock an “overweight” rating in a research report on Monday, February 26th. B. Riley raised their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $41.00 to $44.00 and gave the stock a “buy” rating in a report on Monday. Bank of America boosted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “buy” rating in a report on Wednesday, March 13th. The Goldman Sachs Group raised their price target on Hannon Armstrong Sustainable Infrastructure Capital from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Friday, February 16th. Finally, StockNews.com lowered Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.22.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 0.8 %

Hannon Armstrong Sustainable Infrastructure Capital stock opened at $25.60 on Wednesday. The stock has a market cap of $2.91 billion, a P/E ratio of 19.10, a PEG ratio of 0.95 and a beta of 1.88. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $13.22 and a fifty-two week high of $29.88. The firm’s fifty day moving average price is $25.89 and its 200-day moving average price is $24.01. The company has a debt-to-equity ratio of 1.98, a quick ratio of 19.42 and a current ratio of 19.42.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Friday, April 5th were paid a $0.415 dividend. This is a positive change from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.40. This represents a $1.66 dividend on an annualized basis and a yield of 6.48%. The ex-dividend date was Thursday, April 4th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is currently 123.88%.

About Hannon Armstrong Sustainable Infrastructure Capital

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.