GAMMA Investing LLC Makes New $90,000 Investment in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

GAMMA Investing LLC bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 3,260 shares of the real estate investment trust’s stock, valued at approximately $90,000.

A number of other large investors also recently bought and sold shares of the company. SFE Investment Counsel raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 15.3% during the 4th quarter. SFE Investment Counsel now owns 135,415 shares of the real estate investment trust’s stock worth $3,735,000 after purchasing an additional 18,009 shares during the period. Avior Wealth Management LLC acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter worth approximately $159,000. Everence Capital Management Inc. raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 37.8% during the 4th quarter. Everence Capital Management Inc. now owns 15,340 shares of the real estate investment trust’s stock worth $423,000 after purchasing an additional 4,210 shares during the period. Flputnam Investment Management Co. raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3.5% during the 4th quarter. Flputnam Investment Management Co. now owns 78,370 shares of the real estate investment trust’s stock worth $2,161,000 after purchasing an additional 2,672 shares during the period. Finally, Canton Hathaway LLC raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 58.1% during the 4th quarter. Canton Hathaway LLC now owns 13,600 shares of the real estate investment trust’s stock worth $375,000 after purchasing an additional 5,000 shares during the period. Institutional investors own 96.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Bank of America raised their target price on Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Wednesday, March 13th. Mizuho raised their target price on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $31.00 and gave the company a “buy” rating in a research report on Wednesday, January 3rd. StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, March 20th. B. Riley raised their target price on Hannon Armstrong Sustainable Infrastructure Capital from $41.00 to $44.00 and gave the company a “buy” rating in a research report on Monday, April 22nd. Finally, Morgan Stanley raised their target price on Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the company an “overweight” rating in a research report on Monday, February 26th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and an average target price of $32.22.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of NYSE HASI opened at $25.47 on Tuesday. The stock has a fifty day moving average price of $25.94 and a two-hundred day moving average price of $24.35. The company has a debt-to-equity ratio of 1.98, a quick ratio of 19.42 and a current ratio of 19.42. The firm has a market cap of $2.90 billion, a P/E ratio of 19.01, a PEG ratio of 0.99 and a beta of 1.88. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $13.22 and a 1 year high of $29.88.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Friday, April 5th were paid a dividend of $0.415 per share. 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 6.52%. The ex-dividend date was Thursday, April 4th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 123.88%.

Hannon Armstrong Sustainable Infrastructure Capital 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.