Green Alpha Advisors LLC Has $2.03 Million Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Green Alpha Advisors LLC raised its position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 4.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 75,457 shares of the real estate investment trust’s stock after purchasing an additional 2,965 shares during the period. Hannon Armstrong Sustainable Infrastructure Capital makes up 1.6% of Green Alpha Advisors LLC’s portfolio, making the stock its 13th biggest holding. Green Alpha Advisors LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $2,025,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Legend Financial Advisors Inc. bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter worth about $27,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter worth approximately $60,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the third quarter valued at approximately $73,000. Covestor Ltd boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 31.1% in the third 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. Finally, Point72 Hong Kong Ltd acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the second quarter worth approximately $69,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 2.2 %

NYSE HASI opened at $27.01 on Monday. The company has a market cap of $3.20 billion, a price-to-earnings ratio of 15.17, a price-to-earnings-growth ratio of 1.21 and a beta of 1.94. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $21.77 and a twelve month high of $36.56. The company has a quick ratio of 13.55, a current ratio of 13.55 and a debt-to-equity ratio of 1.78. The business’s fifty day moving average is $29.04 and its 200 day moving average is $31.38.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were issued a dividend of $0.415 per share. This represents a $1.66 dividend on an annualized basis and a yield of 6.15%. The ex-dividend date of this dividend was Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 93.26%.

Insider Buying and Selling

In other news, CFO Marc T. Pangburn acquired 3,500 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was bought at an average cost of $28.71 per share, for a total transaction 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 $1,630,469.61. This represents a 6.57 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on HASI shares. Bank of America started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Monday, November 25th. They set a “buy” rating and a $40.00 target price for the company. Robert W. Baird upped their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an “outperform” rating in a research report on Friday, September 27th. Citigroup upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 price objective on the stock in a research note on Wednesday, January 8th. The Goldman Sachs Group dropped their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating for the company in a research report on Tuesday, December 17th. Finally, Baird R W upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research report on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital currently has an average rating of “Moderate Buy” and a consensus price target of $40.50.

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.