Perpetual Ltd Sells 136,025 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Perpetual Ltd lessened its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 41.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 189,439 shares of the real estate investment trust’s stock after selling 136,025 shares during the period. Perpetual Ltd’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $5,083,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in HASI. Legend Financial Advisors Inc. acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter worth $27,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital during the third quarter worth $60,000. Point72 Hong Kong Ltd bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at about $69,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the third quarter worth about $73,000. Finally, Covestor Ltd boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 31.1% during the 3rd quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust’s stock worth $77,000 after acquiring an additional 530 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. StockNews.com downgraded Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. Baird R W raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research report on Friday, September 27th. The Goldman Sachs Group decreased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating for the company in a report on Tuesday, December 17th. Citigroup upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 target price on the stock in a report on Wednesday, January 8th. Finally, Robert W. Baird boosted their target price 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. One analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $40.50.

Insider Buying and Selling

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn acquired 3,500 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was bought at an average price of $28.71 per share, for a total transaction of $100,485.00. Following the purchase, the chief financial officer now owns 56,791 shares in the company, valued at $1,630,469.61. This represents a 6.57 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.00% of the stock is owned by company insiders.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 1.3 %

Shares of HASI opened at $27.55 on Wednesday. The stock’s 50-day moving average price is $28.49 and its 200 day moving average price is $31.33. The company has a quick ratio of 13.55, a current ratio of 13.55 and a debt-to-equity ratio of 1.78. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $22.40 and a 12-month high of $36.56. The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of 15.48, a P/E/G ratio of 1.03 and a beta of 1.94.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Monday, December 30th were paid a $0.415 dividend. The ex-dividend date was Monday, December 30th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 6.03%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 93.26%.

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.