Abundance Wealth Counselors Has $1.06 Million Stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Abundance Wealth Counselors boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,649 shares of the real estate investment trust’s stock after acquiring an additional 820 shares during the quarter. Abundance Wealth Counselors’ holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $1,064,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HASI. First Affirmative Financial Network raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 5.0% in the 3rd quarter. First Affirmative Financial Network now owns 8,129 shares of the real estate investment trust’s stock valued at $280,000 after purchasing an additional 384 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.6% in the second quarter. AQR Capital Management LLC now owns 24,262 shares of the real estate investment trust’s stock valued at $718,000 after buying an additional 392 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 57.8% in the fourth quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 394 shares during the last quarter. Harrington Investments INC lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 4.1% during the 3rd quarter. Harrington Investments INC now owns 12,824 shares of the real estate investment trust’s stock worth $442,000 after buying an additional 500 shares in the last quarter. Finally, Covestor Ltd grew its holdings in 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 during the last quarter. 96.14% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HASI. Bank of America started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They issued a “buy” rating and a $40.00 target price for the company. The Goldman Sachs Group reduced their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Tuesday, December 17th. StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. JPMorgan Chase & Co. decreased their price target on Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating on the stock in a report on Thursday, January 23rd. Finally, Citigroup upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 price objective for the company in a research report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, one has issued a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $40.25.

Insider Activity at Hannon Armstrong Sustainable Infrastructure Capital

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn bought 3,500 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average cost of $28.71 per share, with a total value 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 trade represents a 6.57 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.00% of the stock is owned by corporate insiders.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 2.2 %

Hannon Armstrong Sustainable Infrastructure Capital stock opened at $28.01 on Friday. The firm has a market capitalization of $3.32 billion, a price-to-earnings ratio of 15.74, a PEG ratio of 1.05 and a beta of 1.94. The company’s 50 day simple moving average is $28.47 and its 200 day simple moving average is $31.15. The company has a debt-to-equity ratio of 1.78, a current ratio of 13.55 and a quick ratio of 13.55. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $22.59 and a fifty-two week high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Monday, December 30th were issued a $0.415 dividend. This represents a $1.66 annualized dividend and a dividend yield of 5.93%. The ex-dividend date of this dividend was Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) 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.