Virtu Financial LLC Cuts Stock Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Virtu Financial LLC reduced its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 19.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,533 shares of the real estate investment trust’s stock after selling 2,525 shares during the period. Virtu Financial LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $363,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of HASI. Macroview Investment Management LLC purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at about $31,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter valued at approximately $60,000. Point72 Hong Kong Ltd bought a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter worth approximately $69,000. Covestor Ltd raised its holdings 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. Finally, Addison Advisors LLC boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 28.1% during the 2nd quarter. Addison Advisors LLC now owns 2,642 shares of the real estate investment trust’s stock valued at $78,000 after acquiring an additional 580 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital

In other news, CFO Marc T. Pangburn purchased 3,500 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was purchased at an average price of $28.71 per share, for a total transaction of $100,485.00. Following the completion of the acquisition, the chief financial officer now owns 56,791 shares of the company’s stock, valued at approximately $1,630,469.61. This trade represents a 6.57 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

HASI has been the topic of a number of recent research reports. Baird R W raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research note on Friday, September 27th. Royal Bank of Canada assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Tuesday, September 3rd. They issued an “outperform” rating and a $41.00 price target for the company. Bank of America began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They set a “buy” rating and a $40.00 price objective on the stock. Citigroup raised their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Finally, Robert W. Baird boosted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an “outperform” rating in a research report on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $40.58.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 3.5 %

Shares of HASI opened at $28.72 on Tuesday. The firm has a fifty day moving average price of $31.80 and a 200-day moving average price of $31.95. The company has a current ratio of 13.55, a quick ratio of 13.55 and a debt-to-equity ratio of 1.78. The firm has a market capitalization of $3.40 billion, a P/E ratio of 16.13, a P/E/G ratio of 1.24 and a beta of 1.93. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.77 and a 12-month high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be paid a $0.415 dividend. The ex-dividend date is Monday, December 30th. This represents a $1.66 dividend on an annualized basis and a yield of 5.78%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is currently 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.