Swedbank AB Sells 136,700 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Swedbank AB decreased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 3.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,430,265 shares of the real estate investment trust’s stock after selling 136,700 shares during the quarter. Swedbank AB owned approximately 2.90% of Hannon Armstrong Sustainable Infrastructure Capital worth $92,034,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. First Affirmative Financial Network raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.0% during the third quarter. First Affirmative Financial Network now owns 8,129 shares of the real estate investment trust’s stock valued at $280,000 after acquiring an additional 384 shares in the last quarter. AQR Capital Management LLC increased its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 1.6% during the 2nd quarter. AQR Capital Management LLC now owns 24,262 shares of the real estate investment trust’s stock worth $718,000 after purchasing an additional 392 shares during the period. Blue Trust Inc. lifted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 57.8% in the 4th quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 394 shares during the period. Harrington Investments INC grew its position in shares of 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 increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 31.1% during 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. 96.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HASI has been the subject of a number of research reports. Bank of America began 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 price objective for the company. StockNews.com downgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. Citigroup raised 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 report on Wednesday, January 8th. The Goldman Sachs Group lowered their target price on 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. Finally, JPMorgan Chase & Co. cut 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. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.25.

Insider Buying and Selling

In other news, CFO Marc T. Pangburn acquired 3,500 shares of the business’s stock in a transaction dated Monday, November 11th. The shares were acquired at an average cost of $28.71 per share, with a total value 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 acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 2.00% of the stock is owned by company insiders.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 3.1 %

Hannon Armstrong Sustainable Infrastructure Capital stock opened at $28.15 on Thursday. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.55 and a current ratio of 13.55. The stock has a market cap of $3.33 billion, a PE ratio of 15.81, a price-to-earnings-growth ratio of 1.00 and a beta of 1.94. The stock has a 50-day moving average of $28.48 and a two-hundred day moving average of $31.18. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $22.59 and a one year high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Monday, December 30th were given a $0.415 dividend. This represents a $1.66 annualized dividend and a dividend yield of 5.90%. The ex-dividend date was Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is currently 93.26%.

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.