Parametric Portfolio Associates LLC raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 262.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 44,239 shares of the real estate investment trust’s stock after buying an additional 32,037 shares during the period. Parametric Portfolio Associates LLC owned 0.09% of Hannon Armstrong Sustainable Infrastructure Capital worth $894,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of HASI. ProShare Advisors LLC purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth $103,000. US Bancorp DE raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 8.0% in the first quarter. US Bancorp DE now owns 5,398 shares of the real estate investment trust’s stock worth $108,000 after buying an additional 400 shares during the last quarter. Strs Ohio raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 4.4% in the first quarter. Strs Ohio now owns 14,200 shares of the real estate investment trust’s stock worth $286,000 after buying an additional 600 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 412.3% in the first quarter. Russell Investments Group Ltd. now owns 16,472 shares of the real estate investment trust’s stock worth $333,000 after buying an additional 13,257 shares during the last quarter. Finally, Everett Harris & Co. CA raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 9.9% in the first quarter. Everett Harris & Co. CA now owns 16,600 shares of the real estate investment trust’s stock worth $335,000 after buying an additional 1,500 shares during the last quarter. 70.60% of the stock is currently owned by institutional investors and hedge funds.
Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) opened at 23.22 on Friday. The company has a 50-day moving average of $23.19 and a 200 day moving average of $21.30. The company has a market capitalization of $1.20 billion, a P/E ratio of 42.07 and a beta of 0.96. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12 month low of $18.02 and a 12 month high of $25.21.
The business also recently declared a quarterly dividend, which was paid on Thursday, July 13th. Investors of record on Thursday, July 6th were issued a dividend of $0.33 per share. The ex-dividend date of this dividend was Monday, July 3rd. This represents a $1.32 annualized dividend and a yield of 5.68%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 244.44%.
HASI has been the subject of a number of recent analyst reports. Zacks Investment Research raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a report on Friday, May 5th. Roth Capital set a $25.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital and gave the stock a “buy” rating in a report on Tuesday, May 2nd. FBR & Co reissued a “buy” rating and set a $26.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Friday, June 30th. BidaskClub lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “strong-buy” rating to a “buy” rating in a report on Friday, June 30th. Finally, Oppenheimer Holdings, Inc. reissued a “buy” rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Tuesday. One equities research analyst has rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $25.44.
In other Hannon Armstrong Sustainable Infrastructure Capital news, COO Nathaniel Rose sold 6,000 shares of the company’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $22.39, for a total value of $134,340.00. Following the completion of the transaction, the chief operating officer now owns 303,506 shares in the company, valued at approximately $6,795,499.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Daniel K. Mcmahon sold 5,000 shares of the company’s stock in a transaction on Monday, May 15th. The shares were sold at an average price of $22.22, for a total value of $111,100.00. Following the completion of the transaction, the executive vice president now owns 268,167 shares of the company’s stock, valued at approximately $5,958,670.74. The disclosure for this sale can be found here. Corporate insiders own 7.20% of the company’s stock.
Hannon Armstrong Sustainable Infrastructure Capital Company Profile
Hannon Armstrong Sustainable Infrastructure Capital, Inc makes debt and equity investments in sustainable infrastructure, including energy efficiency and renewable energy. The Company focuses on providing preferred or senior level capital to sponsors and obligors for assets that generate long-term, recurring and predictable cash flows.
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