Oppenheimer & Co. Inc. Raises Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Oppenheimer & Co. Inc. lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 16.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 197,921 shares of the real estate investment trust’s stock after purchasing an additional 27,529 shares during the period. Oppenheimer & Co. Inc.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $6,822,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. First Affirmative Financial Network boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 5.0% during the 3rd quarter. First Affirmative Financial Network now owns 8,129 shares of the real estate investment trust’s stock worth $280,000 after purchasing an additional 384 shares during the period. AQR Capital Management LLC grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.6% during the second quarter. AQR Capital Management LLC now owns 24,262 shares of the real estate investment trust’s stock worth $718,000 after buying an additional 392 shares during the last quarter. Los Angeles Capital Management LLC increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 5.2% in the 2nd quarter. Los Angeles Capital Management LLC now owns 8,082 shares of the real estate investment trust’s stock valued at $239,000 after acquiring an additional 401 shares during the period. Nisa Investment Advisors LLC raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 1.5% during the 2nd quarter. Nisa Investment Advisors LLC now owns 29,138 shares of the real estate investment trust’s stock valued at $862,000 after acquiring an additional 432 shares during the last quarter. Finally, Harrington Investments INC lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 3.8% during the 2nd quarter. Harrington Investments INC now owns 12,324 shares of the real estate investment trust’s stock worth $365,000 after acquiring an additional 450 shares during the period. 96.14% of the stock is owned by hedge funds and other institutional investors.

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 business’s stock in a transaction on 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 completion of the transaction, the chief financial officer now owns 56,791 shares in the company, valued at approximately $1,630,469.61. The trade was a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

HASI has been the subject of several analyst reports. Citigroup upped their price target on Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group upped their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Royal Bank of Canada began 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 target price on the stock. Robert W. Baird increased their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an “outperform” rating in a report on Friday, September 27th. Finally, Jefferies Financial Group started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Wednesday, September 4th. They issued a “buy” rating and a $39.00 price objective on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and a consensus target price of $39.83.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $27.35 on Thursday. The stock has a fifty day moving average price of $33.77 and a 200 day moving average price of $32.02. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.27 and a current ratio of 13.55. The stock has a market cap of $3.25 billion, a PE ratio of 15.37, a P/E/G ratio of 1.00 and a beta of 1.98. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $20.89 and a 1 year high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be given a $0.415 dividend. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.66 annualized dividend and a dividend yield of 6.07%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is presently 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.