Smithfield Trust Co Has $145,000 Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Smithfield Trust Co lessened its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 50.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,170 shares of the real estate investment trust’s stock after selling 4,180 shares during the period. Smithfield Trust Co’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $145,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of HASI. Macroview Investment Management LLC acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth about $31,000. Plato Investment Management Ltd acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 1st quarter valued at about $49,000. Point72 Hong Kong Ltd acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at about $69,000. Covestor Ltd increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 31.1% in the 3rd quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust’s stock valued at $77,000 after purchasing an additional 530 shares during the period. Finally, Addison Advisors LLC increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 28.1% in the 2nd quarter. Addison Advisors LLC now owns 2,642 shares of the real estate investment trust’s stock valued at $78,000 after purchasing an additional 580 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 1.8 %

Shares of Hannon Armstrong Sustainable Infrastructure Capital stock opened at $28.55 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.77 and a 12-month high of $36.56. The company has a quick ratio of 13.55, a current ratio of 13.55 and a debt-to-equity ratio of 1.78. The stock has a market capitalization of $3.39 billion, a P/E ratio of 16.04, a PEG ratio of 1.04 and a beta of 1.98. The stock has a 50 day moving average price of $33.25 and a two-hundred day moving average price of $32.10.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Monday, December 30th will be given a $0.415 dividend. The ex-dividend date is Monday, December 30th. This represents a $1.66 annualized dividend and a dividend yield of 5.81%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is 93.26%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Robert W. Baird upped their target price on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an “outperform” rating in a report on Friday, September 27th. Baird R W upgraded Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Friday, September 27th. Citigroup upped their target price on Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Morgan Stanley upped their target price on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, July 31st. Finally, Jefferies Financial Group assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Wednesday, September 4th. They issued a “buy” rating and a $39.00 price target for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $39.83.

Insider Activity

In other news, CFO Marc T. Pangburn bought 3,500 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average cost of $28.71 per share, for a total transaction of $100,485.00. Following the completion of the purchase, the chief financial officer now owns 56,791 shares of the company’s stock, valued at $1,630,469.61. This trade represents a 6.57 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.00% of the stock is owned by company insiders.

Hannon Armstrong Sustainable Infrastructure Capital Company 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.