Swiss National Bank Has $7.68 Million Stock Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Swiss National Bank lowered its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 0.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 222,734 shares of the real estate investment trust’s stock after selling 1,100 shares during the quarter. Swiss National Bank owned 0.19% of Hannon Armstrong Sustainable Infrastructure Capital worth $7,678,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of HASI. Macroview Investment Management LLC acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth approximately $31,000. Plato Investment Management Ltd acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 1st quarter valued at approximately $49,000. Point72 Hong Kong Ltd acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at approximately $69,000. Covestor Ltd boosted 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 buying an additional 530 shares during the last quarter. Finally, Addison Advisors LLC boosted 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 buying an additional 580 shares during the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

Analysts Set New Price Targets

HASI has been the subject of several recent analyst reports. Royal Bank of Canada initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Tuesday, September 3rd. They issued an “outperform” rating and a $41.00 price objective for the company. Robert W. Baird increased their price objective 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. Bank of America initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday. They issued a “buy” rating and a $40.00 price objective for the company. The Goldman Sachs Group increased their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the company a “neutral” rating in a report on Monday, August 5th. Finally, StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $40.58.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 4.9 %

HASI stock opened at $30.43 on Tuesday. The company has a market cap of $3.61 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 1.09 and a beta of 1.98. The business has a 50-day simple moving average of $33.01 and a 200 day simple moving average of $32.15. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.77 and a 52 week 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.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be given a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 5.46%. The ex-dividend date is Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is presently 93.26%.

Insider Buying and Selling at Hannon Armstrong Sustainable Infrastructure Capital

In other news, CFO Marc T. Pangburn purchased 3,500 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction dated Monday, November 11th. The shares were bought at an average cost 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 in the company, valued at approximately $1,630,469.61. This trade represents a 6.57 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.00% of the company’s stock.

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.