Investors Buy High Volume of Hannon Armstrong Sustainable Infrastructure Capital Put Options (NYSE:HASI)

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) was the recipient of unusually large options trading activity on Thursday. Stock investors bought 3,014 put options on the stock. This represents an increase of 381% compared to the average volume of 627 put options.

Analysts Set New Price Targets

HASI has been the subject of several recent research reports. Bank of America assumed 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 lowered Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. Citigroup lifted 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. Robert W. Baird lifted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an “outperform” rating in a research note on Friday, September 27th. Finally, The Goldman Sachs Group decreased their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, December 17th. One analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $40.50.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 1.2 %

NYSE:HASI opened at $27.15 on Friday. 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 has a 52-week low of $21.77 and a 52-week high of $36.56. The stock’s 50 day moving average price is $29.88 and its 200 day moving average price is $31.51. The company has a market capitalization of $3.22 billion, a PE ratio of 15.25, a P/E/G ratio of 1.21 and a beta of 1.93.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The firm also recently declared 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 yield of 6.11%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 93.26%.

Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital

In other news, CFO Marc T. Pangburn bought 3,500 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was bought at an average cost of $28.71 per share, for a total transaction of $100,485.00. Following the acquisition, the chief financial officer now directly owns 56,791 shares of the company’s stock, valued at $1,630,469.61. The trade was a 6.57 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Hannon Armstrong Sustainable Infrastructure Capital

Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 42.1% in the third quarter. JPMorgan Chase & Co. now owns 300,587 shares of the real estate investment trust’s stock valued at $10,361,000 after buying an additional 89,126 shares during the last quarter. Franklin Resources Inc. increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 3.1% in the 3rd quarter. Franklin Resources Inc. now owns 379,832 shares of the real estate investment trust’s stock valued at $13,298,000 after acquiring an additional 11,254 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter valued at approximately $73,000. Geode Capital Management LLC lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 2,636,884 shares of the real estate investment trust’s stock worth $90,912,000 after acquiring an additional 53,799 shares during the period. Finally, Barclays PLC increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.5% in the third quarter. Barclays PLC now owns 476,940 shares of the real estate investment trust’s stock valued at $16,441,000 after purchasing an additional 6,911 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

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.