Harbor Capital Advisors Inc. Buys 21,446 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Harbor Capital Advisors Inc. grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 42.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 71,995 shares of the real estate investment trust’s stock after purchasing an additional 21,446 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $1,932,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oppenheimer & Co. Inc. lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 16.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 197,921 shares of the real estate investment trust’s stock valued at $6,822,000 after purchasing an additional 27,529 shares during the period. Creative Planning acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the third quarter valued at approximately $548,000. Encompass Capital Advisors LLC bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth approximately $18,759,000. Point72 Asset Management L.P. acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter worth approximately $5,616,000. Finally, PFG Investments LLC increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 8.8% in the 3rd quarter. PFG Investments LLC now owns 239,559 shares of the real estate investment trust’s stock valued at $8,258,000 after acquiring an additional 19,464 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Robert W. Baird raised 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. StockNews.com lowered Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. Bank of America assumed coverage on 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. The Goldman Sachs Group lowered their target price on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 17th. Finally, Baird R W raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research report on Friday, September 27th. One research analyst has rated the stock with a sell rating, one has given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $40.50.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 2.2 %

HASI opened at $27.01 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $21.77 and a fifty-two week high of $36.56. The firm has a market capitalization of $3.20 billion, a P/E ratio of 15.17, a PEG ratio of 1.21 and a beta of 1.94. The company’s 50-day moving average is $29.04 and its 200 day moving average is $31.38. The company has a debt-to-equity ratio of 1.78, a current ratio of 13.55 and a quick ratio of 13.55.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were given a dividend of $0.415 per share. The ex-dividend date was Monday, December 30th. This represents a $1.66 annualized dividend and a dividend yield of 6.15%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is currently 93.26%.

Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital

In related news, CFO Marc T. Pangburn purchased 3,500 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were bought at an average cost of $28.71 per share, with a total value of $100,485.00. Following the acquisition, the chief financial officer now owns 56,791 shares of the company’s stock, valued at $1,630,469.61. This represents a 6.57 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 2.00% of the company’s stock.

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.