SFE Investment Counsel lifted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 6.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,450 shares of the real estate investment trust’s stock after purchasing an additional 5,387 shares during the period. SFE Investment Counsel owned 0.17% of Hannon Armstrong Sustainable Infrastructure Capital worth $2,082,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. First Trust Advisors LP raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 35.2% during the 3rd quarter. First Trust Advisors LP now owns 72,809 shares of the real estate investment trust’s stock worth $1,774,000 after buying an additional 18,951 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth approximately $444,000. Public Employees Retirement System of Ohio acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth approximately $1,365,000. Raymond James Financial Services Advisors Inc. raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 4.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 13,468 shares of the real estate investment trust’s stock worth $308,000 after buying an additional 583 shares during the period. Finally, Osterweis Capital Management Inc. acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth approximately $14,530,000. Institutional investors own 70.31% of the company’s stock.

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Several analysts have recently commented on HASI shares. Morgan Stanley reissued an “equal weight” rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, July 11th. BidaskClub raised Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Oppenheimer Holdings, Inc. reissued a “buy” rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, August 8th. Zacks Investment Research raised Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research note on Wednesday, August 9th. Finally, Cowen and Company set a $28.00 price objective on Hannon Armstrong Sustainable Infrastructure Capital and gave the stock a “buy” rating in a research note on Monday, August 28th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Hannon Armstrong Sustainable Infrastructure Capital currently has a consensus rating of “Buy” and a consensus target price of $25.50.

Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) traded down $0.38 during midday trading on Monday, reaching $23.64. The company’s stock had a trading volume of 58,226 shares, compared to its average volume of 300,119. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $18.02 and a 1-year high of $25.28. The company has a market capitalization of $1,274.67, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 1.75 and a beta of 0.95. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.98.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Thursday, October 5th were issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 5.58%. The ex-dividend date of this dividend was Wednesday, October 4th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 220.00%.

In other news, EVP Nathaniel Rose sold 6,000 shares of the firm’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of $23.85, for a total value of $143,100.00. Following the completion of the transaction, the executive vice president now directly owns 297,506 shares of the company’s stock, valued at $7,095,518.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Daniel K. Mcmahon sold 5,000 shares of the firm’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $24.11, for a total value of $120,550.00. Following the completion of the transaction, the executive vice president now directly owns 263,167 shares of the company’s stock, valued at $6,344,956.37. The disclosure for this sale can be found here. 5.40% of the stock is currently owned by corporate insiders.

Hannon Armstrong Sustainable Infrastructure Capital Company Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc makes debt and equity investments in sustainable infrastructure, including energy efficiency and renewable energy. The Company focuses on providing preferred or senior level capital to sponsors and obligors for assets that generate long-term, recurring and predictable cash flows.

Institutional Ownership by Quarter for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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