Pictet Asset Management SA Has $217,000 Stock Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Pictet Asset Management SA boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASIGet Rating) by 14.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,740 shares of the real estate investment trust’s stock after purchasing an additional 740 shares during the period. Pictet Asset Management SA’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $217,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of HASI. Comerica Bank boosted its position in Hannon Armstrong Sustainable Infrastructure Capital by 7.9% during the first quarter. Comerica Bank now owns 10,372 shares of the real estate investment trust’s stock valued at $447,000 after purchasing an additional 763 shares during the last quarter. SG Americas Securities LLC boosted its position in Hannon Armstrong Sustainable Infrastructure Capital by 129.3% during the first quarter. SG Americas Securities LLC now owns 32,523 shares of the real estate investment trust’s stock valued at $1,543,000 after purchasing an additional 18,342 shares during the last quarter. FDx Advisors Inc. acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter valued at approximately $237,000. State of New Jersey Common Pension Fund D lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 25.7% in the first quarter. State of New Jersey Common Pension Fund D now owns 58,704 shares of the real estate investment trust’s stock valued at $2,784,000 after buying an additional 11,990 shares during the last quarter. Finally, Arizona State Retirement System lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 8.2% in the first quarter. Arizona State Retirement System now owns 22,894 shares of the real estate investment trust’s stock valued at $1,086,000 after buying an additional 1,734 shares during the last quarter. 84.69% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital

In other news, Director Richard J. Osborne bought 1,000 shares of the stock in a transaction dated Wednesday, November 9th. The shares were bought at an average price of $28.58 per share, for a total transaction of $28,580.00. Following the completion of the purchase, the director now owns 35,645 shares in the company, valued at $1,018,734.10. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Richard J. Osborne acquired 1,000 shares of the stock in a transaction on Wednesday, November 9th. The shares were purchased at an average price of $28.58 per share, for a total transaction of $28,580.00. Following the purchase, the director now directly owns 35,645 shares in the company, valued at $1,018,734.10. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Jeffrey Eckel acquired 10,000 shares of the stock in a transaction on Wednesday, November 9th. The shares were bought at an average price of $29.26 per share, for a total transaction of $292,600.00. Following the purchase, the chief executive officer now owns 547,807 shares in the company, valued at $16,028,832.82. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 18,000 shares of company stock worth $523,480. Company insiders own 3.40% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Shares of NYSE HASI opened at $30.96 on Thursday. The firm has a market cap of $2.75 billion, a P/E ratio of 22.27, a price-to-earnings-growth ratio of 1.55 and a beta of 1.54. The company has a current ratio of 16.05, a quick ratio of 16.05 and a debt-to-equity ratio of 1.65. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $21.56 and a 1-year high of $61.14. The business’s 50 day moving average is $29.18 and its 200-day moving average is $34.90.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 6th. Stockholders of record on Wednesday, December 28th will be paid a dividend of $0.375 per share. The ex-dividend date is Tuesday, December 27th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.84%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 107.91%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on HASI shares. B. Riley cut their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, October 25th. Morgan Stanley raised their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $55.00 to $58.00 and gave the company an “equal weight” rating in a research report on Thursday, August 18th. StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Friday, October 28th. JPMorgan Chase & Co. cut their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $67.00 to $56.00 and set an “overweight” rating for the company in a research report on Thursday, October 20th. Finally, Robert W. Baird cut their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $53.00 to $44.00 in a research report on Friday, November 4th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.33.

Hannon Armstrong Sustainable Infrastructure Capital Profile

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Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include building or facility that reduce energy usage or cost through the use of solar generation and energy storage or energy efficiency improvements, including heating, ventilation, and air conditioning systems (HVAC), as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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

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