Raymond James & Associates Buys 10,770 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Raymond James & Associates grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Get Rating) by 8.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 133,704 shares of the real estate investment trust’s stock after acquiring an additional 10,770 shares during the quarter. Raymond James & Associates’ holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $3,875,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of HASI. RFP Financial Group LLC bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter valued at $26,000. Lazard Asset Management LLC bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 1st quarter valued at $38,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter valued at $48,000. Castleview Partners LLC acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter worth $59,000. Finally, Catalyst Capital Advisors LLC raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 26.7% during the 4th quarter. Catalyst Capital Advisors LLC now owns 2,470 shares of the real estate investment trust’s stock worth $72,000 after buying an additional 520 shares in the last quarter. 82.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Hannon Armstrong Sustainable Infrastructure Capital

In related news, EVP Susan D. Nickey purchased 2,000 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction on Thursday, March 16th. The shares were purchased at an average price of $23.91 per share, for a total transaction of $47,820.00. Following the transaction, the executive vice president now owns 58,245 shares of the company’s stock, valued at approximately $1,392,637.95. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, EVP Susan D. Nickey purchased 2,000 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction on Thursday, March 16th. The shares were purchased at an average price of $23.91 per share, for a total transaction of $47,820.00. Following the transaction, the executive vice president now owns 58,245 shares of the company’s stock, valued at approximately $1,392,637.95. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Jeffrey Eckel purchased 2,087 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction on Thursday, March 16th. The stock was bought at an average price of $23.92 per share, for a total transaction of $49,921.04. Following the transaction, the insider now directly owns 549,894 shares in the company, valued at approximately $13,153,464.48. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 7,087 shares of company stock worth $170,101. Insiders own 3.40% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 9.8 %

NYSE HASI opened at $24.06 on Thursday. The business’s 50-day moving average price is $26.74 and its two-hundred day moving average price is $30.25. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12 month low of $21.56 and a 12 month high of $46.24. The firm has a market capitalization of $2.21 billion, a PE ratio of 114.58, a price-to-earnings-growth ratio of 1.48 and a beta of 1.68. The company has a current ratio of 18.35, a quick ratio of 18.35 and a debt-to-equity ratio of 2.03.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 12th. Shareholders of record on Wednesday, July 5th will be given a $0.395 dividend. The ex-dividend date of this dividend is Monday, July 3rd. This represents a $1.58 dividend on an annualized basis and a dividend yield of 6.57%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 752.42%.

Analyst Ratings Changes

A number of research firms have recently commented on HASI. Cowen lowered their price target on Hannon Armstrong Sustainable Infrastructure Capital from $44.00 to $41.00 and set an “outperform” rating for the company in a report on Thursday, February 23rd. JPMorgan Chase & Co. lowered their price target on Hannon Armstrong Sustainable Infrastructure Capital from $56.00 to $52.00 and set an “overweight” rating for the company in a report on Friday, February 17th. StockNews.com started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, May 18th. They issued a “sell” rating for the company. TheStreet cut Hannon Armstrong Sustainable Infrastructure Capital from a “b-” rating to a “c” rating in a report on Thursday, February 16th. Finally, Oppenheimer lowered their target price on Hannon Armstrong Sustainable Infrastructure Capital from $50.00 to $48.00 and set an “outperform” rating for the company in a report on Friday, February 17th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital has a consensus rating of “Hold” and an average target price of $43.71.

About Hannon Armstrong Sustainable Infrastructure Capital

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Hannon Armstrong Sustainable Infrastructure Capital, Inc engages in the business of investing in climate solutions and the provision of capital to assets developed by companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. It focuses on generating attractive returns from a diversified portfolio of project company investments with long-term, predictable cash flows from proven technologies that reduce carbon emissions or increase resilience to climate change.