Consolidated Portfolio Review Corp Cuts Stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Consolidated Portfolio Review Corp reduced its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 5.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,488 shares of the real estate investment trust’s stock after selling 714 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $344,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of HASI. Manchester Capital Management LLC lifted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 706.6% during the 3rd quarter. Manchester Capital Management LLC now owns 1,226 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 1,074 shares during the period. Chilton Capital Management LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 1st quarter valued at about $29,000. Global Retirement Partners LLC lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3,739.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,075 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,047 shares during the period. Westside Investment Management Inc. purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter worth approximately $34,000. Finally, Lazard Asset Management LLC bought a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter valued at approximately $38,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. B. Riley boosted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $41.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Mizuho raised their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $31.00 and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. Morgan Stanley lifted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the company an “overweight” rating in a research report on Monday, February 26th. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Wednesday, March 20th. Finally, TheStreet upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a research report on Thursday, February 15th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $31.89.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 3.0 %

Shares of HASI stock opened at $25.64 on Monday. The stock’s 50-day moving average price is $25.78 and its 200-day moving average price is $23.72. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $13.22 and a 12-month high of $29.88. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of 19.13, a price-to-earnings-growth ratio of 0.97 and a beta of 1.88. The company has a current ratio of 19.42, a quick ratio of 19.42 and a debt-to-equity ratio of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 19th. Stockholders of record on Friday, April 5th will be issued a dividend of $0.415 per share. This represents a $1.66 annualized dividend and a dividend yield of 6.47%. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.40. The ex-dividend date is Thursday, April 4th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is 123.88%.

Hannon Armstrong Sustainable Infrastructure Capital 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.