Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 6.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,618,157 shares of the real estate investment trust’s stock after purchasing an additional 713,519 shares during the period. Vanguard Group Inc. owned 11.22% of Hannon Armstrong Sustainable Infrastructure Capital worth $348,009,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in HASI. Van ECK Associates Corp grew its position in Hannon Armstrong Sustainable Infrastructure Capital by 44.9% during the 4th quarter. Van ECK Associates Corp now owns 1,883,537 shares of the real estate investment trust’s stock worth $51,948,000 after purchasing an additional 583,665 shares during the last quarter. Northern Trust Corp increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 8.2% in the 3rd quarter. Northern Trust Corp now owns 1,553,220 shares of the real estate investment trust’s stock valued at $32,928,000 after acquiring an additional 117,549 shares during the period. Vontobel Holding Ltd. raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 4.5% in the 4th quarter. Vontobel Holding Ltd. now owns 1,517,987 shares of the real estate investment trust’s stock worth $41,866,000 after acquiring an additional 64,915 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 19.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,027,913 shares of the real estate investment trust’s stock worth $28,350,000 after acquiring an additional 166,192 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in Hannon Armstrong Sustainable Infrastructure Capital by 9.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,010,904 shares of the real estate investment trust’s stock valued at $27,881,000 after purchasing an additional 89,164 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on HASI shares. B. Riley raised Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Tuesday. JPMorgan Chase & Co. upped their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $37.00 to $39.00 and gave the company an “overweight” rating in a report on Thursday, May 23rd. Oppenheimer reissued an “outperform” rating and set a $48.00 target price on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, May 16th. TD Cowen upped their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $35.00 to $40.00 and gave the company a “buy” rating in a report on Monday, May 13th. Finally, StockNews.com upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $33.82.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 1.1 %

Shares of HASI stock opened at $29.60 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $13.22 and a 1-year high of $33.99. The company has a market cap of $3.37 billion, a price-to-earnings ratio of 14.37, a PEG ratio of 1.13 and a beta of 1.99. The company has a debt-to-equity ratio of 1.87, a current ratio of 15.60 and a quick ratio of 15.61. The stock has a 50 day simple moving average of $30.25 and a 200-day simple moving average of $27.29.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Wednesday, July 3rd will be given a dividend of $0.415 per share. This represents a $1.66 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date of this dividend is Wednesday, July 3rd. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is presently 80.58%.

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.