Crossmark Global Holdings Inc. Boosts Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Crossmark Global Holdings Inc. lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 15.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,256 shares of the real estate investment trust’s stock after acquiring an additional 2,092 shares during the period. Crossmark Global Holdings Inc.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $526,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of HASI. Macroview Investment Management LLC purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter worth about $31,000. Plato Investment Management Ltd acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter valued at approximately $49,000. Covestor Ltd lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 31.1% during the third quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust’s stock valued at $77,000 after buying an additional 530 shares in the last quarter. Point72 Hong Kong Ltd purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the second quarter worth approximately $69,000. Finally, Addison Advisors LLC increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 28.1% in the second quarter. Addison Advisors LLC now owns 2,642 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 580 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn bought 3,500 shares of the business’s stock in a transaction on Monday, November 11th. The shares were purchased at an average price of $28.71 per share, with a total value of $100,485.00. Following the completion of the acquisition, the chief financial officer now directly owns 56,791 shares of the company’s stock, valued at approximately $1,630,469.61. The trade was a 6.57 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 2.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

HASI has been the subject of a number of research reports. Baird R W raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research report on Friday, September 27th. Mizuho raised their target price on Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the company an “outperform” rating in a report on Friday, July 26th. The Goldman Sachs Group upped their price target on Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. Finally, Royal Bank of Canada assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, September 3rd. They issued an “outperform” rating and a $41.00 target price for the company. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $39.83.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 1.2 %

Shares of NYSE HASI opened at $27.22 on Friday. The company has a quick ratio of 13.27, a current ratio of 13.55 and a debt-to-equity ratio of 1.78. The stock’s 50 day moving average price is $33.56 and its two-hundred day moving average price is $32.05. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52-week low of $21.77 and a 52-week high of $36.56. The stock has a market capitalization of $3.23 billion, a P/E ratio of 15.29, a PEG ratio of 1.02 and a beta of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be paid a dividend of $0.415 per share. This represents a $1.66 annualized dividend and a yield of 6.10%. The ex-dividend date is Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 93.26%.

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.