MetLife Investment Advisors LLC Boosts Holdings in Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI)

MetLife Investment Advisors LLC grew its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) by 11.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,277 shares of the real estate investment trust’s stock after acquiring an additional 2,799 shares during the period. MetLife Investment Advisors LLC’s holdings in Hannon Armstrong Sustnbl Infrstr Cap were worth $674,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of HASI. BlackRock Inc. lifted its position in Hannon Armstrong Sustnbl Infrstr Cap by 2.8% during the 4th quarter. BlackRock Inc. now owns 4,876,481 shares of the real estate investment trust’s stock worth $92,895,000 after acquiring an additional 132,869 shares during the last quarter. Van ECK Associates Corp lifted its position in Hannon Armstrong Sustnbl Infrstr Cap by 63.6% during the 4th quarter. Van ECK Associates Corp now owns 2,184,399 shares of the real estate investment trust’s stock worth $41,613,000 after acquiring an additional 849,402 shares during the last quarter. Amundi Pioneer Asset Management Inc. lifted its position in Hannon Armstrong Sustnbl Infrstr Cap by 2.1% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 861,443 shares of the real estate investment trust’s stock worth $16,411,000 after acquiring an additional 17,716 shares during the last quarter. Handelsbanken Fonder AB lifted its position in Hannon Armstrong Sustnbl Infrstr Cap by 2.0% during the 1st quarter. Handelsbanken Fonder AB now owns 770,702 shares of the real estate investment trust’s stock worth $19,761,000 after acquiring an additional 15,245 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Hannon Armstrong Sustnbl Infrstr Cap by 22.0% during the fourth quarter. Geode Capital Management LLC now owns 635,024 shares of the real estate investment trust’s stock valued at $12,096,000 after buying an additional 114,362 shares during the last quarter. Institutional investors and hedge funds own 71.47% of the company’s stock.

In other Hannon Armstrong Sustnbl Infrstr Cap news, EVP Daniel K. Mcmahon sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $26.00, for a total value of $130,000.00. Following the transaction, the executive vice president now directly owns 238,233 shares of the company’s stock, valued at $6,194,058. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Jeffrey Eckel acquired 985 shares of Hannon Armstrong Sustnbl Infrstr Cap stock in a transaction on Wednesday, May 8th. The stock was acquired at an average cost of $26.82 per share, for a total transaction of $26,417.70. The disclosure for this purchase can be found here. 3.60% of the stock is currently owned by corporate insiders.

A number of brokerages have recently commented on HASI. Zacks Investment Research lowered shares of ExlService from a “hold” rating to a “sell” rating in a research report on Wednesday, July 10th. Roth Capital set a $24.00 price target on shares of Lydall and gave the stock a “hold” rating in a research report on Thursday, May 2nd. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Hannon Armstrong Sustnbl Infrstr Cap currently has a consensus rating of “Buy” and a consensus target price of $27.00.

Hannon Armstrong Sustnbl Infrstr Cap stock traded down $0.05 during trading hours on Thursday, hitting $27.83. 209,300 shares of the stock were exchanged, compared to its average volume of 389,529. The company has a quick ratio of 29.45, a current ratio of 29.45 and a debt-to-equity ratio of 1.48. The stock has a market capitalization of $1.77 billion, a PE ratio of 23.39, a P/E/G ratio of 10.68 and a beta of 1.04. Hannon Armstrong Sustnbl Infrstr Cap Inc has a 12 month low of $18.83 and a 12 month high of $28.67. The stock has a 50-day moving average of $27.30.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 12th. Shareholders of record on Friday, July 5th were paid a dividend of $0.335 per share. The ex-dividend date was Wednesday, July 3rd. This represents a $1.34 annualized dividend and a yield of 4.81%. Hannon Armstrong Sustnbl Infrstr Cap’s dividend payout ratio is 112.61%.

Hannon Armstrong Sustnbl Infrstr Cap Company Profile

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 energy efficiency projects that reduce a building's or facility's energy usage or cost through the use of solar generation, including heating, ventilation, and air conditioning systems, 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 Sustnbl Infrstr Cap (NYSE:HASI)

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