EntryPoint Capital LLC Lowers Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

EntryPoint Capital LLC trimmed its position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 34.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,964 shares of the real estate investment trust’s stock after selling 1,561 shares during the period. EntryPoint Capital LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $84,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Global Retirement Partners LLC grew its position in 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 valued at $30,000 after buying an additional 1,047 shares during the last quarter. Scarborough Advisors LLC acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at $40,000. Addison Advisors LLC lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 56.7% in the fourth quarter. Addison Advisors LLC now owns 1,970 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 713 shares during the period. ICA Group Wealth Management LLC acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at $60,000. Finally, Segantii Capital Management Ltd acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at $77,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

HASI stock traded up $0.15 during trading on Friday, hitting $33.15. The stock had a trading volume of 299,709 shares, compared to its average volume of 1,091,010. The company’s 50 day moving average price is $31.36 and its two-hundred day moving average price is $27.72. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $13.22 and a 1-year high of $33.99. The stock has a market cap of $3.78 billion, a price-to-earnings ratio of 16.09, a price-to-earnings-growth ratio of 1.20 and a beta of 1.98. The company has a debt-to-equity ratio of 1.87, a quick ratio of 15.61 and a current ratio of 15.60.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 12th. Investors of record on Wednesday, July 3rd were paid a $0.415 dividend. This represents a $1.66 annualized dividend and a yield of 5.01%. The ex-dividend date was Wednesday, July 3rd. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 80.58%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on HASI shares. B. Riley raised Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Tuesday, June 25th. TD Cowen raised their target price on 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. Oppenheimer reissued an “outperform” rating and issued a $48.00 target price on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, May 16th. StockNews.com raised Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st. Finally, Mizuho lifted their price target on Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the stock an “outperform” rating in a research note on Friday. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $34.36.

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.