Dynamic Advisor Solutions LLC Boosts Stock Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Dynamic Advisor Solutions LLC increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 15.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,312 shares of the real estate investment trust’s stock after buying an additional 3,032 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in Hannon Armstrong Sustainable Infrastructure Capital by 42.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 300,587 shares of the real estate investment trust’s stock worth $10,361,000 after buying an additional 89,126 shares in the last quarter. Pallas Capital Advisors LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter worth approximately $2,451,000. Harbor Capital Advisors Inc. raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 42.4% in the 4th quarter. Harbor Capital Advisors Inc. now owns 71,995 shares of the real estate investment trust’s stock valued at $1,932,000 after purchasing an additional 21,446 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 16.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 197,921 shares of the real estate investment trust’s stock worth $6,822,000 after purchasing an additional 27,529 shares during the last quarter. Finally, Creative Planning acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter worth $548,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Insiders Place Their Bets

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn purchased 3,500 shares of the business’s stock in a transaction on Monday, November 11th. The shares were bought at an average cost of $28.71 per share, for a total transaction of $100,485.00. Following the completion of the purchase, the chief financial officer now directly owns 56,791 shares of the company’s stock, valued at approximately $1,630,469.61. This trade represents a 6.57 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

HASI has been the topic of several research reports. StockNews.com downgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. Citigroup upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 target price on the stock in a report on Wednesday, January 8th. JPMorgan Chase & Co. cut their price target on Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating for the company in a report on Thursday, January 23rd. Bank of America started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They set a “buy” rating and a $40.00 price objective on the stock. Finally, The Goldman Sachs Group cut their target price on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $40.25.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Hannon Armstrong Sustainable Infrastructure Capital stock opened at $27.98 on Tuesday. The company’s 50 day simple moving average is $28.49 and its 200-day simple moving average is $31.24. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.55 and a current ratio of 13.55. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $22.59 and a 1 year high of $36.56. The company has a market capitalization of $3.31 billion, a price-to-earnings ratio of 15.72, a price-to-earnings-growth ratio of 1.00 and a beta of 1.94.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were paid a dividend of $0.415 per share. This represents a $1.66 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date of this dividend was Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 93.26%.

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.