Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Short Interest Update

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 14,500,000 shares, a growth of 9.4% from the October 31st total of 13,260,000 shares. Based on an average daily volume of 1,110,000 shares, the short-interest ratio is presently 13.1 days.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 0.4 %

HASI traded up $0.12 during trading on Wednesday, reaching $30.80. The company had a trading volume of 238,116 shares, compared to its average volume of 1,064,384. Hannon Armstrong Sustainable Infrastructure Capital has a 12-month low of $21.77 and a 12-month high of $36.56. The firm’s 50-day simple moving average is $32.46 and its 200 day simple moving average is $32.09. The company has a market cap of $3.65 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 1.26 and a beta of 1.93. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Monday, December 30th will be issued a $0.415 dividend. The ex-dividend date is Monday, December 30th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.39%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is currently 93.26%.

Insiders Place Their Bets

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn purchased 3,500 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were purchased 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 in the company, valued at $1,630,469.61. This represents a 6.57 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HASI. Macroview Investment Management LLC bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at approximately $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter worth $60,000. Point72 Hong Kong Ltd acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at approximately $69,000. Wilmington Savings Fund Society FSB bought a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter valued at $73,000. Finally, Covestor Ltd lifted its stake 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 worth $77,000 after purchasing an additional 530 shares during the period. 96.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on HASI shares. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. Citigroup upped their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. Baird R W raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research note on Friday, September 27th. Robert W. Baird upped their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an “outperform” rating in a research note on Friday, September 27th. Finally, Royal Bank of Canada began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Tuesday, September 3rd. They issued an “outperform” rating and a $41.00 price target for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $40.58.

Hannon Armstrong Sustainable Infrastructure Capital Company 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.