Swedbank AB Has $122.95 Million Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Swedbank AB lessened its position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 11.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,566,965 shares of the real estate investment trust’s stock after selling 453,700 shares during the period. Swedbank AB’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $122,953,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Encompass Capital Advisors LLC bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the second quarter worth $18,759,000. Bank of New York Mellon Corp increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 18.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,400 shares of the real estate investment trust’s stock valued at $51,161,000 after acquiring an additional 267,304 shares in the last quarter. Hood River Capital Management LLC raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 26.7% in the 2nd quarter. Hood River Capital Management LLC now owns 988,135 shares of the real estate investment trust’s stock worth $29,249,000 after purchasing an additional 208,303 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 3,347.0% during the 3rd quarter. International Assets Investment Management LLC now owns 127,367 shares of the real estate investment trust’s stock worth $43,900,000 after buying an additional 123,672 shares in the last quarter. Finally, Marshall Wace LLP lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 107.0% during the 2nd quarter. Marshall Wace LLP now owns 183,305 shares of the real estate investment trust’s stock worth $5,426,000 after buying an additional 94,751 shares in the last quarter. Institutional investors own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of HASI opened at $29.01 on Monday. The firm has a market cap of $3.44 billion, a P/E ratio of 16.30, a PEG ratio of 1.07 and a beta of 1.98. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $21.77 and a twelve month high of $36.56. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.55 and a current ratio of 13.55. The firm’s 50 day moving average price is $33.01 and its two-hundred day moving average price is $32.13.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be paid a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 5.72%. The ex-dividend date is Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is presently 93.26%.

Insiders Place Their Bets

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn bought 3,500 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average price of $28.71 per share, for a total transaction of $100,485.00. Following the completion of the acquisition, the chief financial officer now owns 56,791 shares of the company’s stock, valued at $1,630,469.61. This trade represents a 6.57 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

HASI has been the subject of several recent research reports. Robert W. Baird boosted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an “outperform” rating in a report on Friday, September 27th. Royal Bank of Canada initiated coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, September 3rd. They set an “outperform” rating and a $41.00 price target for the company. Jefferies Financial Group assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Wednesday, September 4th. They issued a “buy” rating and a $39.00 price objective on the stock. Morgan Stanley upped their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the company an “overweight” rating in a research report on Wednesday, July 31st. Finally, StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $39.83.

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.