Metropolitan Life Insurance Co. NY maintained its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,826 shares of the real estate investment trust’s stock at the end of the first quarter. Metropolitan Life Insurance Co. NY owned about 0.06% of Hannon Armstrong Sustainable Infrastructure Capital worth $623,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. US Bancorp DE boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 8.0% in the first quarter. US Bancorp DE now owns 5,398 shares of the real estate investment trust’s stock worth $108,000 after buying an additional 400 shares during the period. SG Americas Securities LLC bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth approximately $167,000. JPMorgan Chase & Co. bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth approximately $237,000. Raymond James Financial Services Advisors Inc. bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth approximately $260,000. Finally, Strs Ohio boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.4% in the first quarter. Strs Ohio now owns 14,200 shares of the real estate investment trust’s stock worth $286,000 after buying an additional 600 shares during the period. Hedge funds and other institutional investors own 70.60% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE HASI) traded down 0.6355% during trading on Tuesday, reaching $24.0462. The company had a trading volume of 67,100 shares. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52 week low of $18.02 and a 52 week high of $25.21. The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of 43.5620 and a beta of 0.96. The company’s 50-day moving average is $23.14 and its 200 day moving average is $21.09.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 13th. Investors of record on Thursday, July 6th were given a $0.33 dividend. The ex-dividend date of this dividend was Monday, July 3rd. This represents a $1.32 annualized dividend and a yield of 5.45%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 244.44%.

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A number of brokerages have recently commented on HASI. BidaskClub cut Hannon Armstrong Sustainable Infrastructure Capital from a “strong-buy” rating to a “buy” rating in a report on Friday, June 30th. Cowen and Company reiterated an “outperform” rating and issued a $28.00 target price (up previously from $25.00) on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, June 22nd. Morgan Stanley reiterated an “equal weight” rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Tuesday, July 11th. FBR & Co reiterated a “buy” rating and issued a $26.00 target price on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Friday, June 30th. Finally, Zacks Investment Research cut Hannon Armstrong Sustainable Infrastructure Capital from a “buy” rating to a “hold” rating in a report on Wednesday, April 26th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $25.11.

In related news, EVP Daniel K. Mcmahon sold 5,000 shares of the stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $22.22, for a total value of $111,100.00. Following the completion of the transaction, the executive vice president now directly owns 268,167 shares in the company, valued at $5,958,670.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Nathaniel Rose sold 6,000 shares of the stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $22.39, for a total value of $134,340.00. Following the completion of the transaction, the chief operating officer now owns 303,506 shares of the company’s stock, valued at $6,795,499.34. The disclosure for this sale can be found here. Corporate insiders own 7.20% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Company Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc makes debt and equity investments in sustainable infrastructure, including energy efficiency and renewable energy. The Company focuses on providing preferred or senior level capital to sponsors and obligors for assets that generate long-term, recurring and predictable cash flows.

Institutional Ownership by Quarter for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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