Creative Planning raised its position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 83.0% during the second quarter, Holdings Channel reports. The institutional investor owned 6,496 shares of the real estate investment trust’s stock after buying an additional 2,946 shares during the period. Creative Planning’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $149,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. ProShare Advisors LLC acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth $103,000. US Bancorp DE increased its stake in 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 last quarter. SG Americas Securities LLC purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth approximately $167,000. JPMorgan Chase & Co. purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth approximately $237,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth approximately $260,000. 70.60% of the stock is currently owned by hedge funds and other institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) traded down 0.13% during mid-day trading on Friday, reaching $23.22. The company’s stock had a trading volume of 168,558 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 $1.20 billion, a P/E ratio of 42.07 and a beta of 0.96. The firm’s 50 day moving average price is $23.19 and its 200 day moving average price is $21.30.

The company also recently declared a quarterly dividend, which was paid on Thursday, July 13th. Stockholders of record on Thursday, July 6th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 5.68%. The ex-dividend date of this dividend was Monday, July 3rd. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 244.44%.

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A number of analysts have commented on HASI shares. Zacks Investment Research downgraded Hannon Armstrong Sustainable Infrastructure Capital from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. Roth Capital set a $25.00 target price on Hannon Armstrong Sustainable Infrastructure Capital and gave the stock a “buy” rating in a research report on Tuesday, May 2nd. FBR & Co reiterated a “buy” rating and set a $26.00 target price on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Friday, June 30th. Morgan Stanley reiterated an “equal weight” rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Tuesday, July 11th. Finally, Cowen and Company reiterated an “outperform” rating and set a $28.00 target price (up from $25.00) on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, June 22nd. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $25.44.

In other news, EVP Daniel K. Mcmahon sold 5,000 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction on Monday, May 15th. The stock was sold at an average price of $22.22, for a total transaction of $111,100.00. Following the transaction, the executive vice president now directly owns 268,167 shares in the company, valued at approximately $5,958,670.74. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Nathaniel Rose sold 6,000 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction on Monday, May 15th. The shares were sold at an average price of $22.39, for a total value of $134,340.00. Following the transaction, the chief operating officer now owns 303,506 shares in the company, valued at $6,795,499.34. The disclosure for this sale can be found here. 7.20% of the stock is currently owned by company insiders.

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.

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

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