Handelsbanken Fonder AB decreased its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) by 14.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 757,016 shares of the real estate investment trust’s stock after selling 126,752 shares during the period. Handelsbanken Fonder AB’s holdings in Hannon Armstrong Sustnbl Infrstr Cap were worth $16,253,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Investec Asset Management LTD grew its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 5.2% in the 2nd quarter. Investec Asset Management LTD now owns 52,831 shares of the real estate investment trust’s stock valued at $1,043,000 after buying an additional 2,600 shares during the last quarter. California Public Employees Retirement System grew its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 4.2% in the 2nd quarter. California Public Employees Retirement System now owns 73,432 shares of the real estate investment trust’s stock valued at $1,450,000 after buying an additional 2,973 shares during the last quarter. Rhumbline Advisers grew its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 6.4% in the 2nd quarter. Rhumbline Advisers now owns 52,427 shares of the real estate investment trust’s stock valued at $1,035,000 after buying an additional 3,146 shares during the last quarter. Northern Trust Corp grew its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 0.6% in the 1st quarter. Northern Trust Corp now owns 582,695 shares of the real estate investment trust’s stock valued at $11,362,000 after buying an additional 3,508 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 10.2% in the 1st quarter. Principal Financial Group Inc. now owns 39,007 shares of the real estate investment trust’s stock valued at $761,000 after buying an additional 3,626 shares during the last quarter. 69.22% of the stock is currently owned by institutional investors and hedge funds.

Shares of Hannon Armstrong Sustnbl Infrstr Cap stock traded up $0.27 during midday trading on Friday, hitting $20.50. 300 shares of the company were exchanged, compared to its average volume of 286,502. The company has a debt-to-equity ratio of 2.24, a current ratio of 41.26 and a quick ratio of 41.26. The company has a market capitalization of $1.11 billion, a PE ratio of 19.55, a price-to-earnings-growth ratio of 2.86 and a beta of 0.94. Hannon Armstrong Sustnbl Infrstr Cap Inc has a 52 week low of $17.33 and a 52 week high of $25.28.

The business also recently announced a quarterly dividend, which was paid on Thursday, October 11th. Investors of record on Wednesday, October 3rd were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Tuesday, October 2nd. This represents a $1.32 annualized dividend and a dividend yield of 6.44%. Hannon Armstrong Sustnbl Infrstr Cap’s dividend payout ratio (DPR) is presently 125.71%.

A number of analysts have commented on HASI shares. ValuEngine upgraded Hannon Armstrong Sustnbl Infrstr Cap from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 26th. Zacks Investment Research upgraded Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating in a research report on Tuesday, August 14th. B. Riley set a $26.00 price objective on Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a research report on Friday, August 3rd. Finally, Morgan Stanley raised their price objective on Hannon Armstrong Sustnbl Infrstr Cap from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 11th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $25.25.

In related news, EVP Daniel K. Mcmahon sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 14th. The stock was sold at an average price of $20.45, for a total transaction of $122,700.00. Following the completion of the transaction, the executive vice president now owns 307,571 shares in the company, valued at approximately $6,289,826.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 5.30% of the stock is owned by company insiders.

Hannon Armstrong Sustnbl Infrstr Cap Company Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include energy efficiency projects that reduce a building's or facility's energy usage or cost through enhancing or installing various building components, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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Institutional Ownership by Quarter for Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI)

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