Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by NBW Capital LLC

NBW Capital LLC reduced its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 3.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 174,754 shares of the real estate investment trust’s stock after selling 5,451 shares during the period. NBW Capital LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $4,820,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Manchester Capital Management LLC boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 706.6% during the third quarter. Manchester Capital Management LLC now owns 1,226 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 1,074 shares during the period. Chilton Capital Management LLC purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth about $29,000. Global Retirement Partners LLC boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 3,739.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,075 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 1,047 shares during the period. Westside Investment Management Inc. purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter worth about $34,000. Finally, Lazard Asset Management LLC purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth about $38,000. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 1.4 %

NYSE:HASI traded up $0.35 during mid-day trading on Thursday, hitting $24.75. The stock had a trading volume of 309,895 shares, compared to its average volume of 981,952. The stock has a 50-day simple moving average of $25.85 and a two-hundred day simple moving average of $23.78. The company has a market capitalization of $2.82 billion, a PE ratio of 18.21, a PEG ratio of 0.91 and a beta of 1.88. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $13.22 and a twelve month high of $29.88. The company has a current ratio of 19.42, a quick ratio of 19.42 and a debt-to-equity ratio of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 19th. Investors of record on Friday, April 5th will be issued a $0.415 dividend. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Thursday, April 4th. This represents a $1.66 annualized dividend and a yield of 6.71%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 123.88%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on HASI shares. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. The Goldman Sachs Group raised their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $25.00 to $28.00 and gave the company a “neutral” rating in a research note on Friday, February 16th. Bank of America raised their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Wednesday, March 13th. Morgan Stanley raised their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the company an “overweight” rating in a research note on Monday, February 26th. Finally, TheStreet raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a research note on Thursday, February 15th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $31.89.

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.