Maryland State Retirement & Pension System Purchases 944 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Maryland State Retirement & Pension System raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 2.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 40,403 shares of the real estate investment trust’s stock after acquiring an additional 944 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $1,114,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in HASI. MeadowBrook Investment Advisors LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at $348,000. Avalon Trust Co boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.5% during the 4th quarter. Avalon Trust Co now owns 159,650 shares of the real estate investment trust’s stock valued at $4,403,000 after acquiring an additional 6,900 shares during the last quarter. Merit Financial Group LLC grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 11.7% in the fourth quarter. Merit Financial Group LLC now owns 20,429 shares of the real estate investment trust’s stock worth $563,000 after acquiring an additional 2,141 shares during the period. Benjamin F. Edwards & Company Inc. grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1,322.5% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 2,845 shares of the real estate investment trust’s stock worth $79,000 after acquiring an additional 2,645 shares during the period. Finally, Los Angeles Capital Management LLC purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at approximately $217,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on HASI. StockNews.com upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a report on Wednesday, May 1st. B. Riley raised their price target on Hannon Armstrong Sustainable Infrastructure Capital from $41.00 to $44.00 and gave the stock a “buy” rating in a research note on Monday, April 22nd. Morgan Stanley upped their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the company an “overweight” rating in a research report on Monday, February 26th. The Goldman Sachs Group raised their target price on Hannon Armstrong Sustainable Infrastructure Capital from $25.00 to $28.00 and gave the stock a “neutral” rating in a research report on Friday, February 16th. Finally, TheStreet raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a research report on Thursday, February 15th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $32.22.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 16.2 %

HASI stock opened at $30.44 on Thursday. The business’s 50-day moving average price is $26.09 and its 200-day moving average price is $24.73. The stock has a market cap of $3.46 billion, a P/E ratio of 22.72, a PEG ratio of 0.99 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 $30.77. The company has a quick ratio of 19.42, a current ratio of 19.42 and a debt-to-equity ratio of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Wednesday, July 3rd will be given a $0.415 dividend. The ex-dividend date is Wednesday, July 3rd. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.45%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is currently 123.88%.

Hannon Armstrong Sustainable Infrastructure Capital 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.