Lbp Am Sa Increases Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Lbp Am Sa increased its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 72.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,910 shares of the real estate investment trust’s stock after acquiring an additional 27,634 shares during the period. Lbp Am Sa owned approximately 0.06% of Hannon Armstrong Sustainable Infrastructure Capital worth $1,872,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Global Retirement Partners LLC lifted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3,739.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,075 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 1,047 shares during the last quarter. Scarborough Advisors LLC purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the 4th quarter worth about $40,000. Addison Advisors LLC lifted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 56.7% in the fourth quarter. Addison Advisors LLC now owns 1,970 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 713 shares during the last quarter. ICA Group Wealth Management LLC purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at approximately $60,000. Finally, Segantii Capital Management Ltd bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at approximately $77,000. 96.14% of the stock is owned by institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 2.0 %

NYSE HASI traded down $0.65 during midday trading on Thursday, hitting $32.12. 1,336,052 shares of the company traded hands, compared to its average volume of 1,091,618. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52 week low of $13.22 and a 52 week high of $34.00. The company’s 50-day simple moving average is $31.40 and its 200-day simple moving average is $27.94. The company has a market cap of $3.66 billion, a PE ratio of 15.89, a price-to-earnings-growth ratio of 1.24 and a beta of 1.98. The company has a debt-to-equity ratio of 1.87, a current ratio of 15.60 and a quick ratio of 15.61.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 12th. Shareholders of record on Wednesday, July 3rd were paid a $0.415 dividend. The ex-dividend date of this dividend was Wednesday, July 3rd. This represents a $1.66 annualized dividend and a yield of 5.17%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 80.58%.

Analysts Set New Price Targets

A number of research firms recently issued reports on HASI. JPMorgan Chase & Co. boosted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $39.00 to $42.00 and gave the company an “overweight” rating in a report on Tuesday, July 16th. Morgan Stanley boosted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the company an “overweight” rating in a research note on Wednesday. Mizuho raised their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. B. Riley raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research report on Tuesday, June 25th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $48.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, May 16th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $35.64.

About Hannon Armstrong Sustainable Infrastructure Capital

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.