Colorado Capital Management Inc. Sells 6,221 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Colorado Capital Management Inc. decreased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 24.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 19,134 shares of the real estate investment trust’s stock after selling 6,221 shares during the period. Colorado Capital Management Inc.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $513,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in HASI. First Affirmative Financial Network raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.0% in the third quarter. First Affirmative Financial Network now owns 8,129 shares of the real estate investment trust’s stock worth $280,000 after acquiring an additional 384 shares during the last quarter. AQR Capital Management LLC raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 1.6% in the 2nd quarter. AQR Capital Management LLC now owns 24,262 shares of the real estate investment trust’s stock worth $718,000 after purchasing an additional 392 shares during the last quarter. Harrington Investments INC lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 4.1% during the 3rd quarter. Harrington Investments INC now owns 12,824 shares of the real estate investment trust’s stock worth $442,000 after buying an additional 500 shares in the last quarter. Covestor Ltd boosted its position in Hannon Armstrong Sustainable Infrastructure Capital by 31.1% in the 3rd quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust’s stock valued at $77,000 after buying an additional 530 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 0.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 68,371 shares of the real estate investment trust’s stock valued at $2,357,000 after buying an additional 571 shares during the period. Institutional investors own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of HASI opened at $27.92 on Tuesday. The firm has a market cap of $3.31 billion, a P/E ratio of 15.68, a PEG ratio of 1.00 and a beta of 1.94. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $21.77 and a twelve month high of $36.56. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.55 and a current ratio of 13.55. The firm’s 50 day moving average price is $28.49 and its two-hundred day moving average price is $31.33.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Monday, December 30th were given a $0.415 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.66 annualized dividend and a yield of 5.95%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is currently 93.26%.

Insider Buying and Selling

In other news, CFO Marc T. Pangburn bought 3,500 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were acquired at an average price of $28.71 per share, with a total value of $100,485.00. Following the transaction, the chief financial officer now owns 56,791 shares in the company, valued at $1,630,469.61. This represents a 6.57 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on HASI shares. Baird R W upgraded Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Friday, September 27th. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. The Goldman Sachs Group cut their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Tuesday, December 17th. Robert W. Baird lifted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an “outperform” rating in a report on Friday, September 27th. Finally, Citigroup raised Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 price target on the stock in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $40.50.

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.