Perigon Wealth Management LLC Sells 1,387 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Perigon Wealth Management LLC decreased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 4.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 30,361 shares of the real estate investment trust’s stock after selling 1,387 shares during the quarter. Perigon Wealth Management LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $855,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of HASI. KBC Group NV lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 68.0% during the 4th quarter. KBC Group NV now owns 5,399 shares of the real estate investment trust’s stock valued at $145,000 after purchasing an additional 2,186 shares during the period. Union Bancaire Privee UBP SA bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter worth approximately $278,000. Blue Trust Inc. lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 57.8% in the fourth quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 394 shares during the period. AEGON ASSET MANAGEMENT UK Plc bought a new position in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at approximately $2,247,000. Finally, Dynamic Advisor Solutions LLC grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 15.7% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 22,312 shares of the real estate investment trust’s stock worth $599,000 after acquiring an additional 3,032 shares during the period. 96.14% of the stock is currently owned by institutional investors.

Insider Activity at Hannon Armstrong Sustainable Infrastructure Capital

In other news, CFO Marc T. Pangburn purchased 3,500 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average cost of $28.71 per share, for a total transaction of $100,485.00. Following the purchase, the chief financial officer now directly owns 56,791 shares of the company’s stock, valued at $1,630,469.61. This trade represents a 6.57 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.00% of the stock is owned by company insiders.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 1.9 %

Shares of Hannon Armstrong Sustainable Infrastructure Capital stock opened at $28.69 on Friday. The company has a debt-to-equity ratio of 1.78, a current ratio of 13.55 and a quick ratio of 13.55. The business has a fifty day simple moving average of $28.49 and a two-hundred day simple moving average of $31.17. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $22.59 and a 1 year high of $36.56. The company has a market capitalization of $3.40 billion, a price-to-earnings ratio of 16.12, a P/E/G ratio of 1.00 and a beta of 1.94.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Monday, December 30th were issued a dividend of $0.415 per share. This represents a $1.66 annualized dividend and a dividend yield of 5.79%. The ex-dividend date was Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 93.26%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on HASI shares. Bank of America began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They issued a “buy” rating and a $40.00 price objective for the company. StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. JPMorgan Chase & Co. reduced their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating on the stock in a research note on Thursday, January 23rd. The Goldman Sachs Group lowered their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, December 17th. Finally, Citigroup raised shares of 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 report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital currently has an average rating of “Moderate Buy” and a consensus price target of $40.25.

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.