Janney Montgomery Scott LLC Has $2.34 Million Stock Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Janney Montgomery Scott LLC increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 1.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 67,933 shares of the real estate investment trust’s stock after buying an additional 1,201 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $2,342,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of HASI. Macroview Investment Management LLC acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth $31,000. Plato Investment Management Ltd acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth about $49,000. Point72 Hong Kong Ltd acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital during the second quarter worth about $69,000. Addison Advisors LLC lifted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 28.1% in the second quarter. Addison Advisors LLC now owns 2,642 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 580 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at approximately $90,000. 96.14% of the stock is owned by institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 7.8 %

Shares of NYSE HASI opened at $26.89 on Wednesday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52-week low of $18.72 and a 52-week high of $36.56. The company has a debt-to-equity ratio of 1.77, a quick ratio of 13.27 and a current ratio of 13.27. The company’s 50 day moving average price is $33.87 and its 200-day moving average price is $32.05. The company has a market capitalization of $3.13 billion, a P/E ratio of 15.11, a price-to-earnings-growth ratio of 1.07 and a beta of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be given a dividend of $0.415 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.66 dividend on an annualized basis and a yield of 6.17%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 93.26%.

Analyst Ratings Changes

Several equities analysts recently commented on HASI shares. The Goldman Sachs Group increased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the company a “neutral” rating in a research note on Monday, August 5th. Citigroup increased their price target on Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Mizuho upped their target price on Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Morgan Stanley lifted their price target on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the company an “overweight” rating in a research note on Wednesday, July 31st. Finally, Robert W. Baird upped their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an “outperform” rating in a research note on Friday, September 27th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $39.83.

Insiders Place Their Bets

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn bought 3,500 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average price of $28.71 per share, with a total value of $100,485.00. Following the completion of the purchase, the chief financial officer now directly owns 56,791 shares of the company’s stock, valued at approximately $1,630,469.61. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 2.00% of the company’s stock.

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.