Avior Wealth Management LLC Invests $159,000 in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Avior Wealth Management LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,757 shares of the real estate investment trust’s stock, valued at approximately $159,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Everence Capital Management Inc. lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 37.8% during the 4th quarter. Everence Capital Management Inc. now owns 15,340 shares of the real estate investment trust’s stock valued at $423,000 after purchasing an additional 4,210 shares during the last quarter. Flputnam Investment Management Co. lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 3.5% during the 4th quarter. Flputnam Investment Management Co. now owns 78,370 shares of the real estate investment trust’s stock valued at $2,161,000 after purchasing an additional 2,672 shares during the last quarter. Canton Hathaway LLC lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 58.1% during the 4th quarter. Canton Hathaway LLC now owns 13,600 shares of the real estate investment trust’s stock valued at $375,000 after purchasing an additional 5,000 shares during the last quarter. Vontobel Holding Ltd. lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 4.5% during the 4th quarter. Vontobel Holding Ltd. now owns 1,517,987 shares of the real estate investment trust’s stock valued at $41,866,000 after purchasing an additional 64,915 shares during the last quarter. Finally, Louisiana State Employees Retirement System bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter valued at about $1,533,000. 96.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. The Goldman Sachs Group boosted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $25.00 to $28.00 and gave the stock a “neutral” rating in a research note on Friday, February 16th. StockNews.com downgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. TheStreet raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a research note on Thursday, February 15th. Mizuho boosted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $31.00 and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. Finally, Bank of America boosted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Wednesday, March 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of $31.89.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 2.4 %

Shares of NYSE:HASI opened at $24.93 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $13.22 and a one year high of $29.88. The company has a 50 day moving average of $25.89 and a 200-day moving average of $23.82. The company has a debt-to-equity ratio of 1.98, a current ratio of 19.42 and a quick ratio of 19.42. The stock has a market cap of $2.84 billion, a price-to-earnings ratio of 18.60, a P/E/G ratio of 0.92 and a beta of 1.88.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Friday, April 5th were given a dividend of $0.415 per share. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, April 4th. This represents a $1.66 annualized dividend and a dividend yield of 6.66%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is currently 123.88%.

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.