International Assets Investment Management LLC Purchases New Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

International Assets Investment Management LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 101,908 shares of the real estate investment trust’s stock, valued at approximately $2,811,000. International Assets Investment Management LLC owned about 0.09% of Hannon Armstrong Sustainable Infrastructure Capital at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Lazard Asset Management LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the first quarter valued at approximately $38,000. Chilton Capital Management LLC purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the first quarter worth $29,000. Global Retirement Partners LLC increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 3,739.3% in the fourth quarter. Global Retirement Partners LLC now owns 1,075 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 1,047 shares during the last quarter. Westside Investment Management Inc. purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter worth $34,000. Finally, Manchester Capital Management LLC increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 706.6% in the third quarter. Manchester Capital Management LLC now owns 1,226 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 1,074 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on HASI shares. TheStreet raised Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a research report on Thursday, February 15th. B. Riley raised their price target on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $41.00 and gave the stock a “buy” rating in a report on Monday, February 5th. Mizuho raised their price target on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $31.00 and gave the stock a “buy” rating in a report on Wednesday, January 3rd. The Goldman Sachs Group raised their price target on Hannon Armstrong Sustainable Infrastructure Capital from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Friday, February 16th. Finally, Morgan Stanley raised their price target on Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the stock an “overweight” rating in a report on Monday, February 26th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $31.89.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

NYSE:HASI opened at $24.35 on Friday. The firm has a market capitalization of $2.77 billion, a price-to-earnings ratio of 18.17, a P/E/G ratio of 0.91 and a beta of 1.88. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52-week low of $13.22 and a 52-week high of $29.88. The stock has a fifty day moving average of $25.87 and a 200 day moving average of $23.78. The company has a debt-to-equity ratio of 1.98, a quick ratio of 19.42 and a current ratio of 19.42.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 19th. Investors of record on Friday, April 5th will be paid a dividend of $0.415 per share. This is a positive change from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.40. The ex-dividend date is Thursday, April 4th. This represents a $1.66 annualized dividend and a yield of 6.82%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 123.88%.

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.