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

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

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HASI. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. Morgan Stanley upped their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the stock an “overweight” rating in a research report on Monday, February 26th. B. Riley upped their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $41.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. TheStreet upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a research report on Thursday, February 15th. Finally, Bank of America upped 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 report on Wednesday, March 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and an average price target of $31.89.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 2.4 %

Hannon Armstrong Sustainable Infrastructure Capital stock opened at $24.93 on Friday. The firm has a 50 day simple moving average of $25.89 and a 200-day simple 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 capitalization of $2.84 billion, a PE ratio of 18.60, a price-to-earnings-growth ratio of 0.92 and a beta of 1.88. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $13.22 and a 12-month high of $29.88.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Friday, April 5th were issued a $0.415 dividend. The ex-dividend date was Thursday, April 4th. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.40. This represents a $1.66 annualized dividend and a dividend yield of 6.66%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 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.