Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lowered its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,081 shares of the real estate investment trust’s stock after selling 418 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $499,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of HASI. Vanguard Group Inc. increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 18.4% in the third quarter. Vanguard Group Inc. now owns 11,904,638 shares of the real estate investment trust’s stock worth $252,378,000 after acquiring an additional 1,847,577 shares during the last quarter. BlackRock Inc. boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 22.5% in the second quarter. BlackRock Inc. now owns 8,702,176 shares of the real estate investment trust’s stock worth $217,554,000 after purchasing an additional 1,599,641 shares in the last quarter. Amundi boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 58.8% in the fourth quarter. Amundi now owns 2,898,675 shares of the real estate investment trust’s stock worth $85,859,000 after purchasing an additional 1,073,727 shares in the last quarter. Morgan Stanley boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 87.1% in the third quarter. Morgan Stanley now owns 1,826,883 shares of the real estate investment trust’s stock worth $38,730,000 after purchasing an additional 850,559 shares in the last quarter. Finally, Norges Bank bought a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at about $21,888,000. Institutional investors own 96.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on HASI. Bank of America upped their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “buy” rating in a report on Wednesday, March 13th. TheStreet upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a research note on Thursday, February 15th. StockNews.com cut shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. B. Riley increased their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $41.00 and gave the company a “buy” rating in a research note on Monday, February 5th. Finally, The Goldman Sachs Group increased their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $25.00 to $28.00 and gave the company a “neutral” rating in a research note on Friday, February 16th. One equities research 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. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $31.89.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

NYSE:HASI opened at $24.93 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $13.22 and a 12-month high of $29.88. The company has a quick ratio of 19.42, a current ratio of 19.42 and a debt-to-equity ratio of 1.98. The firm 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. The firm has a 50-day moving average price of $25.89 and a 200 day moving average price of $23.82.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Friday, April 5th were issued 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 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 dividend payout ratio (DPR) is presently 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.