Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Purchased by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund raised its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 15.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 119,074 shares of the real estate investment trust’s stock after purchasing an additional 15,846 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned about 0.10% of Hannon Armstrong Sustainable Infrastructure Capital worth $3,382,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in HASI. Global Retirement Partners LLC raised 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 valued at $30,000 after purchasing an additional 1,047 shares during the period. Scarborough Advisors LLC purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at about $40,000. Addison Advisors LLC raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 56.7% in the fourth quarter. Addison Advisors LLC now owns 1,970 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 713 shares during the period. ICA Group Wealth Management LLC purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at about $60,000. Finally, Segantii Capital Management Ltd purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at about $77,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on HASI. Oppenheimer reissued an “outperform” rating and issued a $48.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, May 16th. StockNews.com raised Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Wednesday, May 1st. JPMorgan Chase & Co. lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $39.00 to $42.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 16th. TD Cowen lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $35.00 to $40.00 and gave the stock a “buy” rating in a research report on Monday, May 13th. Finally, B. Riley raised Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research report on Tuesday, June 25th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $34.09.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 3.0 %

NYSE:HASI opened at $33.00 on Friday. The company has a market capitalization of $3.76 billion, a price-to-earnings ratio of 16.02, a price-to-earnings-growth ratio of 1.20 and a beta of 1.98. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $13.22 and a one year high of $33.99. The stock has a 50-day simple moving average of $31.33 and a 200 day simple moving average of $27.68. The company has a debt-to-equity ratio of 1.87, a quick ratio of 15.61 and a current ratio of 15.60.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 12th. Investors of record on Wednesday, July 3rd were paid a $0.415 dividend. The ex-dividend date was Wednesday, July 3rd. This represents a $1.66 dividend on an annualized basis and a yield of 5.03%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 80.58%.

Hannon Armstrong Sustainable Infrastructure Capital 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.