Daiwa Securities Group Inc. Increases Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Daiwa Securities Group Inc. lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 10.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,300 shares of the real estate investment trust’s stock after purchasing an additional 10,100 shares during the quarter. Daiwa Securities Group Inc. owned 0.09% of Hannon Armstrong Sustainable Infrastructure Capital worth $3,664,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Swedbank AB lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 6.8% in the second quarter. Swedbank AB now owns 4,020,665 shares of the real estate investment trust’s stock valued at $119,012,000 after acquiring an additional 257,233 shares in the last quarter. Tidal Investments LLC raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 48.0% during the first quarter. Tidal Investments LLC now owns 81,728 shares of the real estate investment trust’s stock valued at $2,321,000 after purchasing an additional 26,508 shares during the period. Abundance Wealth Counselors purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at approximately $1,110,000. Harbor Capital Advisors Inc. purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the third quarter valued at approximately $1,742,000. Finally, Oppenheimer & Co. Inc. grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 16.2% during the third quarter. Oppenheimer & Co. Inc. now owns 197,921 shares of the real estate investment trust’s stock valued at $6,822,000 after buying an additional 27,529 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Marc T. Pangburn bought 3,500 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was bought at an average price of $28.71 per share, with a total value of $100,485.00. Following the transaction, the chief financial officer now owns 56,791 shares of the company’s stock, valued at approximately $1,630,469.61. This trade represents a 6.57 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 2.00% of the stock is currently owned by company insiders.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 3.1 %

Shares of HASI opened at $31.27 on Thursday. The stock has a market cap of $3.70 billion, a price-to-earnings ratio of 17.57, a price-to-earnings-growth ratio of 1.14 and a beta of 1.98. The firm has a 50 day simple moving average of $32.83 and a 200-day simple moving average of $32.12. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $21.77 and a 1-year high of $36.56. The company has a debt-to-equity ratio of 1.78, a current ratio of 13.55 and a quick ratio of 13.55.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be issued a dividend of $0.415 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.66 annualized dividend and a dividend yield of 5.31%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 93.26%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Jefferies Financial Group initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Wednesday, September 4th. They set a “buy” rating and a $39.00 price objective on the stock. Robert W. Baird raised their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an “outperform” rating in a research report on Friday, September 27th. Morgan Stanley lifted their price target on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 31st. The Goldman Sachs Group lifted their price target on Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Finally, Baird R W raised Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $40.58.

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.