Maven Securities LTD Buys Shares of 22,000 Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Maven Securities LTD bought a new stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 22,000 shares of the real estate investment trust’s stock, valued at approximately $758,000.

A number of other institutional investors also recently bought and sold shares of HASI. First Affirmative Financial Network raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.0% in the third quarter. First Affirmative Financial Network now owns 8,129 shares of the real estate investment trust’s stock worth $280,000 after buying an additional 384 shares during the period. AQR Capital Management LLC raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.6% in the second quarter. AQR Capital Management LLC now owns 24,262 shares of the real estate investment trust’s stock worth $718,000 after buying an additional 392 shares during the period. Los Angeles Capital Management LLC raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.2% in the second quarter. Los Angeles Capital Management LLC now owns 8,082 shares of the real estate investment trust’s stock worth $239,000 after buying an additional 401 shares during the period. Nisa Investment Advisors LLC raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.5% in the second quarter. Nisa Investment Advisors LLC now owns 29,138 shares of the real estate investment trust’s stock worth $862,000 after buying an additional 432 shares during the period. Finally, Harrington Investments INC raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3.8% in the second quarter. Harrington Investments INC now owns 12,324 shares of the real estate investment trust’s stock worth $365,000 after buying an additional 450 shares during the period. Institutional investors own 96.14% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Citigroup raised their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. Robert W. Baird lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an “outperform” rating in a research note on Friday, September 27th. Royal Bank of Canada assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, September 3rd. They set an “outperform” rating and a $41.00 target price on the stock. Finally, Jefferies Financial Group assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Wednesday, September 4th. They set a “buy” rating and a $39.00 target price on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.58.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

NYSE:HASI opened at $30.94 on Thursday. 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, Inc. has a 1 year low of $21.77 and a 1 year high of $36.56. The stock’s 50 day simple moving average is $32.40 and its two-hundred day simple moving average is $32.08. The company has a market cap of $3.67 billion, a price-to-earnings ratio of 17.38, a PEG ratio of 1.26 and a beta of 1.93.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be paid a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 5.37%. The ex-dividend date of this dividend is Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 93.26%.

Insiders Place Their Bets

In related news, CFO Marc T. Pangburn bought 3,500 shares of the business’s stock in a transaction dated Monday, November 11th. The shares were purchased 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 in the company, valued at $1,630,469.61. This trade represents a 6.57 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.00% of the company’s stock.

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.