Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Acquired by Point72 DIFC Ltd

Point72 DIFC Ltd increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 66,166.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,976 shares of the real estate investment trust’s stock after purchasing an additional 3,970 shares during the period. Point72 DIFC Ltd’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $137,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of HASI. First Affirmative Financial Network increased its stake in 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 valued at $280,000 after purchasing an additional 384 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.6% in the 2nd quarter. AQR Capital Management LLC now owns 24,262 shares of the real estate investment trust’s stock valued at $718,000 after buying an additional 392 shares during the last quarter. Los Angeles Capital Management LLC raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 5.2% during the 2nd quarter. Los Angeles Capital Management LLC now owns 8,082 shares of the real estate investment trust’s stock worth $239,000 after acquiring an additional 401 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in 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 valued at $862,000 after acquiring an additional 432 shares during the last quarter. Finally, Harrington Investments INC boosted its stake in 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 valued at $365,000 after acquiring an additional 450 shares in 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 on Monday, November 11th. The stock was bought at an average cost of $28.71 per share, with a total value of $100,485.00. Following the completion of the acquisition, the chief financial officer now owns 56,791 shares in the company, valued at approximately $1,630,469.61. This represents a 6.57 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Baird R W raised Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Friday, September 27th. Robert W. Baird boosted their price objective 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. Jefferies Financial Group assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Wednesday, September 4th. They set a “buy” rating and a $39.00 target price on the stock. Bank of America assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Monday, November 25th. They issued a “buy” rating and a $40.00 price target for the company. Finally, Citigroup raised their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of $40.58.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

NYSE HASI opened at $31.11 on Monday. The company has a current ratio of 13.55, a quick ratio of 13.55 and a debt-to-equity ratio of 1.78. The business’s 50 day moving average is $32.28 and its two-hundred day moving average is $32.06. The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 17.48, a PEG ratio of 1.26 and a beta of 1.93. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $21.77 and a 12-month high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be issued a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 5.34%. The ex-dividend date of this dividend is Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 93.26%.

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.