Virtu Financial LLC Sells 2,525 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Virtu Financial LLC lowered its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 19.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 10,533 shares of the real estate investment trust’s stock after selling 2,525 shares during the quarter. Virtu Financial LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $363,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Macroview Investment Management LLC purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital during the second quarter valued at approximately $31,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter valued at $60,000. Covestor Ltd raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 31.1% in the 3rd quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust’s stock worth $77,000 after acquiring an additional 530 shares in the last quarter. Point72 Hong Kong Ltd purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth $69,000. Finally, Addison Advisors LLC lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 28.1% during the 2nd quarter. Addison Advisors LLC now owns 2,642 shares of the real estate investment trust’s stock worth $78,000 after purchasing an additional 580 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Shares of NYSE HASI opened at $28.72 on Tuesday. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.55 and a current ratio of 13.55. The firm has a fifty day moving average of $31.80 and a 200 day moving average of $31.95. The firm has a market cap of $3.40 billion, a PE ratio of 16.13, a PEG ratio of 1.24 and a beta of 1.93. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $21.77 and a one year high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Monday, December 30th will be paid a dividend of $0.415 per share. The ex-dividend date is Monday, December 30th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.78%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is currently 93.26%.

Insider Buying and Selling

In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn purchased 3,500 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were purchased at an average cost of $28.71 per share, with a total value of $100,485.00. Following the completion of the purchase, 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 acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HASI. Jefferies Financial Group began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Wednesday, September 4th. They issued a “buy” rating and a $39.00 target price for the company. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. Robert W. Baird raised their target price on shares of 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. Baird R W upgraded Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Friday, September 27th. Finally, Bank of America began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They set a “buy” rating and a $40.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target 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.