Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) CFO Marc T. Pangburn Purchases 3,500 Shares

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) CFO Marc T. Pangburn bought 3,500 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was acquired at an average cost of $28.71 per share, for a total transaction of $100,485.00. Following the completion of the acquisition, the chief financial officer now directly owns 56,791 shares in the company, valued at approximately $1,630,469.61. This trade represents a 6.57 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Hannon Armstrong Sustainable Infrastructure Capital stock opened at $27.54 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.77 and a 52 week high of $36.56. The company has a quick ratio of 13.27, a current ratio of 13.55 and a debt-to-equity ratio of 1.78. The firm’s 50-day simple moving average is $33.77 and its 200 day simple moving average is $32.02. The firm has a market capitalization of $3.27 billion, a PE ratio of 15.47, a P/E/G ratio of 1.02 and a beta of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be given a $0.415 dividend. The ex-dividend date is Monday, December 30th. This represents a $1.66 annualized dividend and a dividend yield of 6.03%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is presently 93.26%.

Institutional Investors Weigh In On Hannon Armstrong Sustainable Infrastructure Capital

Institutional investors and hedge funds have recently made changes to their positions in the business. Macroview Investment Management LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter worth about $31,000. Plato Investment Management Ltd acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 1st quarter valued at about $49,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter valued at about $60,000. Point72 Hong Kong Ltd acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at about $69,000. Finally, Covestor Ltd raised its stake in 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 valued at $77,000 after purchasing an additional 530 shares during the last quarter. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Baird R W raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Friday, September 27th. Royal Bank of Canada started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Tuesday, September 3rd. They issued an “outperform” rating and a $41.00 price objective on the stock. The Goldman Sachs Group lifted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday. Finally, Mizuho lifted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and a consensus price target of $39.83.

About Hannon Armstrong Sustainable Infrastructure Capital

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.