Insight Folios Inc Acquires 1,122 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Insight Folios Inc increased its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 5.1% in the 1st quarter, Holdings Channel reports. The fund owned 23,078 shares of the real estate investment trust’s stock after buying an additional 1,122 shares during the quarter. Insight Folios Inc’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $655,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Global Retirement Partners LLC grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3,739.3% in the fourth quarter. Global Retirement Partners LLC now owns 1,075 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 1,047 shares during the last quarter. Westside Investment Management Inc. purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter valued at about $34,000. Scarborough Advisors LLC bought a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter valued at about $40,000. Addison Advisors LLC raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 56.7% in the fourth quarter. Addison Advisors LLC now owns 1,970 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 713 shares during the last quarter. Finally, ICA Group Wealth Management LLC bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter worth approximately $60,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of NYSE:HASI traded up $0.70 during trading on Thursday, hitting $29.00. The company’s stock had a trading volume of 537,792 shares, compared to its average volume of 1,025,686. The company has a debt-to-equity ratio of 1.87, a current ratio of 15.60 and a quick ratio of 15.61. The firm has a market cap of $3.31 billion, a price-to-earnings ratio of 14.08, a P/E/G ratio of 1.07 and a beta of 1.98. The company has a 50-day moving average of $30.44 and a 200-day moving average of $27.30. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12 month low of $13.22 and a 12 month high of $33.99.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 12th. Stockholders of record on Wednesday, July 3rd will be given a dividend of $0.415 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.72%. The ex-dividend date is Wednesday, July 3rd. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 80.58%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on HASI shares. StockNews.com upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a report on Wednesday, May 1st. Bank of America boosted their price target on Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Wednesday, March 13th. Oppenheimer reaffirmed an “outperform” rating and set a $48.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, May 16th. JPMorgan Chase & Co. boosted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $37.00 to $39.00 and gave the stock an “overweight” rating in a research report on Thursday, May 23rd. Finally, B. Riley raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Tuesday, June 25th. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.82.

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.