1,739 Shares in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Acquired by Plato Investment Management Ltd

Plato Investment Management Ltd purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) during the 1st quarter, HoldingsChannel reports. The firm purchased 1,739 shares of the real estate investment trust’s stock, valued at approximately $49,000.

Several other hedge funds have also made changes to their positions in HASI. Global Retirement Partners LLC raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 3,739.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,075 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 1,047 shares in the last quarter. Scarborough Advisors LLC bought a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter valued at $40,000. Addison Advisors LLC raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 56.7% during the 4th quarter. Addison Advisors LLC now owns 1,970 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 713 shares in the last quarter. ICA Group Wealth Management LLC bought a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter valued at $60,000. Finally, Segantii Capital Management Ltd bought a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter valued at $77,000. Institutional investors own 96.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on HASI shares. Mizuho boosted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. B. Riley raised Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research note on Tuesday, June 25th. Morgan Stanley boosted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the stock an “overweight” rating in a research note on Wednesday. Oppenheimer reissued an “outperform” rating and issued a $48.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, May 16th. Finally, TD Cowen lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $35.00 to $40.00 and gave the stock a “buy” rating in a report on Monday, May 13th. Three 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. Based on data from MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital has an average rating of “Moderate Buy” and a consensus price target of $35.64.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 2.0 %

HASI traded down $0.67 during trading on Thursday, reaching $32.10. 1,335,897 shares of the stock traded hands, compared to its average volume of 1,091,619. The stock has a market cap of $3.66 billion, a price-to-earnings ratio of 15.59, a price-to-earnings-growth ratio of 1.24 and a beta of 1.98. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $13.22 and a fifty-two week high of $34.00. 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 stock’s 50-day simple moving average is $31.40 and its two-hundred day simple moving average is $27.94.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 12th. Investors of record on Wednesday, July 3rd were given a dividend of $0.415 per share. The ex-dividend date was Wednesday, July 3rd. This represents a $1.66 dividend on an annualized basis and a yield of 5.17%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 80.58%.

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.