Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 11.4% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 134,026 shares of the real estate investment trust’s stock after acquiring an additional 13,689 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $4,620,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the stock. Lazard Asset Management LLC acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 1st quarter worth approximately $254,000. Price T Rowe Associates Inc. MD lifted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 1.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 120,091 shares of the real estate investment trust’s stock worth $3,412,000 after purchasing an additional 1,815 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 66.6% in the 1st quarter. Janus Henderson Group PLC now owns 84,773 shares of the real estate investment trust’s stock valued at $2,407,000 after purchasing an additional 33,904 shares in the last quarter. Tidal Investments LLC increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 48.0% in the 1st quarter. Tidal Investments LLC now owns 81,728 shares of the real estate investment trust’s stock valued at $2,321,000 after purchasing an additional 26,508 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.1% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 158,432 shares of the real estate investment trust’s stock worth $4,381,000 after buying an additional 7,718 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital
In other Hannon Armstrong Sustainable Infrastructure Capital news, CFO Marc T. Pangburn purchased 3,500 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was purchased at an average cost of $28.71 per share, for a total transaction of $100,485.00. Following the acquisition, the chief financial officer now owns 56,791 shares in the company, valued at approximately $1,630,469.61. The trade was a 6.57 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.00% of the company’s stock.
Hannon Armstrong Sustainable Infrastructure Capital Trading Up 0.4 %
Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be issued a dividend of $0.415 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.66 annualized dividend and a yield of 5.29%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 93.26%.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the company. Bank of America began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Monday, November 25th. They issued a “buy” rating and a $40.00 target price on the stock. StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Monday, November 11th. Jefferies Financial Group began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Wednesday, September 4th. They issued a “buy” rating and a $39.00 price objective for the company. Citigroup boosted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Finally, Royal Bank of Canada began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, September 3rd. They issued an “outperform” rating and a $41.00 price target for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $40.58.
View Our Latest Stock Report on HASI
Hannon Armstrong Sustainable Infrastructure Capital 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.
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