Ardsley Advisory Partners lowered its stake in Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) by 10.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,002,500 shares of the real estate investment trust’s stock after selling 112,863 shares during the quarter. Hannon Armstrong Sustnbl Infrstr Cap makes up 2.9% of Ardsley Advisory Partners’ portfolio, making the stock its 7th biggest position. Ardsley Advisory Partners’ holdings in Hannon Armstrong Sustnbl Infrstr Cap were worth $24,130,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of HASI. State Street Corp grew its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 16.4% in the 2nd quarter. State Street Corp now owns 940,049 shares of the real estate investment trust’s stock worth $21,494,000 after buying an additional 132,368 shares during the last quarter. First Trust Advisors LP boosted its stake in Hannon Armstrong Sustnbl Infrstr Cap by 35.2% during the 3rd quarter. First Trust Advisors LP now owns 72,809 shares of the real estate investment trust’s stock valued at $1,774,000 after purchasing an additional 18,951 shares during the last quarter. Global X MANAGEMENT CO LLC boosted its stake in Hannon Armstrong Sustnbl Infrstr Cap by 19.2% during the 3rd quarter. Global X MANAGEMENT CO LLC now owns 32,210 shares of the real estate investment trust’s stock valued at $785,000 after purchasing an additional 5,187 shares during the last quarter. Sei Investments Co. boosted its stake in Hannon Armstrong Sustnbl Infrstr Cap by 3.0% during the 3rd quarter. Sei Investments Co. now owns 76,185 shares of the real estate investment trust’s stock valued at $1,857,000 after purchasing an additional 2,204 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in Hannon Armstrong Sustnbl Infrstr Cap by 14.3% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 82,743 shares of the real estate investment trust’s stock valued at $2,016,000 after purchasing an additional 10,373 shares during the last quarter. Institutional investors own 72.57% of the company’s stock.

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HASI has been the topic of several recent analyst reports. B. Riley set a $27.00 target price on Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research note on Thursday, December 28th. Roth Capital set a $28.00 target price on Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research note on Saturday, November 25th. Cowen set a $28.00 target price on Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research note on Thursday, February 22nd. Zacks Investment Research upgraded Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, Robert W. Baird reiterated an “outperform” rating and set a $26.00 target price (down from $30.00) on shares of Hannon Armstrong Sustnbl Infrstr Cap in a research note on Thursday, February 22nd. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Hannon Armstrong Sustnbl Infrstr Cap currently has a consensus rating of “Buy” and a consensus price target of $26.00.

Shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) opened at $18.46 on Monday. The company has a market capitalization of $984.80, a price-to-earnings ratio of 31.83, a price-to-earnings-growth ratio of 2.35 and a beta of 0.95. The company has a debt-to-equity ratio of 2.22, a quick ratio of 40.96 and a current ratio of 40.96. Hannon Armstrong Sustnbl Infrstr Cap Inc has a 52 week low of $17.33 and a 52 week high of $25.28.

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 12th. Stockholders of record on Wednesday, April 4th will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Tuesday, April 3rd. This represents a $1.32 annualized dividend and a dividend yield of 7.15%. Hannon Armstrong Sustnbl Infrstr Cap’s payout ratio is 227.59%.

In other news, insider Jeffrey Eckel purchased 15,000 shares of the stock in a transaction dated Friday, February 23rd. The shares were purchased at an average cost of $18.94 per share, with a total value of $284,100.00. Following the acquisition, the insider now directly owns 707,618 shares of the company’s stock, valued at $13,402,284.92. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.40% of the stock is owned by corporate insiders.

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About Hannon Armstrong Sustnbl Infrstr Cap

Hannon Armstrong Sustainable Infrastructure Capital, Inc makes debt and equity investments in sustainable infrastructure, including energy efficiency and renewable energy. The Company focuses on providing preferred or senior level capital to sponsors and obligors for assets that generate long-term, recurring and predictable cash flows.

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Institutional Ownership by Quarter for Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI)

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