Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI) Shares Obtained by Xact Kapitalforvaltning AB

Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI) Shares Obtained by Xact Kapitalforvaltning AB

Xact Kapitalforvaltning AB lifted its stake in Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) by 27.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,488 shares of the real estate investment trust’s stock after purchasing an additional 3,600 shares during the period. Xact Kapitalforvaltning AB’s holdings in Hannon Armstrong Sustnbl Infrstr Cap were worth $354,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of HASI. Principal Financial Group Inc. boosted its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 10.2% in the 1st quarter. Principal Financial Group Inc. now owns 39,007 shares of the real estate investment trust’s stock worth $761,000 after acquiring an additional 3,626 shares in the last quarter. Royal Bank of Canada raised its position in Hannon Armstrong Sustnbl Infrstr Cap by 8.5% in the 1st quarter. Royal Bank of Canada now owns 125,851 shares of the real estate investment trust’s stock worth $2,454,000 after purchasing an additional 9,892 shares during the last quarter. Smithfield Trust Co. bought a new position in Hannon Armstrong Sustnbl Infrstr Cap in the 2nd quarter worth approximately $110,000. Clean Yield Group raised its position in Hannon Armstrong Sustnbl Infrstr Cap by 3.6% in the 2nd quarter. Clean Yield Group now owns 205,771 shares of the real estate investment trust’s stock worth $4,063,000 after purchasing an additional 7,140 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in Hannon Armstrong Sustnbl Infrstr Cap by 4.9% in the 2nd quarter. Janney Montgomery Scott LLC now owns 81,576 shares of the real estate investment trust’s stock worth $1,611,000 after purchasing an additional 3,783 shares during the last quarter. 68.13% of the stock is owned by hedge funds and other institutional investors.

Several research firms recently weighed in on HASI. Zacks Investment Research upgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Thursday. B. Riley set a $26.00 price objective on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a research report on Friday, August 3rd. Morgan Stanley boosted their price objective on shares of Hannon Armstrong Sustnbl Infrstr Cap from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 11th. ValuEngine upgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating in a research report on Saturday, September 1st. Finally, TheStreet upgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “c” rating to a “b” rating in a research report on Wednesday, October 31st. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $25.00.

HASI stock opened at $23.00 on Thursday. The company has a debt-to-equity ratio of 2.37, a current ratio of 33.99 and a quick ratio of 41.26. Hannon Armstrong Sustnbl Infrstr Cap Inc has a fifty-two week low of $17.33 and a fifty-two week high of $24.57. The company has a market capitalization of $1.23 billion, a P/E ratio of 20.31, a P/E/G ratio of 3.14 and a beta of 0.86.

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 11th. Shareholders of record on Wednesday, October 3rd were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 5.74%. The ex-dividend date of this dividend was Tuesday, October 2nd. Hannon Armstrong Sustnbl Infrstr Cap’s payout ratio is 125.71%.

In other Hannon Armstrong Sustnbl Infrstr Cap news, EVP Daniel K. Mcmahon sold 6,000 shares of the company’s stock in a transaction on Tuesday, August 14th. The shares were sold at an average price of $20.45, for a total transaction of $122,700.00. Following the completion of the sale, the executive vice president now owns 307,571 shares in the company, valued at approximately $6,289,826.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 5.30% of the company’s stock.

Hannon Armstrong Sustnbl Infrstr Cap Company Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include energy efficiency projects that reduce a building's or facility's energy usage or cost through enhancing or installing various building components, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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