BlackRock Inc. Has $107.41 Million Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI)

BlackRock Inc. raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 7.3% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 4,696,471 shares of the real estate investment trust’s stock after purchasing an additional 319,171 shares during the period. BlackRock Inc. owned approximately 8.85% of Hannon Armstrong Sustainable Infrastructure Capital worth $107,408,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in HASI. Bard Associates Inc. lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 0.8% during the 2nd quarter. Bard Associates Inc. now owns 19,200 shares of the real estate investment trust’s stock worth $439,000 after buying an additional 150 shares in the last quarter. US Bancorp DE lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 8.0% during the 1st quarter. US Bancorp DE now owns 5,398 shares of the real estate investment trust’s stock worth $108,000 after buying an additional 400 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 11.4% during the 2nd quarter. Legal & General Group Plc now owns 11,720 shares of the real estate investment trust’s stock worth $268,000 after buying an additional 1,196 shares in the last quarter. Nationwide Fund Advisors lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.3% during the 2nd quarter. Nationwide Fund Advisors now owns 27,708 shares of the real estate investment trust’s stock worth $634,000 after buying an additional 1,397 shares in the last quarter. Finally, Dubuque Bank & Trust Co. raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 9.0% in the 2nd quarter. Dubuque Bank & Trust Co. now owns 20,156 shares of the real estate investment trust’s stock worth $461,000 after purchasing an additional 1,667 shares during the period. Institutional investors and hedge funds own 73.13% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) opened at 24.45 on Friday. The company has a 50-day moving average of $24.16 and a 200 day moving average of $23.08. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 44.29 and a beta of 0.96. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12 month low of $18.02 and a 12 month high of $25.28.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Thursday, October 5th were given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 5.40%. The ex-dividend date of this dividend was Wednesday, October 4th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is presently 244.44%.

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In other news, EVP Daniel K. Mcmahon sold 5,000 shares of the stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $24.11, for a total value of $120,550.00. Following the completion of the sale, the executive vice president now directly owns 263,167 shares in the company, valued at $6,344,956.37. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Nathaniel Rose sold 6,000 shares of the stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $23.85, for a total transaction of $143,100.00. Following the completion of the sale, the executive vice president now owns 297,506 shares of the company’s stock, valued at $7,095,518.10. The disclosure for this sale can be found here. Corporate insiders own 5.40% of the company’s stock.

A number of equities research analysts recently commented on the stock. BidaskClub cut shares of Hannon Armstrong Sustainable Infrastructure Capital from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Cowen and Company reiterated a “buy” rating and issued a $28.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, September 28th. Zacks Investment Research upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research note on Wednesday, August 9th. FBR & Co reiterated a “buy” rating and issued a $26.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Friday, June 30th. Finally, Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, August 8th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Hannon Armstrong Sustainable Infrastructure Capital currently has a consensus rating of “Buy” and an average price target of $25.25.

Hannon Armstrong Sustainable Infrastructure Capital Profile

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.

Institutional Ownership by Quarter for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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