Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) CFO Sells $265,069.48 in Stock

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) CFO J Brendan Herron sold 11,063 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $23.96, for a total transaction of $265,069.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) traded up $0.24 during trading hours on Friday, hitting $23.95. The stock had a trading volume of 887,944 shares, compared to its average volume of 230,151. The company has a quick ratio of 2.74, a current ratio of 2.74 and a debt-to-equity ratio of 2.13. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $18.02 and a 1-year high of $25.28. The stock has a market cap of $1,258.22, a PE ratio of 21.75, a P/E/G ratio of 1.77 and a beta of 0.93.

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 11th. Stockholders of record on Tuesday, December 26th will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.51%. The ex-dividend date of this dividend is Friday, December 22nd. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is currently 220.00%.

A number of equities research analysts recently issued reports on the stock. BidaskClub lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. Cowen set a $28.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital and gave the stock a “buy” rating in a research report on Monday, August 28th. Roth Capital set a $28.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital and gave the stock a “buy” rating in a research report on Saturday, November 25th. Oppenheimer increased their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $26.00 to $28.00 and gave the company an “outperform” rating in a research note on Thursday, November 2nd. Finally, Zacks Investment Research lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $25.88.

Several large investors have recently modified their holdings of HASI. Advisor Group Inc. lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 8.5% during the 2nd quarter. Advisor Group Inc. now owns 4,444 shares of the real estate investment trust’s stock worth $101,000 after acquiring an additional 350 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 2,784.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,336 shares of the real estate investment trust’s stock worth $122,000 after acquiring an additional 5,151 shares in the last quarter. US Bancorp DE lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 7.4% during the 2nd quarter. US Bancorp DE now owns 5,798 shares of the real estate investment trust’s stock worth $133,000 after acquiring an additional 400 shares in the last quarter. Creative Planning lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 83.0% during the 2nd quarter. Creative Planning now owns 6,496 shares of the real estate investment trust’s stock worth $149,000 after acquiring an additional 2,946 shares in the last quarter. Finally, Chicago Partners Investment Group LLC acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth approximately $191,000. Institutional investors and hedge funds own 71.63% of the company’s stock.

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About Hannon Armstrong Sustainable Infrastructure Capital

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.

Insider Buying and Selling by Quarter for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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