Wells Fargo & Company MN Has $7.65 Million Holdings in Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI)

Wells Fargo & Company MN lessened its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) by 15.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 313,942 shares of the real estate investment trust’s stock after selling 58,537 shares during the quarter. Wells Fargo & Company MN owned about 0.59% of Hannon Armstrong Sustnbl Infrstr Cap worth $7,651,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in HASI. Delta Lloyd Asset Management N.V. bought a new position in Hannon Armstrong Sustnbl Infrstr Cap in the 2nd quarter valued at about $4,574,000. Nwam LLC lifted its position in shares of Hannon Armstrong Sustnbl Infrstr Cap by 57.2% during the 3rd quarter. Nwam LLC now owns 15,658 shares of the real estate investment trust’s stock worth $382,000 after buying an additional 5,699 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of Hannon Armstrong Sustnbl Infrstr Cap by 5.0% during the 2nd quarter. California Public Employees Retirement System now owns 94,500 shares of the real estate investment trust’s stock worth $2,161,000 after buying an additional 4,500 shares in the last quarter. UBS Asset Management Americas Inc. bought a new position in shares of Hannon Armstrong Sustnbl Infrstr Cap during the 2nd quarter worth approximately $288,000. Finally, Advantus Capital Management Inc bought a new position in shares of Hannon Armstrong Sustnbl Infrstr Cap during the 3rd quarter worth approximately $1,679,000. 71.23% of the stock is currently owned by institutional investors.

In related news, CFO J Brendan Herron sold 11,063 shares of Hannon Armstrong Sustnbl Infrstr Cap stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $23.96, for a total value of $265,069.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Daniel K. Mcmahon sold 5,000 shares of Hannon Armstrong Sustnbl Infrstr Cap stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $23.51, for a total transaction of $117,550.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,063 shares of company stock valued at $571,259. 5.40% of the stock is currently owned by company insiders.

Several research firms have commented on HASI. Zacks Investment Research raised shares of Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. B. Riley set a $27.00 target price on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a research report on Thursday, December 28th. Roth Capital set a $28.00 target price on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a research report on Saturday, November 25th. Oppenheimer lifted their target price on shares of Hannon Armstrong Sustnbl Infrstr Cap from $26.00 to $28.00 and gave the stock an “outperform” rating in a research report on Thursday, November 2nd. Finally, BidaskClub cut shares of Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock presently 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 $22.45 on Friday. The company has a debt-to-equity ratio of 2.13, a quick ratio of 2.74 and a current ratio of 2.74. Hannon Armstrong Sustnbl Infrstr Cap Inc has a one year low of $18.02 and a one year high of $25.28. The stock has a market cap of $1,190.00, a P/E ratio of 36.80, a PEG ratio of 1.58 and a beta of 0.93.

The business also recently declared a quarterly dividend, which was paid on Thursday, January 11th. Stockholders of record on Tuesday, December 26th were paid a dividend of $0.33 per share. The ex-dividend date was Friday, December 22nd. This represents a $1.32 annualized dividend and a dividend yield of 5.88%. Hannon Armstrong Sustnbl Infrstr Cap’s payout ratio is currently 216.39%.

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Hannon Armstrong Sustnbl Infrstr Cap 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 Sustnbl Infrstr Cap (NYSE:HASI)

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