Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Get Rating) insider Jeffrey Eckel acquired 2,087 shares of the enterprise’s inventory in a transaction on Thursday, March sixteenth. The inventory was acquired at a median value of $23.92 per share, with a complete worth of $49,921.04. Following the transaction, the insider now owns 549,894 shares within the firm, valued at roughly $13,153,464.48. The transaction was disclosed in a doc filed with the SEC, which might be accessed via this hyperlink.
Hannon Armstrong Sustainable Infrastructure Capital Inventory Down 0.1 %
Shares of Hannon Armstrong Sustainable Infrastructure Capital stock opened at $23.88 on Friday. The corporate has a fast ratio of 18.57, a present ratio of 18.57 and a debt-to-equity ratio of 1.79. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12 month low of $21.56 and a 12 month excessive of $49.71. The enterprise has a fifty day easy shifting common of $32.92 and a 200 day easy shifting common of $31.70. The inventory has a market cap of $2.17 billion, a PE ratio of 51.91, a price-to-earnings-growth ratio of 1.33 and a beta of 1.67.
Hannon Armstrong Sustainable Infrastructure Capital Will increase Dividend
The enterprise additionally just lately disclosed a quarterly dividend, which shall be paid on Monday, April tenth. Traders of report on Monday, April third shall be paid a dividend of $0.395 per share. The ex-dividend date of this dividend is Friday, March thirty first. It is a increase from Hannon Armstrong Sustainable Infrastructure Capital’s earlier quarterly dividend of $0.38. This represents a $1.58 dividend on an annualized foundation and a dividend yield of 6.62%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 343.48%.
Institutional Inflows and Outflows
Numerous institutional traders and hedge funds have just lately added to or lowered their stakes within the enterprise. B. Riley Wealth Advisors Inc. grew its stake in Hannon Armstrong Sustainable Infrastructure Capital by 4.7% within the fourth quarter. B. Riley Wealth Advisors Inc. now owns 12,940 shares of the true property funding belief’s inventory valued at $379,000 after buying a further 581 shares in the course of the interval. Voya Funding Administration LLC grew its stake in Hannon Armstrong Sustainable Infrastructure Capital by 2.7% within the fourth quarter. Voya Funding Administration LLC now owns 247,421 shares of the true property funding belief’s inventory valued at $7,170,000 after buying a further 6,417 shares in the course of the interval. Lecturers Retirement System of The State of Kentucky grew its stake in Hannon Armstrong Sustainable Infrastructure Capital by 38.1% within the fourth quarter. Lecturers Retirement System of The State of Kentucky now owns 38,401 shares of the true property funding belief’s inventory valued at $1,113,000 after buying a further 10,588 shares in the course of the interval. Alliancebernstein L.P. grew its stake in Hannon Armstrong Sustainable Infrastructure Capital by 5.3% within the fourth quarter. Alliancebernstein L.P. now owns 117,977 shares of the true property funding belief’s inventory valued at $3,419,000 after buying a further 5,889 shares in the course of the interval. Lastly, Harbour Investments Inc. grew its stake in Hannon Armstrong Sustainable Infrastructure Capital by 34.3% within the fourth quarter. Harbour Investments Inc. now owns 2,232 shares of the true property funding belief’s inventory valued at $65,000 after buying a further 570 shares in the course of the interval. 82.81% of the inventory is owned by institutional traders and hedge funds.
Analysts Set New Value Targets
HASI has been the topic of a number of analysis studies. Morgan Stanley lowered their goal value on Hannon Armstrong Sustainable Infrastructure Capital from $58.00 to $37.00 and set an “equal weight” score for the corporate in a analysis word on Tuesday, January tenth. JPMorgan Chase & Co. lowered their goal value on Hannon Armstrong Sustainable Infrastructure Capital from $56.00 to $52.00 and set an “chubby” score for the corporate in a analysis word on Friday, February seventeenth. StockNews.com initiated protection on Hannon Armstrong Sustainable Infrastructure Capital in a analysis word on Thursday. They issued a “promote” score for the corporate. TheStreet lower Hannon Armstrong Sustainable Infrastructure Capital from a “b-” score to a “c” score in a analysis word on Thursday, February sixteenth. Lastly, Cowen lowered their goal value on Hannon Armstrong Sustainable Infrastructure Capital from $44.00 to $41.00 and set an “outperform” score for the corporate in a analysis word on Thursday, February twenty third. One analysis analyst has rated the inventory with a promote score, two have issued a maintain score and 4 have assigned a purchase score to the corporate’s inventory. Based mostly on information from MarketBeat.com, the inventory has a consensus score of “Maintain” and a median goal value of $43.71.
About Hannon Armstrong Sustainable Infrastructure Capital
Hannon Armstrong Sustainable Infrastructure Capital, Inc engages within the enterprise of investing in local weather options and the supply of capital to belongings developed by corporations in vitality effectivity, renewable vitality, and different sustainable infrastructure markets. It focuses on producing engaging returns from a diversified portfolio of mission firm investments with long-term, predictable money flows from confirmed applied sciences that cut back carbon emissions or improve resilience to local weather change.
Additional Studying
Obtain Information & Scores for Hannon Armstrong Sustainable Infrastructure Capital Every day – Enter your e-mail tackle under to obtain a concise day by day abstract of the newest information and analysts’ scores for Hannon Armstrong Sustainable Infrastructure Capital and associated corporations with MarketBeat.com’s FREE day by day e-mail e-newsletter.
