Border to Coast Pensions Partnership Ltd Has $11.93 Million Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Border to Coast Pensions Partnership Ltd boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 11.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 445,000 shares of the real estate investment trust’s stock after acquiring an additional 45,000 shares during the period. Border to Coast Pensions Partnership Ltd’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $11,931,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in HASI. Victory Capital Management Inc. lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 2.8% in the 2nd quarter. Victory Capital Management Inc. now owns 23,468 shares of the real estate investment trust’s stock valued at $695,000 after acquiring an additional 642 shares in the last quarter. Choreo LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the second quarter worth approximately $214,000. Envestnet Asset Management Inc. lifted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.0% in the second quarter. Envestnet Asset Management Inc. now owns 237,938 shares of the real estate investment trust’s stock valued at $7,043,000 after purchasing an additional 9,051 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 81.3% during the second quarter. Dimensional Fund Advisors LP now owns 83,561 shares of the real estate investment trust’s stock valued at $2,473,000 after buying an additional 37,465 shares during the last quarter. Finally, Hsbc Holdings PLC grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 4.3% during the second quarter. Hsbc Holdings PLC now owns 57,969 shares of the real estate investment trust’s stock worth $1,714,000 after buying an additional 2,387 shares in the last quarter. 96.14% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Marc T. Pangburn purchased 3,500 shares of the business’s stock in a transaction on Monday, November 11th. The shares were acquired at an average price of $28.71 per share, with a total value of $100,485.00. Following the acquisition, the chief financial officer now directly owns 56,791 shares in the company, valued at approximately $1,630,469.61. The trade was a 6.57 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

HASI has been the topic of several recent analyst reports. Bank of America assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They set a “buy” rating and a $40.00 price objective on the stock. Baird R W upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Friday, September 27th. Robert W. Baird lifted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an “outperform” rating in a research report on Friday, September 27th. StockNews.com downgraded Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. Finally, The Goldman Sachs Group decreased their price target on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating for the company in a research report on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital currently has a consensus rating of “Moderate Buy” and an average target price of $40.50.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Shares of NYSE:HASI opened at $28.19 on Friday. The company has a 50-day moving average price of $28.53 and a two-hundred day moving average price of $31.31. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $21.77 and a twelve month high of $36.56. The company has a quick ratio of 13.55, a current ratio of 13.55 and a debt-to-equity ratio of 1.78. The firm has a market capitalization of $3.34 billion, a PE ratio of 15.83, a P/E/G ratio of 1.00 and a beta of 1.94.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Monday, December 30th were given a $0.415 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.89%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 93.26%.

Hannon Armstrong Sustainable Infrastructure Capital Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment in energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.