Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)‘s stock had its “equal weight” rating reiterated by research analysts at Morgan Stanley in a note issued to investors on Tuesday.

A number of other research analysts have also weighed in on the stock. 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. BidaskClub lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 30th. Cowen and Company reiterated an “outperform” rating and issued a $28.00 price objective (up from $25.00) on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, June 22nd. Zacks Investment Research lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Finally, Roth Capital set a $25.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital and gave the company a “buy” rating in a research note on Tuesday, May 2nd. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $25.38.

Shares of Hannon Armstrong Sustainable Infrastructure Capital (NYSE HASI) opened at 22.60 on Tuesday. Hannon Armstrong Sustainable Infrastructure Capital has a one year low of $18.02 and a one year high of $25.21. The stock’s 50 day moving average price is $22.77 and its 200-day moving average price is $20.53. The company has a market cap of $1.14 billion, a PE ratio of 57.51 and a beta of 0.95.

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 13th. Shareholders of record on Thursday, July 6th will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 5.84%. The ex-dividend date of this dividend is Monday, July 3rd. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 330.00%.

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In other Hannon Armstrong Sustainable Infrastructure Capital news, EVP Daniel K. Mcmahon sold 5,000 shares of the firm’s stock in a transaction on Monday, May 15th. The shares were sold at an average price of $22.22, for a total value of $111,100.00. Following the completion of the transaction, the executive vice president now directly owns 268,167 shares of the company’s stock, valued at approximately $5,958,670.74. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Nathaniel Rose sold 6,000 shares of the firm’s stock in a transaction on Monday, May 15th. The shares were sold at an average price of $22.39, for a total transaction of $134,340.00. Following the completion of the transaction, the chief operating officer now directly owns 303,506 shares of the company’s stock, valued at $6,795,499.34. The disclosure for this sale can be found here. 7.20% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in HASI. US Bancorp DE increased its stake in Hannon Armstrong Sustainable Infrastructure Capital by 8.0% in the first 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. Metropolitan Life Insurance Co. NY increased its stake in Hannon Armstrong Sustainable Infrastructure Capital by 2.0% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 30,826 shares of the real estate investment trust’s stock worth $585,000 after buying an additional 600 shares in the last quarter. Strs Ohio increased its stake in Hannon Armstrong Sustainable Infrastructure Capital by 4.4% in the first quarter. Strs Ohio now owns 14,200 shares of the real estate investment trust’s stock worth $286,000 after buying an additional 600 shares in the last quarter. Everett Harris & Co. CA increased its stake in Hannon Armstrong Sustainable Infrastructure Capital by 9.9% in the first quarter. Everett Harris & Co. CA now owns 16,600 shares of the real estate investment trust’s stock worth $335,000 after buying an additional 1,500 shares in the last quarter. Finally, Global X Management Co. LLC increased its stake in Hannon Armstrong Sustainable Infrastructure Capital by 10.2% in the first quarter. Global X Management Co. LLC now owns 18,531 shares of the real estate investment trust’s stock worth $374,000 after buying an additional 1,717 shares in the last quarter. 70.69% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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