Alps Advisors Inc. Purchases 28,045 Shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI)

Alps Advisors Inc. lifted its position in Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) by 28.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 127,343 shares of the real estate investment trust’s stock after buying an additional 28,045 shares during the quarter. Alps Advisors Inc. owned about 0.19% of Hannon Armstrong Sustnbl Infrstr Cap worth $3,712,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Point72 Asset Management L.P. acquired a new stake in Hannon Armstrong Sustnbl Infrstr Cap in the 2nd quarter worth approximately $28,000. Financial Advantage Inc. acquired a new position in shares of Hannon Armstrong Sustnbl Infrstr Cap during the third quarter worth approximately $36,000. Quest Capital Management Inc. ADV acquired a new position in shares of Hannon Armstrong Sustnbl Infrstr Cap during the third quarter worth approximately $81,000. Versant Capital Management Inc lifted its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 4,566.7% during the second quarter. Versant Capital Management Inc now owns 2,800 shares of the real estate investment trust’s stock worth $78,000 after buying an additional 2,740 shares during the last quarter. Finally, Glassman Wealth Services lifted its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 210.2% during the second quarter. Glassman Wealth Services now owns 3,502 shares of the real estate investment trust’s stock worth $99,000 after buying an additional 2,373 shares during the last quarter. Hedge funds and other institutional investors own 73.00% of the company’s stock.

Shares of HASI stock opened at $29.25 on Friday. Hannon Armstrong Sustnbl Infrstr Cap Inc has a 12 month low of $18.83 and a 12 month high of $31.22. The firm has a market cap of $1.94 billion, a PE ratio of 24.58, a price-to-earnings-growth ratio of 9.11 and a beta of 1.02. The stock has a 50 day moving average of $29.10 and a 200-day moving average of $27.75. The company has a quick ratio of 23.23, a current ratio of 29.13 and a debt-to-equity ratio of 1.54.

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 3rd were issued a dividend of $0.335 per share. The ex-dividend date of this dividend was Wednesday, October 2nd. This represents a $1.34 dividend on an annualized basis and a dividend yield of 4.58%. Hannon Armstrong Sustnbl Infrstr Cap’s dividend payout ratio (DPR) is presently 112.61%.

A number of research analysts have recently commented on the company. ValuEngine lowered Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Zacks Investment Research upgraded Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating and set a $33.00 price target for the company in a report on Thursday. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Hannon Armstrong Sustnbl Infrstr Cap has an average rating of “Buy” and an average target price of $28.50.

In other news, EVP Steven Chuslo sold 11,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $27.27, for a total transaction of $299,970.00. Following the completion of the transaction, the executive vice president now directly owns 303,404 shares in the company, valued at $8,273,827.08. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 3.60% of the stock is owned by insiders.

Hannon Armstrong Sustnbl Infrstr Cap Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include energy efficiency projects that reduce a building's or facility's energy usage or cost through the use of solar generation, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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Institutional Ownership by Quarter for Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI)

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