Mutual of America Capital Management LLC Has $604,000 Stock Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Mutual of America Capital Management LLC cut its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 6.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,515 shares of the real estate investment trust’s stock after selling 1,177 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $604,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Macroview Investment Management LLC bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the second quarter valued at approximately $31,000. Plato Investment Management Ltd bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the first quarter valued at about $49,000. Point72 Hong Kong Ltd bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter valued at approximately $69,000. Covestor Ltd grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 31.1% during the third quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust’s stock valued at $77,000 after purchasing an additional 530 shares during the period. Finally, Addison Advisors LLC increased its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 28.1% in the 2nd quarter. Addison Advisors LLC now owns 2,642 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 580 shares during the last quarter. Institutional investors own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of Hannon Armstrong Sustainable Infrastructure Capital stock opened at $30.33 on Wednesday. The firm’s 50 day moving average is $32.93 and its two-hundred day moving average is $32.13. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.77 and a 52 week 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 $3.59 billion, a P/E ratio of 17.04, a P/E/G ratio of 1.09 and a beta of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be issued a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 5.47%. The ex-dividend date of this dividend is Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 93.26%.

Analyst Upgrades and Downgrades

HASI has been the subject of several recent research reports. Jefferies Financial Group assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Wednesday, September 4th. They issued a “buy” rating and a $39.00 price target for the company. Robert W. Baird raised their price target on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an “outperform” rating in a research report on Friday, September 27th. Morgan Stanley upped their target price on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st. The Goldman Sachs Group lifted their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Finally, Baird R W raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research note on Friday, September 27th. One analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $40.58.

Insider Activity at Hannon Armstrong Sustainable Infrastructure Capital

In related news, CFO Marc T. Pangburn purchased 3,500 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was purchased at an average price of $28.71 per share, with a total value of $100,485.00. Following the completion of the transaction, the chief financial officer now owns 56,791 shares of the company’s stock, valued at approximately $1,630,469.61. This trade represents a 6.57 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.00% of the company’s stock.

About Hannon Armstrong Sustainable Infrastructure Capital

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.