Robeco Institutional Asset Management B.V. Sells 1,163 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Robeco Institutional Asset Management B.V. reduced its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 1.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 103,451 shares of the real estate investment trust’s stock after selling 1,163 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $2,776,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 42.1% in the third quarter. JPMorgan Chase & Co. now owns 300,587 shares of the real estate investment trust’s stock worth $10,361,000 after purchasing an additional 89,126 shares during the period. Pallas Capital Advisors LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at approximately $2,451,000. Harbor Capital Advisors Inc. grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 42.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 71,995 shares of the real estate investment trust’s stock valued at $1,932,000 after buying an additional 21,446 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 16.2% during the third quarter. Oppenheimer & Co. Inc. now owns 197,921 shares of the real estate investment trust’s stock valued at $6,822,000 after buying an additional 27,529 shares during the last quarter. Finally, Creative Planning purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter valued at approximately $548,000. 96.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

HASI has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating on the stock in a report on Thursday, January 23rd. StockNews.com cut shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Monday, November 11th. Bank of America started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They set a “buy” rating and a $40.00 price target on the stock. Citigroup upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 target price on the stock in a report on Wednesday, January 8th. Finally, The Goldman Sachs Group dropped their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $40.25.

Insiders Place Their Bets

In other news, CFO Marc T. Pangburn acquired 3,500 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were purchased at an average cost of $28.71 per share, for a total transaction of $100,485.00. Following the transaction, the chief financial officer now directly 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 ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 2.00% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 1.6 %

HASI opened at $27.56 on Tuesday. The company has a current ratio of 13.55, a quick ratio of 13.55 and a debt-to-equity ratio of 1.78. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $22.59 and a 1-year high of $36.56. The company has a market capitalization of $3.26 billion, a PE ratio of 15.48, a PEG ratio of 1.05 and a beta of 1.95. The firm’s 50 day simple moving average is $28.41 and its two-hundred day simple moving average is $31.10.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were given a $0.415 dividend. The ex-dividend date was Monday, December 30th. This represents a $1.66 annualized dividend and a yield of 6.02%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is presently 93.26%.

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.