55,600 Shares in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 55,600 shares of the real estate investment trust's stock, valued at approximately $1,533,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HASI. Vanguard Group Inc. raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 18.4% in the 3rd quarter. Vanguard Group Inc. now owns 11,904,638 shares of the real estate investment trust's stock valued at $252,378,000 after purchasing an additional 1,847,577 shares during the last quarter. BlackRock Inc. raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 22.5% in the 2nd quarter. BlackRock Inc. now owns 8,702,176 shares of the real estate investment trust's stock valued at $217,554,000 after purchasing an additional 1,599,641 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 14.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,856,866 shares of the real estate investment trust's stock valued at $111,772,000 after purchasing an additional 498,044 shares during the last quarter. Amundi raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 58.8% in the 4th quarter. Amundi now owns 2,898,675 shares of the real estate investment trust's stock valued at $85,859,000 after purchasing an additional 1,073,727 shares during the last quarter. Finally, State Street Corp raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 16.2% in the 2nd quarter. State Street Corp now owns 2,162,923 shares of the real estate investment trust's stock valued at $54,073,000 after purchasing an additional 300,785 shares during the last quarter. Institutional investors own 96.14% of the company's stock.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 2.5 %

Shares of Hannon Armstrong Sustainable Infrastructure Capital stock traded up $0.61 during trading on Friday, reaching $24.95. 839,218 shares of the company were exchanged, compared to its average volume of 783,551. The company has a quick ratio of 19.42, a current ratio of 19.42 and a debt-to-equity ratio of 1.98. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $13.22 and a twelve month high of $29.88. The business has a 50-day moving average price of $25.89 and a 200-day moving average price of $23.93. The firm has a market capitalization of $2.84 billion, a price-to-earnings ratio of 18.62, a P/E/G ratio of 0.95 and a beta of 1.88.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Friday, April 5th were paid a dividend of $0.415 per share. The ex-dividend date of this dividend was Thursday, April 4th. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital's previous quarterly dividend of $0.40. This represents a $1.66 dividend on an annualized basis and a dividend yield of 6.65%. Hannon Armstrong Sustainable Infrastructure Capital's payout ratio is 123.88%.

Analyst Ratings Changes

HASI has been the subject of several research analyst reports. StockNews.com downgraded Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research report on Wednesday, March 20th. Bank of America lifted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a "buy" rating in a research report on Wednesday, March 13th. TheStreet raised Hannon Armstrong Sustainable Infrastructure Capital from a "d+" rating to a "c" rating in a research note on Thursday, February 15th. B. Riley lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $41.00 and gave the company a "buy" rating in a research note on Monday, February 5th. Finally, Mizuho lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $31.00 and gave the company a "buy" rating in a research note on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $31.89.

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.