Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by Nicola Wealth Management LTD.

Nicola Wealth Management LTD. cut its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 34.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 115,000 shares of the real estate investment trust's stock after selling 60,000 shares during the quarter. Nicola Wealth Management LTD. owned about 0.10% of Hannon Armstrong Sustainable Infrastructure Capital worth $3,172,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HASI. Manchester Capital Management LLC grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 706.6% in the third quarter. Manchester Capital Management LLC now owns 1,226 shares of the real estate investment trust's stock valued at $26,000 after buying an additional 1,074 shares in the last quarter. Global Retirement Partners LLC grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3,739.3% in the fourth quarter. Global Retirement Partners LLC now owns 1,075 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 1,047 shares in the last quarter. Westside Investment Management Inc. acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at about $34,000. Addison Advisors LLC grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 56.7% in the fourth quarter. Addison Advisors LLC now owns 1,970 shares of the real estate investment trust's stock valued at $54,000 after buying an additional 713 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 32.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,306 shares of the real estate investment trust's stock valued at $70,000 after buying an additional 805 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on HASI. TheStreet upgraded Hannon Armstrong Sustainable Infrastructure Capital from a "d+" rating to a "c" rating in a research note on Thursday, February 15th. B. Riley raised their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $41.00 to $44.00 and gave the company a "buy" rating in a research note on Monday, April 22nd. Oppenheimer restated an "outperform" rating and set a $48.00 price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday. StockNews.com upgraded Hannon Armstrong Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a research note on Wednesday, May 1st. Finally, TD Cowen raised their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $35.00 to $40.00 and gave the company a "buy" rating in a research note on Monday. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $34.36.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

NYSE:HASI traded up $0.01 during trading hours on Friday, reaching $31.88. 761,568 shares of the stock were exchanged, compared to its average volume of 1,045,932. The company has a quick ratio of 15.61, a current ratio of 15.60 and a debt-to-equity ratio of 1.87. The firm has a 50 day simple moving average of $27.01 and a 200-day simple moving average of $25.39. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52 week low of $13.22 and a 52 week high of $32.90. The stock has a market capitalization of $3.64 billion, a P/E ratio of 15.48, a P/E/G ratio of 1.22 and a beta of 1.88.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Wednesday, July 3rd will be issued a dividend of $0.415 per share. This represents a $1.66 dividend on an annualized basis and a yield of 5.21%. The ex-dividend date of this dividend is Wednesday, July 3rd. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio is presently 80.58%.

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.

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