Invesco Ltd. Has $19.27 Million Stock Holdings in Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI)

Invesco Ltd. raised its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) by 5.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 944,206 shares of the real estate investment trust’s stock after purchasing an additional 44,984 shares during the quarter. Invesco Ltd.’s holdings in Hannon Armstrong Sustnbl Infrstr Cap were worth $19,271,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Atticus Wealth Management LLC lifted its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 227.0% during the first quarter. Atticus Wealth Management LLC now owns 2,171 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 1,507 shares in the last quarter. HBC Financial Services PLLC acquired a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap during the fourth quarter worth $47,000. Banque Cantonale Vaudoise acquired a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap during the first quarter worth $54,000. Verus Capital Partners LLC acquired a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap during the fourth quarter worth $60,000. Finally, USA Financial Portformulas Corp lifted its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 122.2% during the first quarter. USA Financial Portformulas Corp now owns 5,825 shares of the real estate investment trust’s stock worth $119,000 after buying an additional 3,204 shares in the last quarter. 76.04% of the stock is owned by institutional investors and hedge funds.

A number of research firms have recently weighed in on HASI. Bank of America raised Hannon Armstrong Sustnbl Infrstr Cap from a “neutral” rating to a “buy” rating and set a $25.00 target price for the company in a report on Tuesday, March 24th. B. Riley initiated coverage on Hannon Armstrong Sustnbl Infrstr Cap in a research note on Friday, June 12th. They issued a “buy” rating and a $39.00 price target for the company. Oppenheimer reaffirmed a “buy” rating and issued a $42.00 price target on shares of Hannon Armstrong Sustnbl Infrstr Cap in a research note on Wednesday, June 24th. BTIG Research initiated coverage on Hannon Armstrong Sustnbl Infrstr Cap in a research note on Monday, June 15th. They issued a “buy” rating and a $40.00 price target for the company. Finally, Morgan Stanley dropped their price target on Hannon Armstrong Sustnbl Infrstr Cap from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Wednesday, June 17th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $36.25.

Hannon Armstrong Sustnbl Infrstr Cap stock opened at $28.19 on Wednesday. Hannon Armstrong Sustnbl Infrstr Cap Inc has a 12-month low of $15.01 and a 12-month high of $39.91. The company has a quick ratio of 26.82, a current ratio of 26.82 and a debt-to-equity ratio of 1.39. The business’s 50-day moving average price is $28.96 and its two-hundred day moving average price is $29.76. The stock has a market cap of $2.07 billion, a PE ratio of 21.68, a P/E/G ratio of 8.62 and a beta of 1.53.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, July 2nd will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 4.82%. The ex-dividend date is Wednesday, July 1st. Hannon Armstrong Sustnbl Infrstr Cap’s dividend payout ratio is presently 115.25%.

In other news, EVP J Brendan Herron sold 19,750 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $27.75, for a total transaction of $548,062.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Nathaniel Rose sold 10,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $29.03, for a total value of $290,300.00. Following the sale, the executive vice president now owns 216,922 shares in the company, valued at $6,297,245.66. The disclosure for this sale can be found here. Insiders own 3.40% of the company’s stock.

Hannon Armstrong Sustnbl Infrstr Cap Company 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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