Taylor Wealth Management Partners Has $3.50 Million Stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI)

Taylor Wealth Management Partners reduced its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 2.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 152,865 shares of the real estate investment trust’s stock after selling 4,550 shares during the period. Hannon Armstrong Sustainable Infrastructure Capital makes up about 1.6% of Taylor Wealth Management Partners’ portfolio, making the stock its 29th largest position. Taylor Wealth Management Partners owned 0.30% of Hannon Armstrong Sustainable Infrastructure Capital worth $3,496,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. State Street Corp boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 11.2% in the fourth quarter. State Street Corp now owns 724,008 shares of the real estate investment trust’s stock valued at $13,745,000 after buying an additional 72,703 shares during the period. Metropolitan Life Insurance Co. NY boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 2.0% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 30,826 shares of the real estate investment trust’s stock valued at $585,000 after buying an additional 600 shares during the period. AQR Capital Management LLC boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 94.6% in the fourth quarter. AQR Capital Management LLC now owns 44,660 shares of the real estate investment trust’s stock valued at $848,000 after buying an additional 21,716 shares during the period. Perigon Wealth Management LLC acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at about $348,000. Finally, Teachers Advisors LLC boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 6.9% in the fourth quarter. Teachers Advisors LLC now owns 67,926 shares of the real estate investment trust’s stock valued at $1,290,000 after buying an additional 4,376 shares during the period. 70.60% of the stock is owned by institutional investors and hedge funds.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) opened at 23.22 on Friday. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 42.07 and a beta of 0.96. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $18.02 and a 1-year high of $25.21. The firm has a 50 day moving average of $23.19 and a 200-day moving average of $21.30.

The company also recently declared a quarterly dividend, which was paid on Thursday, July 13th. Investors of record on Thursday, July 6th were paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date was Monday, July 3rd. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 244.44%.

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HASI has been the subject of several recent research reports. Roth Capital set a $25.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital and gave the company a “buy” rating in a research report on Tuesday, May 2nd. Zacks Investment Research cut shares of Hannon Armstrong Sustainable Infrastructure Capital from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. Cowen and Company reiterated an “outperform” rating and set a $28.00 price objective (up from $25.00) on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, June 22nd. BidaskClub upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 13th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, July 11th. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $25.44.

In related news, insider Jeffrey Eckel bought 2,725 shares of the stock in a transaction on Wednesday, June 7th. The shares were acquired at an average price of $22.51 per share, for a total transaction of $61,339.75. Following the purchase, the insider now owns 835,826 shares of the company’s stock, valued at $18,814,443.26. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Nathaniel Rose sold 6,000 shares of the company’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $22.39, for a total transaction of $134,340.00. Following the transaction, the chief operating officer now owns 303,506 shares in the company, valued at approximately $6,795,499.34. The disclosure for this sale can be found here. Insiders own 7.20% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Company Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc makes debt and equity investments in sustainable infrastructure, including energy efficiency and renewable energy. The Company focuses on providing preferred or senior level capital to sponsors and obligors for assets that generate long-term, recurring and predictable cash flows.

Institutional Ownership by Quarter for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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