Hannon Armstrong Sustnbl Infrstr Cap Sees Unusually Large Options Volume (HASI)

Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) was the target of unusually large options trading on Monday. Stock traders acquired 2,922 put options on the stock. This is an increase of 483% compared to the average daily volume of 501 put options.

A number of equities research analysts have commented on HASI shares. Zacks Investment Research lowered Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “sell” rating in a research report on Monday, November 6th. B. Riley set a $27.00 target price on Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research report on Friday, December 22nd. Cowen reaffirmed a “buy” rating and set a $28.00 price target on shares of Hannon Armstrong Sustnbl Infrstr Cap in a research note on Thursday, September 28th. Roth Capital set a $28.00 price target on Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a research note on Saturday, November 25th. Finally, Oppenheimer increased their price objective on Hannon Armstrong Sustnbl Infrstr Cap from $26.00 to $28.00 and gave the stock an “outperform” rating in a research note on Thursday, November 2nd. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $26.00.

Hannon Armstrong Sustnbl Infrstr Cap (HASI) opened at $22.45 on Friday. Hannon Armstrong Sustnbl Infrstr Cap has a twelve month low of $18.02 and a twelve month high of $25.28. The company has a current ratio of 2.74, a quick ratio of 2.74 and a debt-to-equity ratio of 2.13. The firm has a market capitalization of $1,190.00, a price-to-earnings ratio of 36.80, a price-to-earnings-growth ratio of 1.58 and a beta of 0.93.

The business also recently declared a quarterly dividend, which was paid on Thursday, January 11th. Stockholders of record on Tuesday, December 26th were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date of this dividend was Friday, December 22nd. Hannon Armstrong Sustnbl Infrstr Cap’s payout ratio is currently 216.39%.

In other news, CFO J Brendan Herron sold 11,063 shares of the business’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $23.96, for a total transaction of $265,069.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nathaniel Rose sold 8,000 shares of the business’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $23.58, for a total value of $188,640.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 24,063 shares of company stock valued at $571,259. 5.40% of the stock is currently owned by insiders.

Institutional investors have recently bought and sold shares of the company. Advisor Group Inc. boosted its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 8.5% in the second quarter. Advisor Group Inc. now owns 4,444 shares of the real estate investment trust’s stock worth $101,000 after acquiring an additional 350 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 2,784.3% in the second quarter. BNP Paribas Arbitrage SA now owns 5,336 shares of the real estate investment trust’s stock worth $122,000 after acquiring an additional 5,151 shares during the period. US Bancorp DE boosted its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 7.4% in the second quarter. US Bancorp DE now owns 5,798 shares of the real estate investment trust’s stock worth $133,000 after acquiring an additional 400 shares during the period. Good Life Advisors LLC bought a new position in shares of Hannon Armstrong Sustnbl Infrstr Cap in the second quarter worth $205,000. Finally, Aperio Group LLC bought a new position in shares of Hannon Armstrong Sustnbl Infrstr Cap in the second quarter worth $208,000. 71.23% of the stock is owned by hedge funds and other institutional investors.

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Hannon Armstrong Sustnbl Infrstr Cap 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.

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