Intl Assets Investment Mgmt LLC Acquires HASI New Holdings
Editorial StaffThe Facts -
- International Assets Investment Management LLC acquired 101,908 shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. worth around $2,811,000.
- Hannon Armstrong Sustainable Infrastructure Capital declared a quarterly dividend of $0.415 per share, representing a $1.66 annualized dividend and a yield of 5.17%.
- The company's shares opened at $32.10, with a 1-year low of $13.22 and 1-year high of $32.74, and a market cap of $3.65 billion.
Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) have attracted a new position from International Assets Investment Management LLC in Q4. The firm bought 101,908 shares, worth around $2,811,000.
Other institutional investors also adjusted their stakes. Vanguard Group Inc. upped its position by 18.4% in Q3. It now holds 11,904,638 shares valued at $252,378,000. Northern Trust Corp, Van ECK Associates Corp, and Bank of New York Mellon Corp also expanded their stakes during the same period. Institutional investors and hedge funds own 96.14% of the company's stock.
Hannon Armstrong's Stock Performance
NYSE HASI was trading at $32.10 on Friday. The company's 1-year range is $13.22 to $32.74. Its market cap is $3.65 billion, and its P/E ratio stands at 23.95.
Dividend Announcement
According to recent declarations, a quarterly dividend will be paid on July 12th. Shareholders of record by July 3rd will receive $0.415 per share, representing a $1.66 annualized dividend and a yield of 5.17%.
Analysts' Opinions
Several financial research analysts have recently issued reports on the company. B. Riley, Bank of America, and The Goldman Sachs Group have revised their price targets, while TheStreet upgraded its rating. According to MarketBeat.com data, the company has an average rating of "Moderate Buy".
About Hannon Armstrong
Hannon Armstrong Sustainable Infrastructure Capital, Inc invests in sustainable infrastructure markets in the US. Its portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.
Further Information
Interested in what other hedge funds are holding HASI? Visit HoldingsChannel.com for latest 13F filings and insider trades for Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI).
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