Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Holdings Raised by Vanguard Group Inc.

Vanguard Group Inc. lifted its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 1.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,245,195 shares of the real estate investment trust’s stock after acquiring an additional 156,695 shares during the quarter. Vanguard Group Inc. owned approximately 0.11% of Hannon Armstrong Sustainable Infrastructure Capital worth $355,369,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3.9% in the third quarter. Wellington Management Group LLP now owns 13,206,158 shares of the real estate investment trust’s stock valued at $455,216,000 after acquiring an additional 491,585 shares during the period. State Street Corp raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 1.0% during the 3rd quarter. State Street Corp now owns 4,426,317 shares of the real estate investment trust’s stock valued at $152,575,000 after purchasing an additional 42,762 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 2,636,884 shares of the real estate investment trust’s stock valued at $90,912,000 after purchasing an additional 53,799 shares during the period. Bank of New York Mellon Corp grew its position in Hannon Armstrong Sustainable Infrastructure Capital by 37.5% in the 4th quarter. Bank of New York Mellon Corp now owns 2,208,894 shares of the real estate investment trust’s stock worth $59,265,000 after purchasing an additional 602,456 shares during the last quarter. Finally, Vontobel Holding Ltd. raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 6.2% in the 4th quarter. Vontobel Holding Ltd. now owns 1,426,174 shares of the real estate investment trust’s stock valued at $38,264,000 after acquiring an additional 83,106 shares in the last quarter. Institutional investors own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 0.5 %

NYSE HASI opened at $29.05 on Friday. The company has a market cap of $3.47 billion, a PE ratio of 18.39, a PEG ratio of 1.06 and a beta of 2.04. The company has a current ratio of 11.25, a quick ratio of 13.55 and a debt-to-equity ratio of 1.83. The stock has a 50 day moving average of $28.63 and a 200-day moving average of $30.13. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12 month low of $24.00 and a 12 month high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.02). Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 52.15% and a return on equity of 11.84%. The company had revenue of $37.74 million during the quarter, compared to the consensus estimate of $25.93 million. On average, equities research analysts anticipate that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current fiscal year.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, April 4th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Friday, April 4th. This represents a $1.68 dividend on an annualized basis and a yield of 5.78%. This is an increase from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is currently 106.33%.

Analyst Ratings Changes

Several research analysts recently issued reports on HASI shares. Citigroup raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 price target for the company in a research report on Wednesday, January 8th. JPMorgan Chase & Co. dropped their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating for the company in a research report on Thursday, January 23rd. The Goldman Sachs Group dropped their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, December 17th. Wells Fargo & Company began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, February 27th. They issued an “overweight” rating and a $33.00 price target for the company. Finally, Truist Financial assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 6th. They set a “buy” rating and a $40.00 price target on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $39.71.

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.