Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by Nwam LLC

Nwam LLC trimmed its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 41.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 17,753 shares of the real estate investment trust’s stock after selling 12,597 shares during the period. Nwam LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $476,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Oregon Public Employees Retirement Fund boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 1.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 27,910 shares of the real estate investment trust’s stock valued at $749,000 after acquiring an additional 500 shares during the last quarter. Illinois Municipal Retirement Fund boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 12.0% during the 4th quarter. Illinois Municipal Retirement Fund now owns 63,817 shares of the real estate investment trust’s stock valued at $1,712,000 after acquiring an additional 6,831 shares during the last quarter. Amalgamated Bank boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 1.1% during the 4th quarter. Amalgamated Bank now owns 34,501 shares of the real estate investment trust’s stock valued at $926,000 after acquiring an additional 377 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 37.5% during the 4th quarter. Bank of New York Mellon Corp now owns 2,208,894 shares of the real estate investment trust’s stock valued at $59,265,000 after acquiring an additional 602,456 shares during the last quarter. Finally, Union Bancaire Privee UBP SA bought a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter valued at $278,000. 96.14% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on HASI. Truist Financial began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They set a “buy” rating and a $40.00 price objective on the stock. The Goldman Sachs Group reduced their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 17th. JPMorgan Chase & Co. reduced their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating on the stock in a research report on Thursday, January 23rd. Wells Fargo & Company assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday. They issued an “overweight” rating and a $33.00 price target on the stock. Finally, Bank of America assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Monday, November 25th. They issued a “buy” rating and a $40.00 price target on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $39.71.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 0.9 %

Shares of NYSE:HASI opened at $28.73 on Friday. The company has a market cap of $3.43 billion, a PE ratio of 18.18, a P/E/G ratio of 1.06 and a beta of 1.95. The company’s 50-day moving average price is $27.78 and its 200 day moving average price is $30.68. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $24.00 and a fifty-two week high of $36.56. The company has a quick ratio of 13.55, a current ratio of 11.25 and a debt-to-equity ratio of 1.83.

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

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, April 4th will be paid a dividend of $0.42 per share. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Friday, April 4th. This represents a $1.68 annualized dividend and a yield of 5.85%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 106.33%.

Hannon Armstrong Sustainable Infrastructure Capital Company Profile

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.