WINTON GROUP Ltd Reduces Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

WINTON GROUP Ltd decreased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 15.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 25,892 shares of the real estate investment trust’s stock after selling 4,595 shares during the quarter. WINTON GROUP Ltd’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $695,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cerity Partners LLC increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 24.4% in the 3rd quarter. Cerity Partners LLC now owns 21,846 shares of the real estate investment trust’s stock valued at $753,000 after acquiring an additional 4,282 shares during the period. The Manufacturers Life Insurance Company grew its position in Hannon Armstrong Sustainable Infrastructure Capital by 4.3% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 65,812 shares of the real estate investment trust’s stock worth $2,269,000 after purchasing an additional 2,713 shares during the last quarter. FMR LLC increased its stake in Hannon Armstrong Sustainable Infrastructure Capital by 12.2% in the third quarter. FMR LLC now owns 1,153,215 shares of the real estate investment trust’s stock valued at $39,751,000 after purchasing an additional 125,387 shares during the period. Quantbot Technologies LP purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the third quarter valued at about $1,308,000. Finally, BNP Paribas Financial Markets boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 27.6% during the third quarter. BNP Paribas Financial Markets now owns 201,739 shares of the real estate investment trust’s stock worth $6,954,000 after buying an additional 43,672 shares during the period. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Analyst Ratings Changes

HASI has been the subject of several analyst reports. The Goldman Sachs Group reduced their price objective on 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. Truist Financial initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, February 6th. They set a “buy” rating and a $40.00 price target for the company. Wells Fargo & Company started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 27th. They issued an “overweight” rating and a $33.00 price objective on the stock. Citigroup upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 price objective for the company in a research report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating on the stock in a report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $39.71.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

NYSE HASI opened at $29.42 on Friday. 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, Inc. has a fifty-two week low of $24.00 and a fifty-two week high of $36.56. The business has a fifty day moving average of $28.48 and a 200-day moving average of $30.24. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 18.62, a price-to-earnings-growth ratio of 1.06 and a beta of 2.04.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last announced its earnings results 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). The firm had revenue of $37.74 million during 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%. As a group, analysts predict that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current fiscal year.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The company 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 $0.42 dividend. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. This represents a $1.68 annualized dividend and a yield of 5.71%. The ex-dividend date is Friday, April 4th. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is presently 106.33%.

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.