NBW Capital LLC Has $6.03 Million Stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

NBW Capital LLC trimmed its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 2.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 224,879 shares of the real estate investment trust’s stock after selling 5,699 shares during the quarter. NBW Capital LLC owned about 0.19% of Hannon Armstrong Sustainable Infrastructure Capital worth $6,034,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Wellington Management Group LLP grew 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 purchasing an additional 491,585 shares during the last quarter. State Street Corp grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.0% in the third 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 grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 2.1% in the third 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 last quarter. Bank of New York Mellon Corp grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 37.5% in the fourth 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 purchasing an additional 602,456 shares during the last quarter. Finally, Erste Asset Management GmbH acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the third quarter valued at about $73,622,000. 96.14% of the stock is owned by institutional investors and hedge funds.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 3.3 %

Shares of HASI opened at $27.78 on Tuesday. The stock has a market cap of $3.31 billion, a price-to-earnings ratio of 17.58, a P/E/G ratio of 1.06 and a beta of 1.95. 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 12 month low of $24.00 and a 12 month high of $36.56. The company has a 50-day moving average price of $27.80 and a two-hundred day moving average price of $30.67.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $37.74 million during the quarter, compared to the consensus estimate of $25.93 million. Equities analysts predict 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 company also recently announced a quarterly dividend, which will be paid on Friday, April 18th. Stockholders of record on Friday, April 4th will be paid a $0.42 dividend. The ex-dividend date is Friday, April 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.05%. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 106.33%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on HASI. Citigroup raised Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 price target on the stock in a research report on Wednesday, January 8th. The Goldman Sachs Group decreased their target price on 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. Truist Financial started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 6th. They set a “buy” rating and a $40.00 target price on the stock. Bank of America started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Monday, November 25th. They set a “buy” rating and a $40.00 target price on the stock. Finally, Wells Fargo & Company started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 27th. They set an “overweight” rating and a $33.00 target price on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and an average price target of $39.71.

Hannon Armstrong Sustainable Infrastructure Capital 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.