Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Purchased by William Blair Investment Management LLC

William Blair Investment Management LLC raised its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 19.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,756 shares of the real estate investment trust’s stock after acquiring an additional 5,046 shares during the quarter. William Blair Investment Management LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $825,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Legend Financial Advisors Inc. acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 4th quarter valued at about $27,000. Blue Trust Inc. grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 57.8% during the fourth quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 394 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 46.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,380 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 439 shares during the last quarter. Roxbury Financial LLC purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at approximately $39,000. Finally, Allworth Financial LP boosted its position in Hannon Armstrong Sustainable Infrastructure Capital by 1,267.2% during the fourth quarter. Allworth Financial LP now owns 1,709 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 1,584 shares during the last quarter. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 0.2 %

NYSE:HASI opened at $29.50 on Thursday. The business’s 50-day moving average is $28.16 and its two-hundred day moving average is $30.40. The firm has a market capitalization of $3.52 billion, a PE ratio of 18.67, a price-to-earnings-growth ratio of 1.06 and a beta of 2.04. 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 debt-to-equity ratio of 1.83, a current ratio of 11.25 and a quick ratio of 13.55.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last released its quarterly 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). Hannon Armstrong Sustainable Infrastructure Capital had a return on equity of 11.84% and a net margin of 52.15%. The company had revenue of $37.74 million for the quarter, compared to analyst estimates of $25.93 million. Research 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 declared a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Friday, April 4th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 5.70%. This is a positive change from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Friday, April 4th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 106.33%.

Wall Street Analysts Forecast Growth

HASI has been the topic of a number of recent analyst reports. Bank of America initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They set a “buy” rating and a $40.00 price target on the stock. 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 note on Wednesday, January 8th. Wells Fargo & Company started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, February 27th. They set an “overweight” rating and a $33.00 price objective for the company. Truist Financial initiated coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 6th. They issued a “buy” rating and a $40.00 target price on the stock. Finally, 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 report on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital has an average rating of “Moderate Buy” and a consensus target price 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.