Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Purchased by Schroder Investment Management Group

Schroder Investment Management Group raised its position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 174.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 721,183 shares of the real estate investment trust’s stock after buying an additional 458,435 shares during the period. Schroder Investment Management Group owned approximately 0.61% of Hannon Armstrong Sustainable Infrastructure Capital worth $19,263,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Cerity Partners LLC grew its stake in Hannon Armstrong Sustainable Infrastructure Capital by 24.4% during the 3rd quarter. Cerity Partners LLC now owns 21,846 shares of the real estate investment trust’s stock valued at $753,000 after purchasing an additional 4,282 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.3% during the third quarter. The Manufacturers Life Insurance Company now owns 65,812 shares of the real estate investment trust’s stock worth $2,269,000 after buying an additional 2,713 shares in the last quarter. FMR LLC grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 12.2% during the third quarter. FMR LLC now owns 1,153,215 shares of the real estate investment trust’s stock worth $39,751,000 after buying an additional 125,387 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 44.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 497,203 shares of the real estate investment trust’s stock worth $17,139,000 after buying an additional 154,110 shares during the last quarter. Finally, Verition Fund Management LLC raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 40.5% in the third quarter. Verition Fund Management LLC now owns 11,733 shares of the real estate investment trust’s stock valued at $404,000 after acquiring an additional 3,384 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 0.5 %

HASI stock opened at $29.20 on Thursday. The stock has a market cap of $3.48 billion, a PE ratio of 18.48, a price-to-earnings-growth ratio of 1.06 and a beta of 2.04. The firm’s 50-day simple moving average is $28.58 and its 200 day simple moving average is $30.13. 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 announced 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). 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, sell-side analysts predict that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current year.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, April 4th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 5.75%. The ex-dividend date of this dividend is Friday, April 4th. This is a positive change 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 Analysts Forecast Growth

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