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

William Blair Investment Management LLC boosted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 19.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 30,756 shares of the real estate investment trust’s stock after purchasing 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 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Cibc World Markets Corp acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at $290,000. Natixis Advisors LLC raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 11.2% in the 4th quarter. Natixis Advisors LLC now owns 36,242 shares of the real estate investment trust’s stock valued at $972,000 after purchasing an additional 3,654 shares in the last quarter. Harrington Investments INC lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 10.3% during the fourth quarter. Harrington Investments INC now owns 14,139 shares of the real estate investment trust’s stock worth $379,000 after purchasing an additional 1,315 shares during the last quarter. LBP AM SA grew its stake in Hannon Armstrong Sustainable Infrastructure Capital by 1.0% in the fourth quarter. LBP AM SA now owns 173,067 shares of the real estate investment trust’s stock worth $4,643,000 after purchasing an additional 1,629 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ bought a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at about $913,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on HASI shares. Bank of America began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They set a “buy” rating and a $40.00 target price on the stock. Truist Financial started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, February 6th. They issued a “buy” rating and a $40.00 price objective for the company. Wells Fargo & Company started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, February 27th. They set an “overweight” rating and a $33.00 target price on the stock. Citigroup raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 price target for the company in a report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. dropped their price objective 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 note on Thursday, January 23rd. One analyst has rated the stock with a sell rating, one has issued a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $39.71.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 0.2 %

Shares of Hannon Armstrong Sustainable Infrastructure Capital stock opened at $29.50 on Thursday. 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, Inc. has a 1-year low of $24.00 and a 1-year high of $36.56. The business’s fifty day moving average price is $28.16 and its two-hundred day moving average price is $30.40. The company has a market capitalization of $3.52 billion, a P/E ratio of 18.67, a PEG ratio of 1.06 and a beta of 2.04.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.02). The company had revenue of $37.74 million for the quarter, compared to the consensus estimate 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, research analysts forecast that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current year.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Friday, April 4th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 5.70%. 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 dividend payout ratio (DPR) is currently 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.