Skandinaviska Enskilda Banken AB publ Takes Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Skandinaviska Enskilda Banken AB publ purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 34,200 shares of the real estate investment trust's stock, valued at approximately $913,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Victory Capital Management Inc. grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 6.7% in the 3rd quarter. Victory Capital Management Inc. now owns 25,042 shares of the real estate investment trust's stock valued at $863,000 after buying an additional 1,574 shares in the last quarter. Natixis Advisors LLC raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 1.9% during the third quarter. Natixis Advisors LLC now owns 32,588 shares of the real estate investment trust's stock worth $1,123,000 after purchasing an additional 597 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 0.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 68,371 shares of the real estate investment trust's stock worth $2,357,000 after purchasing an additional 571 shares during the period. SMH Capital Advisors Inc. purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter valued at approximately $484,000. Finally, Intech Investment Management LLC acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter worth approximately $950,000. Institutional investors and hedge funds own 96.14% of the company's stock.

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Hannon Armstrong Sustainable Infrastructure Capital Stock Down 1.3 %

Shares of Hannon Armstrong Sustainable Infrastructure Capital stock traded down $0.39 during trading on Friday, hitting $29.30. 2,272,655 shares of the stock were exchanged, compared to its average volume of 1,073,527. The company has a debt-to-equity ratio of 1.83, a current ratio of 11.25 and a quick ratio of 13.55. The firm's 50-day moving average price is $28.25 and its 200 day moving average price is $30.39. The stock has a market cap of $3.49 billion, a price-to-earnings ratio of 18.54, 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.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.02). The business had revenue of $37.74 million for the quarter, compared to analyst estimates of $25.93 million. Hannon Armstrong Sustainable Infrastructure Capital had a return on equity of 11.84% and a net margin of 52.15%. As a group, analysts forecast 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Stockholders of record on Friday, April 4th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 5.73%. The ex-dividend date of this dividend is Friday, April 4th. This is an increase from Hannon Armstrong Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. Hannon Armstrong Sustainable Infrastructure Capital's payout ratio is currently 106.33%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on HASI shares. The Goldman Sachs Group lowered 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 report on Tuesday, December 17th. JPMorgan Chase & Co. cut 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 research report on Thursday, January 23rd. Wells Fargo & Company began 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 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 on the stock in a research note on Wednesday, January 8th. Finally, Truist Financial assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 6th. They set a "buy" rating and a $40.00 price objective for the company. 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 assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital currently has an average rating of "Moderate Buy" and an average price target of $39.71.

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.