Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Position Increased by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lifted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 10.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 170,685 shares of the real estate investment trust's stock after acquiring an additional 16,587 shares during the quarter. CIBC Private Wealth Group LLC owned about 0.14% of Hannon Armstrong Sustainable Infrastructure Capital worth $4,714,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in HASI. California Public Employees Retirement System lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 2.4% during the fourth quarter. California Public Employees Retirement System now owns 215,399 shares of the real estate investment trust's stock worth $5,779,000 after purchasing an additional 5,123 shares in the last quarter. Schroder Investment Management Group lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 174.5% in the 4th quarter. Schroder Investment Management Group now owns 721,183 shares of the real estate investment trust's stock worth $19,263,000 after buying an additional 458,435 shares in the last quarter. DnB Asset Management AS boosted its position in Hannon Armstrong Sustainable Infrastructure Capital by 73.7% in the 4th quarter. DnB Asset Management AS now owns 83,575 shares of the real estate investment trust's stock valued at $2,242,000 after buying an additional 35,464 shares during the last quarter. Pictet Asset Management Holding SA grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 10.0% during the fourth quarter. Pictet Asset Management Holding SA now owns 15,582 shares of the real estate investment trust's stock valued at $418,000 after acquiring an additional 1,418 shares in the last quarter. Finally, New Age Alpha Advisors LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter worth about $4,404,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

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Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

HASI traded down $2.00 during trading hours on Friday, hitting $27.05. The company's stock had a trading volume of 1,833,352 shares, compared to its average volume of 1,105,904. The company has a current ratio of 11.25, a quick ratio of 13.55 and a debt-to-equity ratio of 1.83. 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 50-day simple moving average of $28.62 and a 200 day simple moving average of $30.00. The firm has a market capitalization of $3.23 billion, a PE ratio of 17.12, a PEG ratio of 1.06 and a beta of 2.04.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) 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, sell-side analysts expect that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current year.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The company also recently announced 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 is a boost from Hannon Armstrong Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Friday, April 4th. This represents a $1.68 annualized dividend and a yield of 6.21%. Hannon Armstrong Sustainable Infrastructure Capital's payout ratio is presently 106.33%.

Analyst Upgrades and Downgrades

HASI has been the subject of a number of analyst reports. JPMorgan Chase & Co. reduced their price target 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. Truist Financial assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They set a "buy" rating and a $40.00 price objective on the stock. 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 for the company in a research report on Tuesday, December 17th. 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. Finally, Wells Fargo & Company assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, February 27th. They issued an "overweight" rating and a $33.00 price objective for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average 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.