Schroder Investment Management Group Grows Stock Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Schroder Investment Management Group grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 174.5% in the fourth quarter, according to its most recent Form 13F 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 quarter. Schroder Investment Management Group owned 0.61% of Hannon Armstrong Sustainable Infrastructure Capital worth $19,263,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 13,245,195 shares of the real estate investment trust's stock valued at $355,369,000 after acquiring an additional 156,695 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3.9% in the third quarter. Wellington Management Group LLP now owns 13,206,158 shares of the real estate investment trust's stock valued at $455,216,000 after purchasing an additional 491,585 shares during the last quarter. State Street Corp lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.0% during the third quarter. State Street Corp now owns 4,426,317 shares of the real estate investment trust's stock valued at $152,575,000 after purchasing an additional 42,762 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 2.1% during the third quarter. Geode Capital Management LLC now owns 2,636,884 shares of the real estate investment trust's stock worth $90,912,000 after purchasing an additional 53,799 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Hannon Armstrong Sustainable Infrastructure Capital by 37.5% in the 4th quarter. Bank of New York Mellon Corp now owns 2,208,894 shares of the real estate investment trust's stock worth $59,265,000 after purchasing an additional 602,456 shares in the last quarter. 96.14% of the stock is owned by institutional investors.

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Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Shares of HASI stock traded down $1.39 during trading hours on Monday, reaching $25.67. The stock had a trading volume of 2,049,984 shares, compared to its average volume of 1,109,666. The stock's fifty day simple moving average is $28.58 and its 200 day simple moving average is $29.93. The firm has a market capitalization of $3.11 billion, a PE ratio of 16.25, a PEG ratio of 1.06 and a beta of 1.83. 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 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 (NYSE:HASI - Get Free Report) 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 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%. On average, equities research 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 issued a $0.42 dividend. The ex-dividend date is Friday, April 4th. This represents a $1.68 annualized dividend and a dividend yield of 6.54%. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 106.33%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. The Goldman Sachs Group cut their target price on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a "neutral" rating on the stock in a research note on Tuesday, December 17th. Citigroup upgraded Hannon Armstrong Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 price objective for the company in a research note on Wednesday, January 8th. JPMorgan Chase & Co. lowered their target price on 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. Wells Fargo & Company began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 27th. They set an "overweight" rating and a $33.00 price target for the company. Finally, Truist Financial initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They issued a "buy" rating and a $40.00 price objective on the stock. One analyst has rated the stock with a sell rating, one has assigned 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, Hannon Armstrong Sustainable Infrastructure Capital presently 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.