Nwam LLC Reduces Stock Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Nwam LLC cut its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 41.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,753 shares of the real estate investment trust's stock after selling 12,597 shares during the quarter. Nwam LLC's holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $476,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Oregon Public Employees Retirement Fund boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 1.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 27,910 shares of the real estate investment trust's stock valued at $749,000 after acquiring an additional 500 shares in the last quarter. Illinois Municipal Retirement Fund lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 12.0% in the 4th quarter. Illinois Municipal Retirement Fund now owns 63,817 shares of the real estate investment trust's stock worth $1,712,000 after purchasing an additional 6,831 shares during the period. Amalgamated Bank boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.1% during the 4th quarter. Amalgamated Bank now owns 34,501 shares of the real estate investment trust's stock valued at $926,000 after purchasing an additional 377 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 37.5% during the fourth quarter. Bank of New York Mellon Corp now owns 2,208,894 shares of the real estate investment trust's stock valued at $59,265,000 after buying an additional 602,456 shares during the period. Finally, Union Bancaire Privee UBP SA purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at about $278,000. Hedge funds and other institutional investors own 96.14% of the company's stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 3.3 %

Shares of NYSE:HASI traded down $0.95 during trading on Monday, reaching $27.78. 799,767 shares of the stock traded hands, compared to its average volume of 1,111,059. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52-week low of $24.00 and a 52-week high of $36.56. The stock has a market cap of $3.31 billion, a P/E ratio of 17.58, a price-to-earnings-growth ratio of 1.06 and a beta of 1.95. The stock has a 50-day moving average of $27.80 and a two-hundred day moving average of $30.67. The company has a debt-to-equity ratio of 1.83, a quick ratio of 13.55 and a current ratio of 11.25.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last issued its 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). Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 52.15% and a return on equity of 11.84%. The business had revenue of $37.74 million for the quarter, compared to analysts' expectations of $25.93 million. As a group, sell-side analysts expect 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 firm also recently announced a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, April 4th will be given a $0.42 dividend. This is a positive change from Hannon Armstrong Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. The ex-dividend date is Friday, April 4th. This represents a $1.68 dividend on an annualized basis and a yield of 6.05%. Hannon Armstrong Sustainable Infrastructure Capital's payout ratio is 106.33%.

Wall Street Analyst Weigh In

HASI has been the topic of several research reports. Truist Financial started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 6th. They set a "buy" rating and a $40.00 price objective on the stock. StockNews.com lowered Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research report on Monday, November 11th. The Goldman Sachs Group decreased 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 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 objective for the company in a research report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. reduced their target price 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 report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, one has given a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target 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.