IQ EQ FUND MANAGEMENT IRELAND Ltd Has $813,000 Stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

IQ EQ FUND MANAGEMENT IRELAND Ltd decreased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 57.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,286 shares of the real estate investment trust's stock after selling 40,777 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd's holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $813,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Victory Capital Management Inc. grew its holdings in shares of 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 worth $863,000 after purchasing an additional 1,574 shares during the last quarter. Intech Investment Management LLC bought a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the third quarter worth about $950,000. Cerity Partners LLC increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 24.4% during the third quarter. Cerity Partners LLC now owns 21,846 shares of the real estate investment trust's stock worth $753,000 after buying an additional 4,282 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 10.5% in the third quarter. Daiwa Securities Group Inc. now owns 106,300 shares of the real estate investment trust's stock valued at $3,664,000 after acquiring an additional 10,100 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter worth approximately $855,000. 96.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on HASI shares. JPMorgan Chase & Co. dropped 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. The Goldman Sachs Group lowered 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 note on Tuesday, December 17th. Wells Fargo & Company assumed 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 on the stock. Truist Financial started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 6th. They issued a "buy" rating and a $40.00 price objective for the company. Finally, Citigroup upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 target price on the stock in a research report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, one has given a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $39.71.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 0.4 %

Shares of NYSE:HASI traded down $0.12 during midday trading on Tuesday, hitting $29.12. The company had a trading volume of 232,795 shares, compared to its average volume of 1,081,862. The firm has a fifty day simple moving average of $28.51 and a 200 day simple moving average of $30.18. The stock has a market cap of $3.47 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 1.06 and a beta of 2.04. 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 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 posted its earnings results 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 company 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%. On average, 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 company also recently announced a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, April 4th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 5.77%. 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 dividend payout ratio is presently 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.