Neumeier Poma Investment Counsel LLC Has $15.47 Million Stock Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Neumeier Poma Investment Counsel LLC lessened its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 3.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 576,693 shares of the real estate investment trust's stock after selling 17,685 shares during the period. Neumeier Poma Investment Counsel LLC owned approximately 0.49% of Hannon Armstrong Sustainable Infrastructure Capital worth $15,473,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in HASI. Victory Capital Management Inc. increased its stake in Hannon Armstrong Sustainable Infrastructure Capital by 6.7% during the third quarter. Victory Capital Management Inc. now owns 25,042 shares of the real estate investment trust's stock valued at $863,000 after acquiring an additional 1,574 shares during the period. Natixis Advisors LLC raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.9% in the 3rd quarter. Natixis Advisors LLC now owns 32,588 shares of the real estate investment trust's stock valued at $1,123,000 after buying an additional 597 shares in the last quarter. Intech Investment Management LLC bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter worth about $950,000. Cerity Partners LLC raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 24.4% in the third quarter. Cerity Partners LLC now owns 21,846 shares of the real estate investment trust's stock worth $753,000 after purchasing an additional 4,282 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 10.5% during 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 purchasing an additional 10,100 shares in the last quarter. Institutional investors own 96.14% of the company's stock.

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Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $29.26 on Tuesday. The stock has a 50-day moving average of $28.51 and a 200-day moving average of $30.18. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $24.00 and a one year high of $36.56. The stock has a market cap of $3.49 billion, a PE ratio of 18.52, a price-to-earnings-growth ratio of 1.06 and a beta of 2.04. The company has a debt-to-equity ratio of 1.83, a current ratio of 11.25 and a quick ratio of 13.55.

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 earnings per share for the quarter, missing analysts' consensus estimates of $0.59 by ($0.02). The firm 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 return on equity of 11.84% and a net margin of 52.15%. As a group, sell-side analysts expect that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current year.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Friday, April 4th. This represents a $1.68 dividend on an annualized basis and a yield of 5.74%. This is a positive change from Hannon Armstrong Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. Hannon Armstrong Sustainable Infrastructure Capital's payout ratio is presently 106.33%.

Wall Street Analyst Weigh In

HASI has been the topic of a number of analyst reports. Citigroup upgraded 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. Wells Fargo & Company initiated coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, February 27th. They set an "overweight" rating and a $33.00 price objective for the company. The Goldman Sachs Group decreased their price target on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a "neutral" rating on the stock in a research report on Tuesday, December 17th. JPMorgan Chase & Co. reduced their price objective 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. Finally, Truist Financial assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They issued a "buy" rating and a $40.00 target price for the company. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital currently has a consensus rating of "Moderate Buy" and a consensus 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.