PFG Investments LLC Has $8.26 Million Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

PFG Investments LLC grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 8.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 239,559 shares of the real estate investment trust's stock after buying an additional 19,464 shares during the quarter. PFG Investments LLC owned about 0.21% of Hannon Armstrong Sustainable Infrastructure Capital worth $8,258,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Swedbank AB lifted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 6.8% during the second quarter. Swedbank AB now owns 4,020,665 shares of the real estate investment trust's stock valued at $119,012,000 after purchasing an additional 257,233 shares during the last quarter. Tidal Investments LLC lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 48.0% in the 1st quarter. Tidal Investments LLC now owns 81,728 shares of the real estate investment trust's stock valued at $2,321,000 after acquiring an additional 26,508 shares in the last quarter. Abundance Wealth Counselors purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth approximately $1,110,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 38.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 837,163 shares of the real estate investment trust's stock valued at $23,775,000 after purchasing an additional 232,351 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 77.5% in the first quarter. Janney Montgomery Scott LLC now owns 52,828 shares of the real estate investment trust's stock worth $1,500,000 after buying an additional 23,063 shares during the period. 96.14% of the stock is currently owned by institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

HASI stock traded up $0.05 during mid-day trading on Friday, reaching $34.13. 506,182 shares of the stock traded hands, compared to its average volume of 898,309. The firm has a market capitalization of $3.97 billion, a PE ratio of 15.87, a P/E/G ratio of 1.28 and a beta of 1.98. The business has a 50-day moving average of $33.74 and a two-hundred day moving average of $31.38. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52 week low of $16.60 and a 52 week high of $36.15. The company has a quick ratio of 13.27, a current ratio of 13.27 and a debt-to-equity ratio of 1.77.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last announced its earnings results on Thursday, August 1st. The real estate investment trust reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.12. Hannon Armstrong Sustainable Infrastructure Capital had a return on equity of 12.13% and a net margin of 69.21%. The firm had revenue of $94.52 million during the quarter, compared to the consensus estimate of $30.97 million. During the same quarter in the prior year, the company earned $0.53 EPS. As a group, equities analysts predict that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.23 EPS for the current fiscal year.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, October 4th were issued a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 4.86%. The ex-dividend date of this dividend was Friday, October 4th. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 77.21%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on HASI shares. Mizuho increased their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the stock an "outperform" rating in a research note on Friday, July 26th. JPMorgan Chase & Co. upped their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $39.00 to $42.00 and gave the company an "overweight" rating in a research note on Tuesday, July 16th. The Goldman Sachs Group boosted their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the company a "neutral" rating in a report on Monday, August 5th. Jefferies Financial Group initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Wednesday, September 4th. They set a "buy" rating and a $39.00 price objective for the company. Finally, Citigroup boosted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the company a "neutral" rating in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital has an average rating of "Moderate Buy" and a consensus price target of $39.83.

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.