Oppenheimer & Co. Inc. Has $5.02 Million Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Oppenheimer & Co. Inc. reduced its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 5.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 187,181 shares of the real estate investment trust's stock after selling 10,740 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.16% of Hannon Armstrong Sustainable Infrastructure Capital worth $5,022,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. JPMorgan Chase & Co. grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 42.1% during the third quarter. JPMorgan Chase & Co. now owns 300,587 shares of the real estate investment trust's stock worth $10,361,000 after acquiring an additional 89,126 shares during the last quarter. Pallas Capital Advisors LLC acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter worth approximately $2,451,000. Harbor Capital Advisors Inc. grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 42.4% in the 4th quarter. Harbor Capital Advisors Inc. now owns 71,995 shares of the real estate investment trust's stock worth $1,932,000 after buying an additional 21,446 shares in the last quarter. Creative Planning bought a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter valued at $548,000. Finally, Nisa Investment Advisors LLC boosted its position in Hannon Armstrong Sustainable Infrastructure Capital by 23.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 36,208 shares of the real estate investment trust's stock worth $986,000 after acquiring an additional 6,990 shares during the period. 96.14% of the stock is owned by institutional investors and hedge funds.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 3.3 %

Shares of NYSE:HASI traded down $0.95 on Monday, reaching $27.78. The company had a trading volume of 799,767 shares, compared to its average volume of 1,111,059. The stock has a market capitalization of $3.31 billion, a P/E ratio of 17.58, a P/E/G ratio of 1.06 and a beta of 1.95. The stock has a 50-day moving average price of $27.80 and a 200 day moving average price of $30.67. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $24.00 and a twelve month high of $36.56. The company has a quick ratio of 13.55, a current ratio of 11.25 and a debt-to-equity ratio of 1.83.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last posted its quarterly earnings data 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 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%. On average, equities analysts expect 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. Stockholders of record on Friday, April 4th will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, April 4th. This is a positive change from Hannon Armstrong Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.05%. Hannon Armstrong Sustainable Infrastructure Capital's payout ratio is 106.33%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on HASI shares. JPMorgan Chase & Co. cut their price objective 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 note on Thursday, January 23rd. The Goldman Sachs Group lowered their price objective on shares of 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. Bank of America assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Monday, November 25th. They issued a "buy" rating and a $40.00 target price for the company. Truist Financial assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, February 6th. They issued a "buy" rating and a $40.00 price target for the company. Finally, Wells Fargo & Company began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday. They set an "overweight" rating and a $33.00 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 given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital has a consensus rating of "Moderate Buy" and an average price target of $39.71.

About Hannon Armstrong Sustainable Infrastructure Capital

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.