Quaero Capital S.A. Sells 33,762 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Quaero Capital S.A. trimmed its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 35.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 62,008 shares of the real estate investment trust's stock after selling 33,762 shares during the quarter. Hannon Armstrong Sustainable Infrastructure Capital accounts for 2.1% of Quaero Capital S.A.'s portfolio, making the stock its 14th largest holding. Quaero Capital S.A. owned approximately 0.05% of Hannon Armstrong Sustainable Infrastructure Capital worth $1,664,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Erste Asset Management GmbH bought a new position in Hannon Armstrong Sustainable Infrastructure Capital in the third quarter worth $73,622,000. Wellington Management Group LLP lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 3.9% in the third quarter. Wellington Management Group LLP now owns 13,206,158 shares of the real estate investment trust's stock worth $455,216,000 after purchasing an additional 491,585 shares during the period. Rockefeller Capital Management L.P. lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 68.6% in the third quarter. Rockefeller Capital Management L.P. now owns 913,476 shares of the real estate investment trust's stock worth $31,487,000 after purchasing an additional 371,593 shares during the period. Point72 Asset Management L.P. bought a new position in Hannon Armstrong Sustainable Infrastructure Capital in the third quarter worth $5,616,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 44.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 497,203 shares of the real estate investment trust's stock worth $17,139,000 after purchasing an additional 154,110 shares during the period. 96.14% of the stock is owned by institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 0.7 %

HASI stock traded down $0.21 during midday trading on Wednesday, reaching $28.92. The stock had a trading volume of 1,438,791 shares, compared to its average volume of 1,144,075. The business has a fifty day simple moving average of $27.74 and a two-hundred day simple moving average of $30.76. The company has a quick ratio of 13.55, a current ratio of 11.25 and a debt-to-equity ratio of 1.83. The firm has a market cap of $3.43 billion, a price-to-earnings ratio of 18.31, a PEG ratio of 1.05 and a beta of 1.95. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $24.00 and a twelve month high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $0.57 EPS for the quarter, missing analysts' consensus estimates of $0.59 by ($0.02). Hannon Armstrong Sustainable Infrastructure Capital had a return on equity of 11.84% and a net margin of 52.15%. The firm had revenue of $37.74 million during the quarter, compared to analyst estimates of $25.93 million. As a group, research analysts expect that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.42 EPS for the current fiscal year.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, April 4th will be issued a dividend of $0.42 per share. The ex-dividend date is Friday, April 4th. This represents a $1.68 dividend on an annualized basis and a yield of 5.81%. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio (DPR) is 106.33%.

Analysts Set New Price Targets

Several brokerages recently commented on HASI. The Goldman Sachs Group reduced 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 report on Tuesday, December 17th. Citigroup upgraded 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 note on Wednesday, January 8th. StockNews.com lowered Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research note on Monday, November 11th. Bank of America began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They set a "buy" rating and a $40.00 price objective for the company. Finally, Truist Financial began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They set a "buy" rating and a $40.00 price objective for the company. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of "Moderate Buy" and an average target price of $40.23.

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.