Sei Investments Co. Buys 26,315 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Sei Investments Co. grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 10.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 281,440 shares of the real estate investment trust's stock after acquiring an additional 26,315 shares during the quarter. Sei Investments Co. owned about 0.24% of Hannon Armstrong Sustainable Infrastructure Capital worth $7,551,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Legend Financial Advisors Inc. purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter worth approximately $27,000. Blue Trust Inc. raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 57.8% in the 4th quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust's stock valued at $29,000 after buying an additional 394 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 46.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,380 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 439 shares in the last quarter. Roxbury Financial LLC purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter worth $39,000. Finally, Allworth Financial LP grew its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1,267.2% in the 4th quarter. Allworth Financial LP now owns 1,709 shares of the real estate investment trust's stock worth $46,000 after acquiring an additional 1,584 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

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Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Shares of Hannon Armstrong Sustainable Infrastructure Capital stock traded down $0.16 on Thursday, reaching $29.05. The stock had a trading volume of 806,575 shares, compared to its average volume of 1,096,009. The business's 50 day moving average is $28.58 and its two-hundred day moving average is $30.13. 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 1 year low of $24.00 and a 1 year high of $36.56. The company has a market cap of $3.47 billion, a P/E ratio of 18.39, a price-to-earnings-growth ratio of 1.06 and a beta of 2.04.

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 firm had revenue of $37.74 million during the quarter, compared to analysts' expectations 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, research analysts anticipate 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. Shareholders of record on Friday, April 4th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Friday, April 4th. This represents a $1.68 annualized dividend and a dividend yield of 5.78%. 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 presently 106.33%.

Analyst Upgrades and Downgrades

HASI has been the topic of several recent analyst reports. Truist Financial began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 6th. They set a "buy" rating and a $40.00 target price on the stock. 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 report on Wednesday, January 8th. The Goldman Sachs Group decreased 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. Wells Fargo & Company assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, February 27th. They issued an "overweight" rating and a $33.00 price target on the stock. Finally, JPMorgan Chase & Co. decreased their price objective on shares of 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. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $39.71.

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.