Trillium Asset Management LLC Has $5.94 Million Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Trillium Asset Management LLC decreased its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 8.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 221,364 shares of the real estate investment trust's stock after selling 20,047 shares during the period. Trillium Asset Management LLC owned about 0.19% of Hannon Armstrong Sustainable Infrastructure Capital worth $5,939,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Wellington Management Group LLP grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3.9% during 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 last quarter. State Street Corp grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 1.0% during the 3rd quarter. State Street Corp now owns 4,426,317 shares of the real estate investment trust's stock worth $152,575,000 after acquiring an additional 42,762 shares during the last quarter. Geode Capital Management LLC increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 2,636,884 shares of the real estate investment trust's stock valued at $90,912,000 after acquiring an additional 53,799 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 37.5% during the fourth quarter. Bank of New York Mellon Corp now owns 2,208,894 shares of the real estate investment trust's stock valued at $59,265,000 after acquiring an additional 602,456 shares during the last quarter. Finally, Erste Asset Management GmbH bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter valued at $73,622,000. Institutional investors and hedge funds own 96.14% of the company's stock.

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Hannon Armstrong Sustainable Infrastructure Capital Stock Down 0.3 %

Shares of HASI stock traded down $0.08 on Monday, reaching $29.22. 609,028 shares of the company were exchanged, compared to its average volume of 1,073,736. The company has a debt-to-equity ratio of 1.83, a current ratio of 11.25 and a quick ratio of 13.55. The company has a 50-day moving average of $28.29 and a 200-day moving average of $30.34. The company has a market cap of $3.49 billion, a price-to-earnings ratio of 18.49, a PEG ratio of 1.06 and a beta of 2.04. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $24.00 and a one year high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last posted 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). 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 for the quarter, compared to analyst estimates of $25.93 million. Analysts anticipate 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 firm also recently declared a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Friday, April 4th will be given a $0.42 dividend. The ex-dividend date is Friday, April 4th. This represents a $1.68 annualized dividend and a yield of 5.75%. This is an increase 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%.

Analysts Set New Price Targets

A number of research firms recently weighed in on HASI. The Goldman Sachs Group decreased their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a "neutral" rating for the company in a report on Tuesday, December 17th. Truist Financial initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They issued a "buy" rating and a $40.00 price target for the company. Citigroup raised Hannon Armstrong Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 price objective on the stock in a research note on Wednesday, January 8th. Bank of America assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They issued a "buy" rating and a $40.00 target price on the stock. Finally, JPMorgan Chase & Co. lowered their price target 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 equities research analyst has rated the stock with a sell rating, one has given a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital currently has an average 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.