Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,245,195 shares of the real estate investment trust's stock after acquiring an additional 156,695 shares during the quarter. Vanguard Group Inc. owned 11.18% of Hannon Armstrong Sustainable Infrastructure Capital worth $355,369,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Cerity Partners LLC raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 24.4% during the 3rd quarter. Cerity Partners LLC now owns 21,846 shares of the real estate investment trust's stock worth $753,000 after purchasing an additional 4,282 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.3% in the third quarter. The Manufacturers Life Insurance Company now owns 65,812 shares of the real estate investment trust's stock valued at $2,269,000 after purchasing an additional 2,713 shares during the period. FMR LLC grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 12.2% in the 3rd quarter. FMR LLC now owns 1,153,215 shares of the real estate investment trust's stock valued at $39,751,000 after buying an additional 125,387 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 44.9% during 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 last quarter. Finally, Verition Fund Management LLC increased its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 40.5% during the 3rd quarter. Verition Fund Management LLC now owns 11,733 shares of the real estate investment trust's stock worth $404,000 after buying an additional 3,384 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 6.2 %

HASI traded down $1.59 on Tuesday, reaching $24.15. The company's stock had a trading volume of 1,639,703 shares, compared to its average volume of 1,113,889. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $23.69 and a 1 year high of $36.56. The business's 50 day moving average is $28.43 and its 200 day moving average is $29.82. 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 stock has a market cap of $2.92 billion, a price-to-earnings ratio of 15.28, a price-to-earnings-growth ratio of 1.06 and a beta of 1.83.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last released its earnings results on Thursday, February 13th. The real estate investment trust reported $0.57 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.02). The business had revenue of $37.74 million for the quarter, compared to analysts' expectations of $25.93 million. Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 52.15% and a return on equity of 11.84%. As a group, research analysts forecast that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current fiscal year.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Friday, April 4th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.96%. The ex-dividend date of this dividend is Friday, April 4th. 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 is currently 106.33%.

Wall Street Analyst Weigh In

Several brokerages have commented on HASI. The Goldman Sachs Group dropped their price target on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a "neutral" rating for the company in a research note on Tuesday, December 17th. JPMorgan Chase & Co. cut their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an "overweight" rating on the stock in a report on Thursday, January 23rd. Truist Financial started 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 price target on the stock. Citigroup raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 target price on the stock in a research note on Wednesday, January 8th. Finally, Wells Fargo & Company initiated coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, February 27th. They set an "overweight" rating and a $33.00 target price on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, 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 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.