Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Holdings Raised by Vontobel Holding Ltd.

Vontobel Holding Ltd. boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 6.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,426,174 shares of the real estate investment trust's stock after buying an additional 83,106 shares during the period. Vontobel Holding Ltd. owned approximately 1.20% of Hannon Armstrong Sustainable Infrastructure Capital worth $38,264,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Legend Financial Advisors Inc. purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at approximately $27,000. Blue Trust Inc. raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 57.8% during the fourth quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust's stock valued at $29,000 after purchasing an additional 394 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter valued at approximately $60,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter valued at approximately $73,000. Finally, Covestor Ltd grew its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 31.1% during the third quarter. Covestor Ltd now owns 2,232 shares of the real estate investment trust's stock worth $77,000 after buying an additional 530 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Bank of America assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Monday, November 25th. They set a "buy" rating and a $40.00 price target for the company. StockNews.com downgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research report on Monday, November 11th. Truist Financial assumed 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 for the company. Citigroup raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 price target for the company in a research report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. decreased 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 research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $40.23.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of HASI traded up $1.12 during midday trading on Tuesday, hitting $29.14. 1,750,814 shares of the stock traded hands, compared to its average volume of 1,134,523. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $24.00 and a 1-year high of $36.56. The firm has a market capitalization of $3.45 billion, a PE ratio of 16.37, a price-to-earnings-growth ratio of 1.06 and a beta of 1.95. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.55 and a current ratio of 13.55. The business's 50 day moving average price is $27.80 and its two-hundred day moving average price is $30.79.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last announced its quarterly 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). Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 59.56% and a return on equity of 11.53%. The firm had revenue of $37.74 million for the quarter, compared to analyst estimates of $25.93 million. Equities research analysts predict that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.2 EPS for the current fiscal year.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The company 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. This is an increase from Hannon Armstrong Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. The ex-dividend date is Friday, April 4th. This represents a $1.68 annualized dividend and a dividend yield of 5.77%. Hannon Armstrong Sustainable Infrastructure Capital's payout ratio is 93.26%.

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.