6 days Ago By ABMN Staff
Vanguard Group Inc. increased its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. ( NYSE:HASI – Free Report ) by 1.
2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,245,195 shares of the real estate investment trust’s stock after purchasing 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 hedge funds and other institutional investors have also recently made changes to their positions in the company.
Legend Financial Advisors Inc. acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at approximately $27,000. Blue Trust Inc.
grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 57.8% during 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 raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 46.7% in the fourth quarter.
Smartleaf Asset Management LLC now owns 1,380 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 439 shares during the last quarter. Roxbury Financial LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at $39,000. Finally, Allworth Financial LP boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1,267.
2% during the fourth quarter. Allworth Financial LP now owns 1,709 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 1,584 shares during the last quarter. Institutional investors and hedge funds own 96.
14% of the company’s stock. Wall Street Analyst Weigh In Several equities research analysts have recently issued reports on the company. Wells Fargo & Company started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, February 27th.
They set an “overweight” rating and a $33.00 price objective on the stock. The Goldman Sachs Group dropped 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. JPMorgan Chase & Co.
reduced their target price on 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.
Citigroup upgraded 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 report on Wednesday, January 8th. 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 on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company.
Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $39.71.
Hannon Armstrong Sustainable Infrastructure Capital Stock Down 0.5 % Shares of Hannon Armstrong Sustainable Infrastructure Capital stock opened at $29.05 on Friday.
The business’s 50 day simple moving average is $28.63 and its 200-day simple moving average is $30.13.
Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $24.00 and a twelve month high of $36.
56. The stock has a market capitalization of $3.47 billion, a price-to-earnings ratio of 18.
39, a PEG ratio of 1.06 and a beta of 2.04.
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 ( NYSE:HASI – Get Free Report ) last issued 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).
The firm had revenue of $37.74 million for the quarter, compared to analyst estimates of $25.93 million.
Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 52.15% and a return on equity of 11.84%.
Equities research analysts forecast 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 company also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, April 4th will be paid a dividend of $0.42 per share.
The ex-dividend date of this dividend is Friday, April 4th. This is a positive change from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42.
This represents a $1.68 dividend on an annualized basis and a yield of 5.78%.
Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is currently 106.33%. About Hannon Armstrong Sustainable Infrastructure Capital ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding HASI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hannon Armstrong Sustainable Infrastructure Capital, Inc.
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