NBW Capital LLC Raises Stock Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

NBW Capital LLC boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 3.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 179,929 shares of the real estate investment trust’s stock after buying an additional 5,175 shares during the period. NBW Capital LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $5,110,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Congress Asset Management Co. MA boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.4% in the 1st quarter. Congress Asset Management Co. MA now owns 38,856 shares of the real estate investment trust’s stock worth $1,103,000 after purchasing an additional 532 shares in the last quarter. Addison Advisors LLC raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 56.7% in the 4th quarter. Addison Advisors LLC now owns 1,970 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 713 shares during the last quarter. Bard Associates Inc. lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.1% in the fourth quarter. Bard Associates Inc. now owns 18,124 shares of the real estate investment trust’s stock worth $507,000 after buying an additional 720 shares in the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 0.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 162,166 shares of the real estate investment trust’s stock valued at $4,473,000 after buying an additional 758 shares during the last quarter. Finally, Everett Harris & Co. CA raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 5.8% in the 1st quarter. Everett Harris & Co. CA now owns 14,600 shares of the real estate investment trust’s stock worth $415,000 after acquiring an additional 800 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. JPMorgan Chase & Co. lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $39.00 to $42.00 and gave the stock an “overweight” rating in a report on Tuesday, July 16th. B. Riley upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research note on Tuesday, June 25th. TD Cowen lifted their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, May 13th. Morgan Stanley increased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, StockNews.com raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Wednesday, May 1st. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $35.64.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

NYSE:HASI traded down $0.98 during mid-day trading on Friday, hitting $31.14. 1,574,354 shares of the company traded hands, compared to its average volume of 1,196,325. The stock’s fifty day moving average price is $31.36 and its 200-day moving average price is $28.01. The company has a quick ratio of 15.61, a current ratio of 15.60 and a debt-to-equity ratio of 1.87. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $13.22 and a one year high of $34.00. The firm has a market cap of $3.55 billion, a price-to-earnings ratio of 15.12, a price-to-earnings-growth ratio of 1.20 and a beta of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.63 EPS for the quarter, beating the consensus estimate of $0.51 by $0.12. The firm had revenue of $94.52 million for the quarter, compared to the consensus estimate of $30.97 million. Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 69.21% and a return on equity of 12.34%. During the same period last year, the firm earned $0.53 EPS. Research analysts anticipate that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.23 earnings per share for the current fiscal year.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 12th. Stockholders of record on Wednesday, July 3rd were paid a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date was Wednesday, July 3rd. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 80.58%.

About Hannon Armstrong Sustainable Infrastructure Capital

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.