Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd lessened its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 15.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,892 shares of the real estate investment trust’s stock after selling 4,595 shares during the quarter. WINTON GROUP Ltd’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $695,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Cerity Partners LLC raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 24.4% in the third quarter. Cerity Partners LLC now owns 21,846 shares of the real estate investment trust’s stock valued at $753,000 after purchasing an additional 4,282 shares during the period. The Manufacturers Life Insurance Company raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 4.3% in the 3rd 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 buying an additional 2,713 shares during the period. FMR LLC lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 12.2% in the third 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 last quarter. Quantbot Technologies LP purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital during the third quarter worth about $1,308,000. Finally, BNP Paribas Financial Markets increased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 27.6% during the third quarter. BNP Paribas Financial Markets now owns 201,739 shares of the real estate investment trust’s stock valued at $6,954,000 after acquiring an additional 43,672 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Hannon Armstrong Sustainable Infrastructure Capital Price Performance

Shares of HASI opened at $29.42 on Friday. The company has a current ratio of 11.25, a quick ratio of 13.55 and a debt-to-equity ratio of 1.83. The firm’s fifty day simple moving average is $28.48 and its 200-day simple moving average is $30.24. The firm has a market capitalization of $3.51 billion, a price-to-earnings ratio of 18.62, a PEG ratio of 1.06 and a beta of 2.04. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a twelve month low of $24.00 and a twelve month high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) 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 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 business had revenue of $37.74 million for the quarter, compared to analysts’ expectations of $25.93 million. Equities 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 declared a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Friday, April 4th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 5.71%. 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. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is 106.33%.

Analyst Ratings Changes

HASI has been the topic of a number of research analyst reports. JPMorgan Chase & Co. decreased their price objective 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. Wells Fargo & Company initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 27th. They issued an “overweight” rating and a $33.00 target price on the stock. Citigroup upgraded 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. The Goldman Sachs Group cut their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Tuesday, December 17th. Finally, Truist Financial assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, February 6th. They set a “buy” rating and a $40.00 target price for the company. One analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $39.71.

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.