Values Added Financial LLC raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 93.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,278 shares of the real estate investment trust’s stock after acquiring an additional 8,809 shares during the period. Values Added Financial LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $490,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. Wellington Management Group LLP lifted its position in Hannon Armstrong Sustainable Infrastructure Capital by 3.9% in the 3rd quarter. Wellington Management Group LLP now owns 13,206,158 shares of the real estate investment trust’s stock valued at $455,216,000 after acquiring an additional 491,585 shares in the last quarter. State Street Corp raised its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.0% in the 3rd quarter. State Street Corp now owns 4,426,317 shares of the real estate investment trust’s stock valued at $152,575,000 after purchasing an additional 42,762 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 2.1% in the third quarter. Geode Capital Management LLC now owns 2,636,884 shares of the real estate investment trust’s stock valued at $90,912,000 after purchasing an additional 53,799 shares in the last quarter. Erste Asset Management GmbH acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter worth about $73,622,000. Finally, Vontobel Holding Ltd. grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 6.2% during the fourth quarter. Vontobel Holding Ltd. now owns 1,426,174 shares of the real estate investment trust’s stock worth $38,264,000 after buying an additional 83,106 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
HASI has been the subject of several recent research reports. StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. Truist Financial initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They issued a “buy” rating and a $40.00 price objective on the stock. Bank of America started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They set a “buy” rating and a $40.00 target price for the company. Citigroup upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 price target on the stock in a research note on Wednesday, January 8th. Finally, The Goldman Sachs Group reduced their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating for the company in a research report on Tuesday, December 17th. One analyst has rated the stock with a sell rating, one has given a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $40.23.
Hannon Armstrong Sustainable Infrastructure Capital Price Performance
Shares of NYSE:HASI opened at $27.92 on Friday. The firm has a 50 day moving average of $27.99 and a 200-day moving average of $30.90. The company has a current ratio of 13.55, a quick ratio of 13.55 and a debt-to-equity ratio of 1.78. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12 month low of $23.66 and a 12 month high of $36.56. The stock has a market capitalization of $3.31 billion, a PE ratio of 15.69, a PEG ratio of 1.06 and a beta of 1.95.
Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI – Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $0.57 earnings per share 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%. On average, equities research analysts predict that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.2 EPS for the current fiscal year.
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.
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