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

Vontobel Holding Ltd. boosted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 6.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,426,174 shares of the real estate investment trust’s stock after purchasing an additional 83,106 shares during the quarter. Vontobel Holding Ltd. owned about 1.20% of Hannon Armstrong Sustainable Infrastructure Capital worth $38,264,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wellington Management Group LLP raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3.9% in the third 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 increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 1.0% during 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 raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 2.1% in the 3rd 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 purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter worth approximately $73,622,000. Finally, FMR LLC boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 12.2% during 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 purchasing an additional 125,387 shares in the last quarter. 96.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on HASI shares. Bank of America assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They issued a “buy” rating and a $40.00 price objective for the company. StockNews.com downgraded Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. The Goldman Sachs Group cut their target price on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 17th. Citigroup upgraded shares of 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 report on Wednesday, January 8th. Finally, Truist Financial initiated coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Thursday, February 6th. They set a “buy” rating and a $40.00 price objective for the company. One research analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and an average price target of $40.23.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of HASI opened at $27.92 on Friday. 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 stock has a 50-day moving average of $27.99 and a two-hundred day moving average of $30.90. The stock has a market cap of $3.31 billion, a P/E ratio of 15.69, a P/E/G ratio of 1.06 and a beta of 1.95. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $23.66 and a one year high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last released its earnings results on Thursday, February 13th. The real estate investment trust reported $0.57 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 11.53% and a net margin of 59.56%. As a group, research analysts predict that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.2 EPS for the current year.

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.