NBW Capital LLC Sells 5,699 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

NBW Capital LLC lessened its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 2.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 224,879 shares of the real estate investment trust’s stock after selling 5,699 shares during the period. NBW Capital LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $6,034,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Amalgamated Bank boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 1.1% during the fourth quarter. Amalgamated Bank now owns 34,501 shares of the real estate investment trust’s stock worth $926,000 after buying an additional 377 shares during the last quarter. Blue Trust Inc. boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 57.8% during the fourth quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 394 shares during the last quarter. Mutual of America Capital Management LLC boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 2.5% during the fourth quarter. Mutual of America Capital Management LLC now owns 17,947 shares of the real estate investment trust’s stock worth $482,000 after buying an additional 432 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 46.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,380 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 439 shares during the last quarter. Finally, Truist Financial Corp boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 5.1% during the fourth quarter. Truist Financial Corp now owns 9,293 shares of the real estate investment trust’s stock worth $249,000 after buying an additional 449 shares during the last quarter. Institutional investors own 96.14% of the company’s stock.

Analyst Upgrades and Downgrades

HASI has been the topic of a number of recent analyst reports. StockNews.com cut Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Monday, November 11th. Wells Fargo & Company began 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. Truist Financial began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, February 6th. They set a “buy” rating and a $40.00 price objective on the stock. Bank of America began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They set a “buy” rating and a $40.00 price objective on the stock. Finally, JPMorgan Chase & Co. cut their price objective 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. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $39.71.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 3.3 %

Shares of Hannon Armstrong Sustainable Infrastructure Capital stock opened at $27.78 on Tuesday. The business’s 50 day simple moving average is $27.80 and its 200 day simple moving average is $30.67. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52-week low of $24.00 and a 52-week high of $36.56. The firm has a market cap of $3.31 billion, a PE ratio of 17.58, a P/E/G ratio of 1.06 and a beta of 1.95. The company has a debt-to-equity ratio of 1.83, a quick ratio of 13.55 and a current ratio of 11.25.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last announced its 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 net margin of 52.15% and a return on equity of 11.84%. The firm had revenue of $37.74 million during the quarter, compared to analyst estimates of $25.93 million. On average, analysts predict that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current fiscal year.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, April 4th will be given a dividend of $0.42 per share. This is a positive change from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. The ex-dividend date is Friday, April 4th. This represents a $1.68 annualized dividend and a dividend yield of 6.05%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 106.33%.

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.