Williamson Legacy Group LLC Takes Position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Williamson Legacy Group LLC acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 28,017 shares of the real estate investment trust’s stock, valued at approximately $752,000.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 42.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 300,587 shares of the real estate investment trust’s stock worth $10,361,000 after buying an additional 89,126 shares during the last quarter. Pallas Capital Advisors LLC acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the 4th quarter worth about $2,451,000. Harbor Capital Advisors Inc. boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 42.4% in the 4th quarter. Harbor Capital Advisors Inc. now owns 71,995 shares of the real estate investment trust’s stock worth $1,932,000 after buying an additional 21,446 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 16.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 197,921 shares of the real estate investment trust’s stock worth $6,822,000 after buying an additional 27,529 shares during the last quarter. Finally, Creative Planning acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter worth about $548,000. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HASI has been the topic of several research analyst reports. Truist Financial initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, February 6th. They issued a “buy” rating and a $40.00 price objective on the stock. The Goldman Sachs Group decreased their target price on shares of 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. JPMorgan Chase & Co. decreased their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating on the stock in a research note on Thursday, January 23rd. Citigroup raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 target price on the stock in a research note on Wednesday, January 8th. Finally, StockNews.com lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. One 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 given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $39.71.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 0.9 %

HASI stock opened at $28.73 on Friday. The firm has a market cap of $3.43 billion, a PE ratio of 18.18, a PEG 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. The firm’s 50 day moving average price is $27.78 and its 200-day moving average price is $30.68. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $24.00 and a one year high of $36.56.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last released its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $0.57 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.02). The firm had revenue of $37.74 million for the quarter, compared to analysts’ expectations of $25.93 million. Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 52.15% and a return on equity of 11.84%. On average, equities research analysts anticipate that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current year.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, April 4th will be given a $0.42 dividend. This is a positive change from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Friday, April 4th. This represents a $1.68 dividend on an annualized basis and a yield of 5.85%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is presently 106.33%.

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.