Union Bancaire Privee UBP SA Acquires Shares of 10,844 Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Union Bancaire Privee UBP SA bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 10,844 shares of the real estate investment trust’s stock, valued at approximately $278,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Legend Financial Advisors Inc. acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter worth approximately $27,000. Blue Trust Inc. lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 57.8% during the 4th quarter. Blue Trust Inc. now owns 1,076 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 394 shares during the last quarter. Roxbury Financial LLC acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter worth approximately $39,000. Allworth Financial LP boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 1,267.2% in the 4th quarter. Allworth Financial LP now owns 1,709 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 1,584 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 3rd quarter valued at $60,000. Institutional investors own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 1.1 %

Shares of HASI stock opened at $28.36 on Tuesday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $24.00 and a fifty-two week high of $36.56. The stock’s fifty day moving average price is $27.68 and its two-hundred day moving average price is $30.72. 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 company has a market cap of $3.38 billion, a PE ratio of 17.95, a P/E/G ratio of 1.06 and a beta of 1.95.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) 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). The business had revenue of $37.74 million during the quarter, compared to analyst estimates of $25.93 million. Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 52.15% and a return on equity of 11.84%. Equities analysts predict 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 company also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Friday, April 4th will be issued a dividend of $0.42 per share. 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. This represents a $1.68 annualized dividend and a dividend yield of 5.92%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 106.33%.

Analysts Set New Price Targets

HASI has been the subject of a number of research reports. Citigroup raised Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 target price for the company in a report on Wednesday, January 8th. Bank of America began 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. Truist Financial assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 6th. They set a “buy” rating and a $40.00 target price on the stock. StockNews.com downgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. Finally, The Goldman Sachs Group cut their price target on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $40.23.

Hannon Armstrong Sustainable Infrastructure Capital 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.