Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Stock Holdings Decreased by Federated Hermes Inc.

Federated Hermes Inc. reduced its position in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 13.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 323,207 shares of the real estate investment trust’s stock after selling 49,621 shares during the period. Federated Hermes Inc. owned about 0.28% of Hannon Armstrong Sustainable Infrastructure Capital worth $9,567,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Macroview Investment Management LLC acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the second quarter worth approximately $31,000. Scarborough Advisors LLC acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter valued at approximately $40,000. Plato Investment Management Ltd bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the first quarter valued at approximately $49,000. Addison Advisors LLC raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 28.1% in the second quarter. Addison Advisors LLC now owns 2,642 shares of the real estate investment trust’s stock valued at $78,000 after purchasing an additional 580 shares during the period. Finally, Quadrant Capital Group LLC raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 50.3% in the fourth quarter. Quadrant Capital Group LLC now owns 2,998 shares of the real estate investment trust’s stock valued at $83,000 after purchasing an additional 1,003 shares during the period. 96.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on HASI. B. Riley raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research report on Tuesday, June 25th. Jefferies Financial Group began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Wednesday, September 4th. They issued a “buy” rating and a $39.00 price target on the stock. Royal Bank of Canada assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Tuesday, September 3rd. They set an “outperform” rating and a $41.00 target price on the stock. JPMorgan Chase & Co. upped their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $39.00 to $42.00 and gave the company an “overweight” rating in a research note on Tuesday, July 16th. Finally, Mizuho upped their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Two investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $37.67.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 1.4 %

Shares of HASI stock opened at $35.25 on Wednesday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52-week low of $13.22 and a 52-week high of $35.36. The stock has a market cap of $4.02 billion, a price-to-earnings ratio of 17.11, a P/E/G ratio of 1.25 and a beta of 1.98. The company has a debt-to-equity ratio of 1.77, a quick ratio of 13.27 and a current ratio of 13.27. The firm has a fifty day moving average of $32.12 and a 200-day moving average of $29.84.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.12. Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 69.21% and a return on equity of 12.13%. The company had revenue of $94.52 million during the quarter, compared to analysts’ expectations of $30.97 million. During the same quarter in the prior year, the company posted $0.53 EPS. On average, equities research analysts forecast that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.24 earnings per share for the current fiscal year.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Friday, October 4th will be given a dividend of $0.415 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date of this dividend is Friday, October 4th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 80.58%.

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.