Victory Capital Management Inc. Has $695,000 Stock Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Victory Capital Management Inc. lifted its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 2.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,468 shares of the real estate investment trust’s stock after purchasing an additional 642 shares during the quarter. Victory Capital Management Inc.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $695,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Macroview Investment Management LLC acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the second quarter worth about $31,000. Scarborough Advisors LLC acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 4th quarter worth approximately $40,000. Plato Investment Management Ltd acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 1st quarter worth approximately $49,000. Quadrant Capital Group LLC grew its position in Hannon Armstrong Sustainable Infrastructure Capital by 50.3% during the 4th quarter. Quadrant Capital Group LLC now owns 2,998 shares of the real estate investment trust’s stock worth $83,000 after purchasing an additional 1,003 shares in the last quarter. Finally, Summit Securities Group LLC acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter valued at $90,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on HASI. Mizuho lifted their price target on Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the company an “outperform” rating in a report on Friday, July 26th. The Goldman Sachs Group lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the company a “neutral” rating in a research note on Monday, August 5th. Jefferies Financial Group assumed 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 for the company. Royal Bank of Canada initiated 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 price objective on the stock. Finally, B. Riley upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research report on Tuesday, June 25th. 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. According to data from MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.67.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 1.3 %

Hannon Armstrong Sustainable Infrastructure Capital stock opened at $34.65 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $13.22 and a one year high of $36.15. The company’s fifty day moving average price is $32.34 and its two-hundred day moving average price is $30.01. The company has a debt-to-equity ratio of 1.77, a current ratio of 13.27 and a quick ratio of 13.27. The company has a market capitalization of $3.95 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 1.25 and a beta of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.12. The business had revenue of $94.52 million for the quarter, compared to the consensus estimate of $30.97 million. Hannon Armstrong Sustainable Infrastructure Capital had a return on equity of 12.13% and a net margin of 69.21%. During the same period last year, the business earned $0.53 EPS. On average, 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 paid a $0.415 dividend. The ex-dividend date of this dividend is Friday, October 4th. This represents a $1.66 dividend on an annualized basis and a yield of 4.79%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is presently 80.58%.

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.