Oregon Public Employees Retirement Fund Buys 500 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Oregon Public Employees Retirement Fund lifted its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 1.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,910 shares of the real estate investment trust’s stock after acquiring an additional 500 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $749,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Wellington Management Group LLP raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3.9% in the 3rd quarter. Wellington Management Group LLP now owns 13,206,158 shares of the real estate investment trust’s stock worth $455,216,000 after acquiring an additional 491,585 shares in the last quarter. State Street Corp increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 1.0% during the 3rd quarter. State Street Corp now owns 4,426,317 shares of the real estate investment trust’s stock valued at $152,575,000 after buying an additional 42,762 shares in the last quarter. Geode Capital Management LLC increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 2,636,884 shares of the real estate investment trust’s stock valued at $90,912,000 after buying an additional 53,799 shares in the last quarter. Bank of New York Mellon Corp increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 37.5% during the 4th quarter. Bank of New York Mellon Corp now owns 2,208,894 shares of the real estate investment trust’s stock valued at $59,265,000 after buying an additional 602,456 shares in the last quarter. Finally, Erste Asset Management GmbH acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital during the 3rd quarter valued at about $73,622,000. 96.14% of the stock is owned by institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 0.9 %

Shares of HASI opened at $28.73 on Monday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52 week low of $24.00 and a 52 week high of $36.56. The company has a quick ratio of 13.55, a current ratio of 11.25 and a debt-to-equity ratio of 1.83. The company has a market capitalization of $3.43 billion, a price-to-earnings ratio of 18.18, a PEG ratio of 1.06 and a beta of 1.95. The stock’s 50-day moving average price is $27.80 and its 200-day moving average price is $30.67.

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

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 18th. Stockholders of record on Friday, April 4th will be paid a $0.42 dividend. This is an increase 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 dividend yield of 5.85%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is presently 106.33%.

Analyst Ratings Changes

Several brokerages recently issued reports on HASI. JPMorgan Chase & Co. reduced their target price on Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating on the stock in a research report on Thursday, January 23rd. Bank of America began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Monday, November 25th. They set a “buy” rating and a $40.00 target price on the stock. Wells Fargo & Company began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday. They set an “overweight” rating and a $33.00 target price on the stock. StockNews.com lowered Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. Finally, 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. One analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital has an average rating of “Moderate Buy” and a consensus target price of $39.71.

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.