ProShare Advisors LLC Sells 5,188 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

ProShare Advisors LLC decreased its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 23.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,991 shares of the real estate investment trust’s stock after selling 5,188 shares during the quarter. ProShare Advisors LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $503,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Macroview Investment Management LLC acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at $31,000. Scarborough Advisors LLC acquired a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital during the fourth quarter valued at about $40,000. Plato Investment Management Ltd bought a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the first quarter worth about $49,000. Addison Advisors LLC raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 28.1% in the 2nd quarter. Addison Advisors LLC now owns 2,642 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 580 shares during the last quarter. Finally, Summit Securities Group LLC bought a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 2nd quarter valued at about $90,000. 96.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Morgan Stanley boosted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the stock an “overweight” rating in a report on Wednesday, July 31st. Baird R W raised Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research report on Friday. The Goldman Sachs Group lifted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Robert W. Baird raised their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Mizuho upped their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the stock an “outperform” rating in a research report on Friday, July 26th. Two analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital currently has an average rating of “Buy” and a consensus price target of $39.25.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 0.2 %

NYSE:HASI opened at $34.47 on Tuesday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12 month low of $13.22 and a 12 month high of $36.15. The company has a current ratio of 13.27, a quick ratio of 13.27 and a debt-to-equity ratio of 1.77. The firm’s 50 day moving average is $32.57 and its 200 day moving average is $30.34. The stock has a market capitalization of $3.93 billion, a PE ratio of 16.73, a price-to-earnings-growth ratio of 1.30 and a beta of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last issued its earnings results on Thursday, August 1st. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.12. The firm had revenue of $94.52 million for the quarter, compared to analyst estimates 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 in the previous year, the company posted $0.53 earnings per share. Sell-side analysts expect that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.23 earnings per share for the current year.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Stockholders 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 annualized dividend and a dividend yield of 4.82%. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 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.