Marshall Wace LLP Acquires 94,751 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Marshall Wace LLP raised its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 107.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 183,305 shares of the real estate investment trust’s stock after acquiring an additional 94,751 shares during the period. Marshall Wace LLP owned about 0.16% of Hannon Armstrong Sustainable Infrastructure Capital worth $5,426,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. First Affirmative Financial Network boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.3% during the second quarter. First Affirmative Financial Network now owns 7,745 shares of the real estate investment trust’s stock valued at $229,000 after purchasing an additional 391 shares in the last quarter. Los Angeles Capital Management LLC boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.2% during the second quarter. Los Angeles Capital Management LLC now owns 8,082 shares of the real estate investment trust’s stock valued at $239,000 after purchasing an additional 401 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.5% in the second quarter. Nisa Investment Advisors LLC now owns 29,138 shares of the real estate investment trust’s stock worth $862,000 after acquiring an additional 432 shares during the period. Harrington Investments INC lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 3.8% in the second quarter. Harrington Investments INC now owns 12,324 shares of the real estate investment trust’s stock worth $365,000 after acquiring an additional 450 shares during the period. Finally, Congress Asset Management Co. MA lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.4% in the first quarter. Congress Asset Management Co. MA now owns 38,856 shares of the real estate investment trust’s stock worth $1,103,000 after acquiring an additional 532 shares during the period. Institutional investors own 96.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Jefferies Financial Group assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Wednesday, September 4th. They issued a “buy” rating and a $39.00 price objective on the stock. Baird R W raised Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a research note on Friday, September 27th. Royal Bank of Canada assumed coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, September 3rd. They issued an “outperform” rating and a $41.00 price objective on the stock. Morgan Stanley lifted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st. Finally, Robert W. Baird boosted their price target on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an “outperform” rating in a research note on Friday, September 27th. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $39.25.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 3.1 %

NYSE HASI opened at $33.39 on Wednesday. The company has a market cap of $3.81 billion, a price-to-earnings ratio of 16.21, a P/E/G ratio of 1.30 and a beta of 1.98. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 52 week low of $13.22 and a 52 week high of $36.15. The business has a 50 day moving average price of $32.63 and a 200-day moving average price of $30.41. The company has a quick ratio of 13.27, a current ratio of 13.27 and a debt-to-equity ratio of 1.77.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last released its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.63 EPS for the quarter, beating the consensus estimate of $0.51 by $0.12. The firm had revenue of $94.52 million during 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 quarter in the previous year, the company posted $0.53 earnings per share. As a group, equities analysts expect that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 2.23 earnings per share for the current fiscal year.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Friday, October 4th will be issued a dividend of $0.415 per share. The ex-dividend date is Friday, October 4th. This represents a $1.66 annualized dividend and a dividend yield of 4.97%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is 80.58%.

About Hannon Armstrong Sustainable Infrastructure Capital

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.