Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale lessened its position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 0.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 156,985 shares of the real estate investment trust’s stock after selling 1,258 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $5,348,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in HASI. Swedbank AB grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 6.8% during the 2nd quarter. Swedbank AB now owns 4,020,665 shares of the real estate investment trust’s stock valued at $119,012,000 after buying an additional 257,233 shares during the last quarter. Tidal Investments LLC boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 48.0% during the first quarter. Tidal Investments LLC now owns 81,728 shares of the real estate investment trust’s stock valued at $2,321,000 after acquiring an additional 26,508 shares during the last quarter. Abundance Wealth Counselors purchased a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 2nd quarter worth about $1,110,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 38.4% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 837,163 shares of the real estate investment trust’s stock valued at $23,775,000 after purchasing an additional 232,351 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 77.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 52,828 shares of the real estate investment trust’s stock valued at $1,500,000 after purchasing an additional 23,063 shares in the last quarter. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Hannon Armstrong Sustainable Infrastructure Capital Stock Down 0.1 %

HASI opened at $34.99 on Friday. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1 year low of $16.80 and a 1 year high of $36.15. The firm has a 50 day moving average price of $33.94 and a 200 day moving average price of $31.56. 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 company has a market cap of $4.07 billion, a PE ratio of 16.27, a price-to-earnings-growth ratio of 1.28 and a beta of 1.98.

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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.12. The company had revenue of $94.52 million during the quarter, compared to analyst estimates of $30.97 million. Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 69.21% and a return on equity of 12.13%. During the same quarter in the prior year, the business earned $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.

Wall Street Analysts Forecast Growth

HASI has been the subject of a number of analyst reports. Robert W. Baird boosted their price objective 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, September 27th. JPMorgan Chase & Co. increased their price target on Hannon Armstrong Sustainable Infrastructure Capital from $39.00 to $42.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 16th. The Goldman Sachs Group lifted their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Royal Bank of Canada began coverage on 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. Finally, Baird R W upgraded Hannon Armstrong Sustainable Infrastructure Capital to a “strong-buy” rating in a report on Friday, September 27th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $39.83.

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.