Advisory Research Inc. Acquires 4,708 Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Advisory Research Inc. boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 40.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,435 shares of the real estate investment trust’s stock after acquiring an additional 4,708 shares during the quarter. Advisory Research Inc.’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $922,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bond & Devick Financial Network Inc. grew its stake in Hannon Armstrong Sustainable Infrastructure Capital by 5.4% during the first quarter. Bond & Devick Financial Network Inc. now owns 4,330 shares of the real estate investment trust’s stock worth $243,000 after buying an additional 220 shares during the last quarter. JustInvest LLC lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.1% during the first quarter. JustInvest LLC now owns 6,483 shares of the real estate investment trust’s stock worth $364,000 after purchasing an additional 256 shares in the last quarter. Catalyst Capital Advisors LLC lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 66.7% during the first quarter. Catalyst Capital Advisors LLC now owns 650 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 260 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 1.1% during the fourth quarter. State Board of Administration of Florida Retirement System now owns 24,999 shares of the real estate investment trust’s stock worth $1,586,000 after purchasing an additional 270 shares in the last quarter. Finally, Doheny Asset Management CA lifted its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 0.6% during the fourth quarter. Doheny Asset Management CA now owns 53,433 shares of the real estate investment trust’s stock worth $3,389,000 after purchasing an additional 293 shares in the last quarter. 80.83% of the stock is currently owned by institutional investors and hedge funds.

HASI has been the topic of several analyst reports. Bank of America restated an “underperform” rating and issued a $54.00 price objective (down from $63.00) on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Wednesday, May 5th. BTIG Research increased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $50.00 to $65.00 and gave the company a “buy” rating in a report on Friday, February 19th. JPMorgan Chase & Co. lowered their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $74.00 to $66.00 and set an “overweight” rating for the company in a research note on Monday, March 8th. Robert W. Baird upped their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $58.00 to $61.00 and gave the company an “outperform” rating in a research note on Monday, February 22nd. Finally, Zacks Investment Research downgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a research note on Tuesday, May 11th. Two analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $58.56.

Shares of HASI stock opened at $52.12 on Friday. The stock’s fifty day moving average is $51.10. The company has a debt-to-equity ratio of 1.56, a current ratio of 19.85 and a quick ratio of 19.85. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 12-month low of $27.00 and a 12-month high of $72.42. The company has a market capitalization of $4.10 billion, a P/E ratio of 38.04, a price-to-earnings-growth ratio of 4.32 and a beta of 1.79.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Monday, May 3rd. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.03. Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 55.18% and a return on equity of 8.42%. As a group, sell-side analysts predict that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 1.46 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 9th. Investors of record on Friday, July 2nd will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date is Thursday, July 1st. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 104.48%.

In related news, CEO Jeffrey Eckel sold 50,000 shares of the firm’s stock in a transaction on Monday, March 22nd. The shares were sold at an average price of $53.89, for a total value of $2,694,500.00. Following the completion of the transaction, the chief executive officer now owns 121,650 shares of the company’s stock, valued at $6,555,718.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last ninety days, insiders sold 113,734 shares of company stock valued at $5,599,177. 3.40% of the stock is owned by insiders.

Hannon Armstrong Sustainable Infrastructure Capital Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include energy efficiency projects that reduce a buildings or facilities energy usage or cost through the use of solar generation, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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Institutional Ownership by Quarter for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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