Gilman Hill Asset Management LLC lessened its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 95.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,237 shares of the real estate investment trust’s stock after selling 127,535 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $350,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 4.5% during the 4th quarter. BlackRock Inc. now owns 6,356,336 shares of the real estate investment trust’s stock worth $403,180,000 after acquiring an additional 272,585 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 0.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,499,367 shares of the real estate investment trust’s stock worth $221,965,000 after buying an additional 24,502 shares during the last quarter. Handelsbanken Fonder AB grew its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 59.9% in the fourth quarter. Handelsbanken Fonder AB now owns 1,900,156 shares of the real estate investment trust’s stock valued at $120,527,000 after acquiring an additional 711,929 shares in the last quarter. Stifel Financial Corp lifted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 18.8% during the fourth quarter. Stifel Financial Corp now owns 1,003,964 shares of the real estate investment trust’s stock worth $63,681,000 after acquiring an additional 158,857 shares during the period. Finally, Norges Bank purchased a new position in Hannon Armstrong Sustainable Infrastructure Capital in the fourth quarter worth $51,822,000. 77.72% of the stock is currently owned by hedge funds and other institutional investors.

In other Hannon Armstrong Sustainable Infrastructure Capital news, EVP Nathaniel Rose sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 8th. The stock was sold at an average price of $51.90, for a total transaction of $519,000.00. Following the completion of the transaction, the executive vice president now owns 185,507 shares of the company’s stock, valued at approximately $9,627,813.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Simone Lagomarsino acquired 1,000 shares of the company’s stock in a transaction on Tuesday, March 9th. The stock was acquired at an average price of $55.21 per share, with a total value of $55,210.00. The disclosure for this purchase can be found here. 3.40% of the stock is owned by insiders.

HASI stock opened at $51.82 on Wednesday. The company has a current ratio of 34.85, a quick ratio of 34.85 and a debt-to-equity ratio of 1.99. The stock has a market cap of $4.08 billion, a price-to-earnings ratio of 36.24, a price-to-earnings-growth ratio of 7.86 and a beta of 1.84. The company’s 50 day moving average is $54.72 and its 200 day moving average is $55.78. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $24.76 and a 1-year high of $72.42.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings results on Wednesday, February 17th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.03. Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 58.73% and a return on equity of 9.07%. As a group, sell-side analysts forecast that Hannon Armstrong Sustainable Infrastructure Capital, Inc. will post 1.28 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 12th. Stockholders of record on Monday, April 5th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date was Thursday, April 1st. This is a positive change from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.34. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is 118.64%.

HASI has been the subject of several research reports. Morgan Stanley reduced their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $62.00 to $60.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 16th. Robert W. Baird increased their price target on Hannon Armstrong Sustainable Infrastructure Capital from $58.00 to $61.00 and gave the stock an “outperform” rating in a research note on Monday, February 22nd. BTIG Research boosted their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $50.00 to $65.00 and gave the company a “buy” rating in a research 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 on the stock in a report on Monday, March 8th. Finally, Zacks Investment Research upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “buy” rating and set a $64.00 price target for the company in a research report on Wednesday, February 24th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $57.33.

About Hannon Armstrong Sustainable Infrastructure Capital

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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