SG Americas Securities LLC Purchases New Stake in Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI)

SG Americas Securities LLC purchased a new position in shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,167 shares of the real estate investment trust’s stock, valued at approximately $101,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Baird Financial Group Inc. grew its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 71.0% during the fourth quarter. Baird Financial Group Inc. now owns 170,483 shares of the real estate investment trust’s stock worth $4,102,000 after buying an additional 70,787 shares in the last quarter. AllSquare Wealth Management LLC bought a new position in shares of Hannon Armstrong Sustnbl Infrstr Cap during the fourth quarter worth about $171,000. Teachers Advisors LLC grew its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 386.2% during the fourth quarter. Teachers Advisors LLC now owns 426,796 shares of the real estate investment trust’s stock worth $10,269,000 after buying an additional 339,010 shares in the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 5.1% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 251,216 shares of the real estate investment trust’s stock worth $6,045,000 after buying an additional 12,299 shares in the last quarter. Finally, Phocas Financial Corp. bought a new position in shares of Hannon Armstrong Sustnbl Infrstr Cap during the fourth quarter worth about $3,864,000. 71.80% of the stock is currently owned by institutional investors.

Hannon Armstrong Sustnbl Infrstr Cap opened at $18.67 on Wednesday, Marketbeat reports. The company has a quick ratio of 38.94, a current ratio of 38.94 and a debt-to-equity ratio of 2.28. The company has a market capitalization of $993.15 million, a price-to-earnings ratio of 17.78, a P/E/G ratio of 2.59 and a beta of 0.83. Hannon Armstrong Sustnbl Infrstr Cap Inc has a twelve month low of $17.33 and a twelve month high of $25.28.

Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) last posted its quarterly earnings results on Thursday, May 3rd. The real estate investment trust reported $0.27 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.04). The company had revenue of $9.20 million during the quarter, compared to the consensus estimate of $10.24 million. Hannon Armstrong Sustnbl Infrstr Cap had a net margin of 20.45% and a return on equity of 8.40%. research analysts predict that Hannon Armstrong Sustnbl Infrstr Cap Inc will post 1.11 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 12th. Shareholders of record on Thursday, July 5th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Tuesday, July 3rd. This represents a $1.32 dividend on an annualized basis and a yield of 7.07%. Hannon Armstrong Sustnbl Infrstr Cap’s dividend payout ratio is 125.71%.

In other Hannon Armstrong Sustnbl Infrstr Cap news, insider Jeffrey Eckel bought 2,250 shares of Hannon Armstrong Sustnbl Infrstr Cap stock in a transaction dated Monday, May 21st. The stock was bought at an average cost of $18.62 per share, for a total transaction of $41,895.00. Following the purchase, the insider now owns 877,520 shares of the company’s stock, valued at approximately $16,339,422.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mark Cirilli bought 5,555 shares of Hannon Armstrong Sustnbl Infrstr Cap stock in a transaction dated Thursday, June 7th. The shares were acquired at an average price of $18.15 per share, with a total value of $100,823.25. Following the completion of the purchase, the director now directly owns 67,947 shares in the company, valued at approximately $1,233,238.05. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 22,435 shares of company stock valued at $411,277. Corporate insiders own 5.30% of the company’s stock.

HASI has been the subject of a number of research reports. Cowen set a $28.00 price objective on Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a report on Thursday, February 22nd. B. Riley set a $26.00 price objective on Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a report on Thursday, February 22nd. UBS Group initiated coverage on Hannon Armstrong Sustnbl Infrstr Cap in a report on Thursday, March 15th. They set a “buy” rating and a $21.00 price objective for the company. Zacks Investment Research upgraded Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating in a report on Thursday, May 10th. Finally, Robert W. Baird reiterated an “outperform” rating and set a $26.00 price objective (down from $30.00) on shares of Hannon Armstrong Sustnbl Infrstr Cap in a report on Thursday, February 22nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $25.89.

About Hannon Armstrong Sustnbl Infrstr Cap

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 building's or facility's energy usage or cost through enhancing or installing various building components, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

Institutional Ownership by Quarter for Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI)

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