Spirit of America Management Corp NY maintained its position in Hannon Armstrong Sustainable Infrastructure Capital Inc. (NYSE:HASI) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 450,489 shares of the company’s stock at the end of the third quarter. Hannon Armstrong Sustainable Infrastructure Capital comprises approximately 1.4% of Spirit of America Management Corp NY’s holdings, making the stock its 19th largest position. Spirit of America Management Corp NY owned approximately 1.07% of Hannon Armstrong Sustainable Infrastructure Capital worth $10,528,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HASI. BlackRock Advisors LLC boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 0.4% in the second quarter. BlackRock Advisors LLC now owns 17,524 shares of the company’s stock worth $379,000 after buying an additional 66 shares in the last quarter. Swiss National Bank boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 0.8% in the second quarter. Swiss National Bank now owns 57,834 shares of the company’s stock worth $1,249,000 after buying an additional 434 shares in the last quarter. Teacher Retirement System of Texas boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 5,091 shares of the company’s stock worth $110,000 after buying an additional 617 shares in the last quarter. I.G. Investment Management LTD. boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 0.7% in the second quarter. I.G. Investment Management LTD. now owns 109,049 shares of the company’s stock worth $2,355,000 after buying an additional 766 shares in the last quarter. Finally, Parametric Portfolio Associates LLC boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 8.0% in the second quarter. Parametric Portfolio Associates LLC now owns 12,387 shares of the company’s stock worth $268,000 after buying an additional 921 shares in the last quarter. 69.57% of the stock is currently owned by institutional investors.

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

Hannon Armstrong Sustainable Infrastructure Capital Inc. (NYSE:HASI) traded down 0.77% during trading on Friday, reaching $22.03. 258,933 shares of the company’s stock were exchanged. The stock has a market capitalization of $924.93 million, a PE ratio of 80.99 and a beta of 1.09. The stock has a 50-day moving average of $23.16 and a 200-day moving average of $21.49. Hannon Armstrong Sustainable Infrastructure Capital Inc. has a 52 week low of $15.46 and a 52 week high of $25.21.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported $0.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.02. The company had revenue of $21.85 million for the quarter, compared to analyst estimates of $9.27 million. Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 30.45% and a return on equity of 8.10%. The business’s revenue for the quarter was up 62.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.26 earnings per share. On average, equities research analysts anticipate that Hannon Armstrong Sustainable Infrastructure Capital Inc. will post $1.23 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 13th. Shareholders of record on Wednesday, October 5th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, October 3rd. This represents a $1.20 dividend on an annualized basis and a yield of 5.45%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 413.81%.

A number of analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 5th. Robert W. Baird set a $27.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital and gave the company a “buy” rating in a report on Wednesday, September 21st. Barclays PLC assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday, September 8th. They issued an “overweight” rating and a $27.00 price target on the stock. FBR & Co restated a “buy” rating and issued a $26.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Friday, August 5th. Finally, Wells Fargo & Co. restated a “buy” rating on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Wednesday, July 13th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of “Buy” and an average target price of $25.67.

In other news, CFO J Brendan Herron sold 15,590 shares of the business’s stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $23.55, for a total transaction of $367,144.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 7.20% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Company Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides debt and equity financing to the energy efficiency and renewable energy markets. The Company originates its transactions primarily through programmatic finance relationships with global energy service companies. It also originates transactions with renewable energy manufacturers, developers and operators, and other companies, which own and operate renewable energy projects, including various utility companies of the United States.

5 Day Chart for NYSE:HASI

Receive News & Stock Ratings for Hannon Armstrong Sustainable Infrastructure Capital Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hannon Armstrong Sustainable Infrastructure Capital Inc. and related stocks with our FREE daily email newsletter.