Bank of New York Mellon Corp grew its holdings in Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) by 57.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 378,377 shares of the real estate investment trust’s stock after purchasing an additional 138,457 shares during the period. Bank of New York Mellon Corp’s holdings in Hannon Armstrong Sustnbl Infrstr Cap were worth $7,208,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in HASI. Federated Investors Inc. PA acquired a new position in shares of Hannon Armstrong Sustnbl Infrstr Cap in the 3rd quarter valued at $7,249,000. BlackRock Inc. lifted its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 2.8% in the 4th quarter. BlackRock Inc. now owns 4,876,481 shares of the real estate investment trust’s stock valued at $92,895,000 after purchasing an additional 132,869 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 23.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 369,198 shares of the real estate investment trust’s stock valued at $7,927,000 after purchasing an additional 70,126 shares during the last quarter. Vanguard Group Inc lifted its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 3.0% in the 3rd quarter. Vanguard Group Inc now owns 2,368,052 shares of the real estate investment trust’s stock valued at $50,842,000 after purchasing an additional 68,774 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 3.0% in the 3rd quarter. Vanguard Group Inc. now owns 2,368,052 shares of the real estate investment trust’s stock valued at $50,842,000 after purchasing an additional 68,774 shares during the last quarter. 68.35% of the stock is currently owned by institutional investors and hedge funds.

In related news, EVP Nathaniel Rose sold 10,000 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $25.29, for a total transaction of $252,900.00. Following the transaction, the executive vice president now owns 300,654 shares of the company’s stock, valued at approximately $7,603,539.66. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Daniel K. Mcmahon sold 5,000 shares of the stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $24.73, for a total value of $123,650.00. The disclosure for this sale can be found here. 5.30% of the stock is currently owned by corporate insiders.

HASI opened at $26.15 on Thursday. Hannon Armstrong Sustnbl Infrstr Cap Inc has a 12-month low of $17.76 and a 12-month high of $26.22. The company has a current ratio of 26.46, a quick ratio of 26.46 and a debt-to-equity ratio of 1.54. The stock has a market cap of $1.63 billion, a P/E ratio of 21.97, a PEG ratio of 9.94 and a beta of 1.09.

Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) last posted its earnings results on Thursday, February 21st. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.08. Hannon Armstrong Sustnbl Infrstr Cap had a return on equity of 9.65% and a net margin of 30.17%. The firm had revenue of $19.74 million for the quarter, compared to analyst estimates of $14.65 million. Equities analysts forecast that Hannon Armstrong Sustnbl Infrstr Cap Inc will post 1.18 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 11th. Investors of record on Wednesday, April 3rd will be paid a dividend of $0.335 per share. This is a positive change from Hannon Armstrong Sustnbl Infrstr Cap’s previous quarterly dividend of $0.33. The ex-dividend date is Tuesday, April 2nd. This represents a $1.34 annualized dividend and a yield of 5.12%. Hannon Armstrong Sustnbl Infrstr Cap’s dividend payout ratio is presently 112.61%.

Several equities analysts have recently commented on the company. Zacks Investment Research raised Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “strong-buy” rating and set a $28.00 price target on the stock in a research note on Friday, March 1st. B. Riley set a $26.00 price target on Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research note on Friday, February 22nd. ValuEngine lowered Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research note on Thursday, December 27th. FBR & Co set a $26.00 price target on Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research note on Thursday, December 20th. Finally, Cowen set a $30.00 price target on Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research note on Tuesday, February 26th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Hannon Armstrong Sustnbl Infrstr Cap has an average rating of “Buy” and a consensus target price of $26.00.

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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 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 Sustnbl Infrstr Cap (NYSE:HASI)

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