Ladenburg Thalmann Financial Services Inc. Has $2.43 Million Position in Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI)

Ladenburg Thalmann Financial Services Inc. lifted its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) by 21.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 124,468 shares of the real estate investment trust’s stock after purchasing an additional 21,860 shares during the quarter. Ladenburg Thalmann Financial Services Inc. owned 0.23% of Hannon Armstrong Sustnbl Infrstr Cap worth $2,427,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in HASI. Van ECK Associates Corp grew its position in Hannon Armstrong Sustnbl Infrstr Cap by 15.5% during the first quarter. Van ECK Associates Corp now owns 1,379,890 shares of the real estate investment trust’s stock worth $26,908,000 after buying an additional 184,817 shares in the last quarter. Guggenheim Capital LLC grew its position in Hannon Armstrong Sustnbl Infrstr Cap by 12.2% during the fourth quarter. Guggenheim Capital LLC now owns 805,504 shares of the real estate investment trust’s stock worth $19,379,000 after buying an additional 87,823 shares in the last quarter. Osterweis Capital Management Inc. grew its position in Hannon Armstrong Sustnbl Infrstr Cap by 10.3% during the first quarter. Osterweis Capital Management Inc. now owns 699,247 shares of the real estate investment trust’s stock worth $13,635,000 after buying an additional 65,070 shares in the last quarter. Eagle Boston Investment Management Inc. grew its position in Hannon Armstrong Sustnbl Infrstr Cap by 2.6% during the first quarter. Eagle Boston Investment Management Inc. now owns 592,296 shares of the real estate investment trust’s stock worth $11,549,000 after buying an additional 15,027 shares in the last quarter. Finally, Northern Trust Corp grew its position in Hannon Armstrong Sustnbl Infrstr Cap by 0.6% during the first quarter. Northern Trust Corp now owns 582,695 shares of the real estate investment trust’s stock worth $11,362,000 after buying an additional 3,508 shares in the last quarter. Institutional investors own 71.80% of the company’s stock.

In other news, Director Steven G. Osgood acquired 5,000 shares of the business’s stock in a transaction dated Monday, June 4th. The stock was purchased at an average cost of $18.28 per share, for a total transaction of $91,400.00. Following the acquisition, the director now owns 28,281 shares of the company’s stock, valued at $516,976.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jeffrey Eckel acquired 2,250 shares of the business’s stock in a transaction dated Monday, May 21st. The stock was purchased at an average price of $18.62 per share, with a total value of $41,895.00. Following the completion of the acquisition, the insider now directly owns 877,520 shares in the company, valued at approximately $16,339,422.40. The disclosure for this purchase can be found here. Insiders bought a total of 22,435 shares of company stock valued at $411,277 over the last quarter. Company insiders own 5.30% of the company’s stock.

Hannon Armstrong Sustnbl Infrstr Cap opened at $18.98 on Friday, according to Marketbeat Ratings. Hannon Armstrong Sustnbl Infrstr Cap Inc has a 12-month low of $17.33 and a 12-month high of $25.28. The company has a debt-to-equity ratio of 2.28, a current ratio of 38.94 and a quick ratio of 38.94. The stock has a market capitalization of $1.01 billion, a PE ratio of 18.08, a PEG ratio of 2.64 and a beta of 0.83.

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

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 12th. Stockholders of record on Thursday, July 5th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.95%. The ex-dividend date of this dividend is Tuesday, July 3rd. Hannon Armstrong Sustnbl Infrstr Cap’s payout ratio is currently 125.71%.

Several equities analysts recently commented on HASI shares. UBS Group started coverage on Hannon Armstrong Sustnbl Infrstr Cap in a research report on Thursday, March 15th. They set a “buy” rating and a $21.00 target price for the company. ValuEngine cut Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “strong sell” rating in a research report on Monday, June 11th. JPMorgan Chase & Co. started coverage on Hannon Armstrong Sustnbl Infrstr Cap in a research report on Thursday, June 14th. They set an “overweight” rating and a $23.00 target price for the company. Finally, Zacks Investment Research upgraded Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating in a research report on Thursday, May 10th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $25.89.

Hannon Armstrong Sustnbl Infrstr Cap Company 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 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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