GAMMA Investing Acquires 985 Hannon Armstrong Shares (NYSE:HASI)

GAMMA Investing LLC increased its stake in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 30.2% in Q1, according to its recent SEC disclosure. The fund now owns 4,245 shares, valued at $121,000.

Other major investors have also changed their holdings in the stock. For instance, DekaBank Deutsche Girozentrale’s stake grew by 6.8% in Q3, while Arden Trust Co and Addison Advisors LLC expanded their holdings by 4.2% and 56.7% respectively in Q4. Institutional investors now own 96.14% of the company’s stock.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of NYSE HASI opened at $30.37 on Friday, with a market capitalization of $3.46 billion, a PE ratio of 14.74, a price-to-earnings-growth ratio of 1.15 and a beta of 1.99.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The business also recently declared a quarterly dividend of $0.415 per share, which will be paid on Friday, July 12th. This represents a $1.66 annualized dividend and a yield of 5.47%.

Analysts’ New Price Targets

Several equity research analysts have issued reports on the company. StockNews.com upgraded the company’s rating from a “sell” to a “hold”. TD Cowen, Bank of America, and JPMorgan Chase & Co. boosted their price targets on the sustainable infrastructure capital firm.

Hannon Armstrong Sustainable Infrastructure Capital Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc, invests in energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company’s portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.