Neumeier Poma Investment Counsel buys $34,120,459 stake in Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI)

Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI) : Neumeier Poma Investment Counsel scooped up 71,050 additional shares in Hannon Armstrong Sustnbl Infrstr Cap Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 1,454,410 shares of Hannon Armstrong Sustnbl Infrstr Cap Inc which is valued at $34,120,459.Hannon Armstrong Sustnbl Infrstr Cap Inc makes up approximately 5.12% of Neumeier Poma Investment Counsel’s portfolio.

Other Hedge Funds, Including , Raymond James Associates boosted its stake in HASI in the latest quarter, The investment management firm added 19,186 additional shares and now holds a total of 41,895 shares of Hannon Armstrong Sustnbl Infrstr Cap Inc which is valued at $982,857.Blackrock Investment Management boosted its stake in HASI in the latest quarter, The investment management firm added 8,778 additional shares and now holds a total of 159,896 shares of Hannon Armstrong Sustnbl Infrstr Cap Inc which is valued at $3,751,160.Eagle Boston Investment Management Inc boosted its stake in HASI in the latest quarter, The investment management firm added 16,428 additional shares and now holds a total of 562,920 shares of Hannon Armstrong Sustnbl Infrstr Cap Inc which is valued at $12,868,351. Hannon Armstrong Sustnbl Infrstr Cap Inc makes up approx 1.68% of Eagle Boston Investment Management Inc’s portfolio.

Hannon Armstrong Sustnbl Infrstr Cap Inc opened for trading at $23.49 and hit $23.705 on the upside on Tuesday, eventually ending the session at $23.64, with a gain of 1.29% or 0.3 points. The heightened volatility saw the trading volume jump to 2,27,548 shares. Company has a market cap of $1,024 M.

On the company’s financial health, Hannon Armstrong Sustnbl Infrstr Cap Inc reported $0.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.30. The company had revenue of $21.90 million for the quarter, compared to analysts expectations of $10.01 million. The company’s revenue was up 62.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS.

Hannon Armstrong Sustainable Infrastructure Capital Inc. provides debt and equity financing to the energy efficiency and renewable energy markets. The Company focuses its investment activities primarily on energy efficiency projects renewable energy projects and other sustainable infrastructure projects. Energy Efficiency Projects includes projects undertaken by energy services companies (ESCOs) which reduce a building’s or facility’s energy usage or cost through the design and installation of various building components including heating ventilation and air conditioning systems (HVAC systems) lighting energy controls roofs windows and/or building shells. Renewable energy projects include projects that deploy cleaner energy sources such as solar and wind to generate power production. Other sustainable infrastructure projects include water or communications infrastructure that improve water or energy efficiency.

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