Wall Street Associates buys $4,055,343 stake in Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI)

Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI) : Wall Street Associates scooped up 1,592 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 12, 2016. The investment management firm now holds a total of 172,862 shares of Hannon Armstrong Sustnbl Infrstr Cap Inc which is valued at $4,055,343.Hannon Armstrong Sustnbl Infrstr Cap Inc makes up approximately 1.51% of Wall Street Associates’s portfolio.

Other Hedge Funds, Including , Geode Capital Management boosted its stake in HASI in the latest quarter, The investment management firm added 14,245 additional shares and now holds a total of 245,753 shares of Hannon Armstrong Sustnbl Infrstr Cap Inc which is valued at $5,765,365.Credit Suisse Ag boosted its stake in HASI in the latest quarter, The investment management firm added 18,080 additional shares and now holds a total of 65,229 shares of Hannon Armstrong Sustnbl Infrstr Cap Inc which is valued at $1,530,272.Zurcher Kantonalbank (zurich Cantonalbank) boosted its stake in HASI in the latest quarter, The investment management firm added 300 additional shares and now holds a total of 2,969 shares of Hannon Armstrong Sustnbl Infrstr Cap Inc which is valued at $66,506.Simplex Trading reduced its stake in HASI by selling 1,005 shares or 43.41% in the most recent quarter. The Hedge Fund company now holds 1,310 shares of HASI which is valued at $29,947.

Hannon Armstrong Sustnbl Infrstr Cap Inc opened for trading at $23.47 and hit $23.65 on the upside on Monday, eventually ending the session at $23.61, with a gain of 1.16% or 0.27 points. The heightened volatility saw the trading volume jump to 1,51,791 shares. Company has a market cap of $1,023 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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