Is Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Popular Amongst Institutions?
NYSE:HASI) should be aware of the most powerful shareholder groups. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that have been privatized tend to have low insider ownership.” data-reactid=”28″>Every investor in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) should be aware of the most powerful shareholder groups. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that have been privatized tend to have low insider ownership.
With a market capitalization of US$2.8b, Hannon Armstrong Sustainable Infrastructure Capital is a decent size, so it is probably on the radar of institutional investors. Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. Let’s delve deeper into each type of owner, to discover more about Hannon Armstrong Sustainable Infrastructure Capital.
Check out our latest analysis for Hannon Armstrong Sustainable Infrastructure Capital ” data-reactid=”30″>Check out our latest analysis for Hannon Armstrong Sustainable Infrastructure Capital
What Does The Institutional Ownership Tell Us About Hannon Armstrong Sustainable Infrastructure Capital?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it’s included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
We can see that Hannon Armstrong Sustainable Infrastructure Capital does have institutional investors; and they hold a good portion of the company’s stock. This suggests some credibility amongst professional investors. But we can’t rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It’s therefore worth looking at Hannon Armstrong Sustainable Infrastructure Capital’s earnings history, below. Of course, the future is what really matters.
Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. Hedge funds don’t have many shares in Hannon Armstrong Sustainable Infrastructure Capital. Looking at our data, we can see that the largest shareholder is Wellington Management Group LLP with 9.9% of shares outstanding. With 8.2% and 5.8% of the shares outstanding respectively, BlackRock, Inc. and The Vanguard Group, Inc. are the second and third largest shareholders. In addition, we found that Jeffrey Eckel, the CEO has 0.0150987 of the shares allocated to his name
A closer look at our ownership figures suggests that the top 20 shareholders have a combined ownership of 51% implying that no one share holder has a majority.
Researching institutional ownership is a good way to gauge and filter a stock’s expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
Insider Ownership Of Hannon Armstrong Sustainable Infrastructure Capital
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves.
I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.
click here to see if insiders have been buying or selling. ” data-reactid=”72″>I can report that insiders do own shares in Hannon Armstrong Sustainable Infrastructure Capital, Inc.. It is a pretty big company, so it is generally a positive to see some potentially meaningful alignment. In this case, they own around US$80m worth of shares (at current prices). If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling.
General Public Ownership
The general public holds a 19% stake in HASI. While this group can’t necessarily call the shots, it can certainly have a real influence on how the company is run.
Next Steps:
4 warning signs for Hannon Armstrong Sustainable Infrastructure Capital (2 are a bit unpleasant) that you should be aware of.” data-reactid=”76″>I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For instance, we’ve identified 4 warning signs for Hannon Armstrong Sustainable Infrastructure Capital (2 are a bit unpleasant) that you should be aware of.
report on analyst forecasts.” data-reactid=”77″>If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
Get in touch with us directly. Alternatively, email [email protected].” data-reactid=”79″>This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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