Apollon Wealth Management LLC Reduces Stock Holdings in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Apollon Wealth Management LLC lessened its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 77.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,471 shares of the real estate investment trust's stock after selling 26,098 shares during the quarter. Apollon Wealth Management LLC's holdings in Hannon Armstrong Sustainable Infrastructure Capital were worth $258,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Swedbank AB boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 6.8% in the second quarter. Swedbank AB now owns 4,020,665 shares of the real estate investment trust's stock valued at $119,012,000 after purchasing an additional 257,233 shares during the last quarter. Bank of New York Mellon Corp increased its position in Hannon Armstrong Sustainable Infrastructure Capital by 18.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,400 shares of the real estate investment trust's stock valued at $51,161,000 after acquiring an additional 267,304 shares during the period. Vontobel Holding Ltd. boosted its stake in Hannon Armstrong Sustainable Infrastructure Capital by 0.9% during the 3rd quarter. Vontobel Holding Ltd. now owns 1,343,068 shares of the real estate investment trust's stock valued at $46,296,000 after purchasing an additional 11,632 shares in the last quarter. Hood River Capital Management LLC boosted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 26.7% during the 2nd quarter. Hood River Capital Management LLC now owns 988,135 shares of the real estate investment trust's stock worth $29,249,000 after acquiring an additional 208,303 shares in the last quarter. Finally, Encompass Capital Advisors LLC acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the second quarter worth $18,759,000. Hedge funds and other institutional investors own 96.14% of the company's stock.

Insider Buying and Selling at Hannon Armstrong Sustainable Infrastructure Capital

In other news, CFO Marc T. Pangburn bought 3,500 shares of the company's stock in a transaction on Monday, November 11th. The stock was bought at an average cost of $28.71 per share, with a total value of $100,485.00. Following the transaction, the chief financial officer now directly owns 56,791 shares in the company, valued at $1,630,469.61. The trade was a 6.57 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.00% of the stock is currently owned by insiders.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 2.0 %

HASI stock traded up $0.55 during mid-day trading on Tuesday, reaching $27.76. 762,974 shares of the stock traded hands, compared to its average volume of 1,073,408. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.55 and a current ratio of 13.55. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a one year low of $21.77 and a one year high of $36.56. The stock has a market capitalization of $3.30 billion, a PE ratio of 15.28, a PEG ratio of 1.02 and a beta of 1.98. The business has a 50-day moving average price of $33.56 and a two-hundred day moving average price of $32.10.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be paid a $0.415 dividend. The ex-dividend date is Monday, December 30th. This represents a $1.66 dividend on an annualized basis and a yield of 5.98%. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio is currently 93.26%.

Analyst Ratings Changes

HASI has been the topic of several recent research reports. Jefferies Financial Group initiated coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Wednesday, September 4th. They set a "buy" rating and a $39.00 target price on the stock. Citigroup boosted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 22nd. Mizuho upped their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the company an "outperform" rating in a research report on Friday, July 26th. Baird R W raised shares of Hannon Armstrong Sustainable Infrastructure Capital to a "strong-buy" rating in a research note on Friday, September 27th. Finally, The Goldman Sachs Group increased their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the stock a "neutral" rating in a research note on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $39.83.

About Hannon Armstrong Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment 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.