Crestwood Advisors Group LLC Acquires Shares of 46,363 HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Crestwood Advisors Group LLC acquired a new position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 46,363 shares of the real estate investment trust's stock, valued at approximately $1,356,000.

A number of other large investors have also made changes to their positions in HASI. FMR LLC boosted its stake in HA Sustainable Infrastructure Capital by 393.3% during the fourth quarter. FMR LLC now owns 5,688,560 shares of the real estate investment trust's stock worth $152,624,000 after buying an additional 4,535,345 shares in the last quarter. Norges Bank acquired a new stake in shares of HA Sustainable Infrastructure Capital during the 4th quarter valued at about $30,557,000. Wellington Management Group LLP increased its stake in HA Sustainable Infrastructure Capital by 7.2% in the fourth quarter. Wellington Management Group LLP now owns 14,155,411 shares of the real estate investment trust's stock valued at $379,790,000 after acquiring an additional 949,253 shares during the period. Tidal Investments LLC raised its position in HA Sustainable Infrastructure Capital by 2,466.7% in the fourth quarter. Tidal Investments LLC now owns 699,275 shares of the real estate investment trust's stock worth $18,762,000 after purchasing an additional 672,031 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in HA Sustainable Infrastructure Capital by 52.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,395,573 shares of the real estate investment trust's stock worth $37,443,000 after purchasing an additional 482,097 shares during the period. Institutional investors and hedge funds own 96.14% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on HASI. Robert W. Baird lowered their price objective on HA Sustainable Infrastructure Capital from $47.00 to $41.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. Wall Street Zen lowered HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, HA Sustainable Infrastructure Capital has a consensus rating of "Moderate Buy" and an average target price of $38.00.

HA Sustainable Infrastructure Capital Price Performance

Shares of HASI stock traded up $0.08 during trading hours on Friday, hitting $27.91. 493,238 shares of the company's stock were exchanged, compared to its average volume of 1,347,908. HA Sustainable Infrastructure Capital, Inc. has a 52 week low of $21.98 and a 52 week high of $36.56. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 26.83, a price-to-earnings-growth ratio of 1.04 and a beta of 1.68. The company has a debt-to-equity ratio of 1.91, a current ratio of 11.04 and a quick ratio of 11.04. The stock's 50-day moving average is $26.56 and its 200-day moving average is $27.04.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Wednesday, July 2nd were given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 6.02%. The ex-dividend date was Wednesday, July 2nd. HA Sustainable Infrastructure Capital's payout ratio is presently 161.54%.

About HA Sustainable Infrastructure Capital

HA Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment of 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.