Alps Advisors Inc. Has $4.29 Million Stock Holdings in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Alps Advisors Inc. reduced its stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) by 19.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 146,814 shares of the real estate investment trust's stock after selling 34,935 shares during the quarter. Alps Advisors Inc. owned about 0.12% of HA Sustainable Infrastructure Capital worth $4,293,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Garde Capital Inc. bought a new stake in shares of HA Sustainable Infrastructure Capital during the 1st quarter worth approximately $35,000. Millstone Evans Group LLC bought a new stake in shares of HA Sustainable Infrastructure Capital during the 4th quarter worth approximately $47,000. Parallel Advisors LLC raised its stake in shares of HA Sustainable Infrastructure Capital by 3,221.5% during the 1st quarter. Parallel Advisors LLC now owns 2,159 shares of the real estate investment trust's stock worth $63,000 after purchasing an additional 2,094 shares in the last quarter. Sterling Capital Management LLC raised its stake in shares of HA Sustainable Infrastructure Capital by 830.9% during the 4th quarter. Sterling Capital Management LLC now owns 3,640 shares of the real estate investment trust's stock worth $98,000 after purchasing an additional 3,249 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC bought a new stake in shares of HA Sustainable Infrastructure Capital during the 1st quarter worth approximately $146,000. 96.14% of the stock is currently owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Stock Performance

NYSE HASI traded down $0.29 on Friday, reaching $27.38. The stock had a trading volume of 900,919 shares, compared to its average volume of 1,197,245. 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 firm has a fifty day moving average of $26.48 and a two-hundred day moving average of $27.04. HA Sustainable Infrastructure Capital, Inc. has a 1-year low of $21.98 and a 1-year high of $36.56. The company has a market cap of $3.32 billion, a P/E ratio of 26.32, a price-to-earnings-growth ratio of 1.03 and a beta of 1.68.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Wednesday, July 2nd were issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 6.14%. The ex-dividend date was Wednesday, July 2nd. HA Sustainable Infrastructure Capital's dividend payout ratio is 161.54%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on HASI shares. Wall Street Zen cut HA Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Robert W. Baird dropped their price target 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. One research analyst has rated the stock with a sell rating, one has given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, HA Sustainable Infrastructure Capital has a consensus rating of "Moderate Buy" and an average target price of $38.00.

HA Sustainable Infrastructure Capital Company Profile

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.