Caisse DE Depot ET Placement DU Quebec raised its position in shares of Alliant Energy Corporation (NYSE:LNT) by 13.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 133,215 shares of the utilities provider’s stock after buying an additional 16,100 shares during the period. Caisse DE Depot ET Placement DU Quebec owned about 0.06% of Alliant Energy worth $5,561,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LNT. Mosaic Family Wealth LLC increased its holdings in shares of Alliant Energy by 0.8% in the second quarter. Mosaic Family Wealth LLC now owns 3,237 shares of the utilities provider’s stock valued at $130,000 after purchasing an additional 25 shares in the last quarter. Veritable L.P. increased its holdings in shares of Alliant Energy by 0.3% in the second quarter. Veritable L.P. now owns 8,033 shares of the utilities provider’s stock valued at $323,000 after purchasing an additional 28 shares in the last quarter. CIBC Asset Management Inc increased its holdings in shares of Alliant Energy by 0.4% in the second quarter. CIBC Asset Management Inc now owns 21,990 shares of the utilities provider’s stock valued at $883,000 after purchasing an additional 80 shares in the last quarter. Annex Advisory Services LLC increased its holdings in shares of Alliant Energy by 1.5% in the second quarter. Annex Advisory Services LLC now owns 14,985 shares of the utilities provider’s stock valued at $602,000 after purchasing an additional 216 shares in the last quarter. Finally, Thrivent Financial For Lutherans increased its holdings in shares of Alliant Energy by 1.1% in the second quarter. Thrivent Financial For Lutherans now owns 22,900 shares of the utilities provider’s stock valued at $920,000 after purchasing an additional 240 shares in the last quarter. 68.43% of the stock is owned by institutional investors.

A number of analysts recently weighed in on LNT shares. BidaskClub raised shares of Alliant Energy from a “hold” rating to a “buy” rating in a report on Saturday, August 19th. Zacks Investment Research lowered shares of Alliant Energy from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. Finally, Bank of America started coverage on shares of Alliant Energy in a report on Tuesday, October 24th. They issued a “neutral” rating and a $45.00 price target for the company. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $42.00.

Alliant Energy Corporation (NYSE LNT) opened at $44.94 on Friday. Alliant Energy Corporation has a 52 week low of $36.33 and a 52 week high of $45.55. The stock has a market cap of $10,390.31, a P/E ratio of 24.03, a price-to-earnings-growth ratio of 3.60 and a beta of 0.47. The company has a quick ratio of 0.36, a current ratio of 0.51 and a debt-to-equity ratio of 1.02.

Alliant Energy (NYSE:LNT) last announced its quarterly earnings data on Thursday, November 2nd. The utilities provider reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.13). Alliant Energy had a net margin of 13.13% and a return on equity of 11.02%. The business had revenue of $907.00 million during the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the previous year, the business posted $0.80 earnings per share. Alliant Energy’s revenue was down 1.9% compared to the same quarter last year. equities research analysts predict that Alliant Energy Corporation will post 1.96 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st were paid a $0.315 dividend. The ex-dividend date was Monday, October 30th. This represents a $1.26 dividend on an annualized basis and a yield of 2.80%. Alliant Energy’s payout ratio is presently 67.74%.

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Alliant Energy Company Profile

Alliant Energy Corporation operates as a regulated investor-owned public utility holding company. The Company’s segments include Utility and Non-regulated, Parent and Other. The Utility segment includes the operations of Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL), which serve retail customers in Iowa and Wisconsin.

Institutional Ownership by Quarter for Alliant Energy (NYSE:LNT)

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