Alliant Energy Co., (NASDAQ:LNT), has drawn heightened market activity. Metis Global Partners LLC and Truist Financial Corp have both sold substantial portions of their holdings in the company. The firm expects sustained growth and has declared its quarterly common stock dividend. The National Bank of Canada and Great Valley Advisor Group have acquired shares, despite institutional selling by M&T Bank Corp and Savant Capital LLC. Despite such divestment, the stock continues to get analyst upgrades, benefiting from renewable expansions and investments. Wells Fargo has raised its price target to $56.00 for LNT. The company's stock has seen fluctuations but continued to outperform even on less impressive days. Notably, institutional shareholders still control a significant portion, about 79%, showing confidence in the company's future. Alliant has been named one of the most trustworthy companies by Newsweek and holds a safe dividend yield of 4.0%. The company success is tied closely to its clean portfolio, despite some quarters of lower than estimated revenues. The CEO marked confidence in the company with an insider purchase of 1100 shares. Overall, market opinion seems to favor the company as a stable long-term investment.
Alliant Energy Stocks LNT News Analytics from Sun, 15 Oct 2017 05:24:56 GMT to Sun, 12 May 2024 10:42:16 GMT -
Rating 7
- Innovation 0
- Information 6
- Rumor -4
