Alliant Energy Co. (NASDAQ:LNT) recently caught significant attention in the investment world with multiple developments including stock purchases, forecasts, dividend hikes and quarterly earnings reports. Its shares were purchased in notable quantities by UBS Group AG, Wells Fargo & Company MN and Vanguard Personalized Indexing Management LLC among others. These institutions collectively hold 80% of the company's shares suggesting significant institutional interest in the energy company. At the same time, Alliant Energy was upgraded to a strong buy, hinting potential growth in the future. Despite its underperformance when compared to competitors, the company returned value to shareholders through a 6.1% dividend hike and announced 2-for-1 stock split. Along with these, Alliant Energy's move to Nasdaq and its recognition as one of America's Most Trustworthy Companies by Newsweek could also influence its share price trajectory. The company expects continued growth and has a positive outlook as it centers renewable investments for its expansion.
Alliant Energy Stocks LNT News Analytics from Sun, 15 Oct 2017 05:24:56 GMT to Thu, 30 May 2024 12:33:36 GMT -
Rating 7
- Innovation -2
- Information 8
- Rumor -3
