Alliant Energy Corporation has been garnering attention in the
investment world.
Orion Portfolio Solutions and Mitsubishi UFJ Asset Management have increased their shares, while
Headlands Technologies trimmed down their holdings. Lately, the company set a new 12-month high at $56.30, and Barclays raised their price target to $55.00. Notably, institutional shareholders, owning 79-80% of the company, largely control it. Forsta AP Fonden, Mutual of America Capital Management, and other firms also bolstered their holdings. Alliant was declared a consistent grower and a solid dividend aristocrat, cementing its position in the bio-tech market. Notwithstanding being tagged as potentially overpriced, it announced a 2-for-1 stock split, which could be a viable strategy for attracting more investors. Its Q1 2024 earnings call was positively received. The stock price is being discussed extensively, and the company stock continues trading on Nasdaq. However, shareholders who invested three years ago might be at loss, which suggests a careful analysis before investment.
Alliant Energy Stocks LNT News Analytics from Wed, 11 Jan 2017 08:00:00 GMT to Sun, 21 Jul 2024 14:17:32 GMT -
Rating 7
- Innovation -3
- Information 10
- Rumor -5