Alliant Energy Corporation (NASDAQ:LNT) has experienced significant appraisal from the likes of Jefferies and BMO Capital; with their respective targets at $70 and $66. The corporation boasts an 82% institutional ownership, demonstrating their overwhelming popularity among institutional investors. Performances in the recent quarters have been impressive, the most recent being a 4th quarter earnings beat. An upcoming dividend hike, continuing their 78-year streak has further strengthened investor confidence.
Despite concerns over sluggish earnings and overpricing, the organisation's prestige remains intact with Alliant Energy being named as one of the Best Mid-Size Companies in America by TIME. Alliant Energy also caught Newsweek’s attention, being listed in their inaugural World’s Most Trustworthy Companies. Notably, Alliant Energy has also managed to execute multiple power supply deals with data centres, enhancing their overall market stature.
Investor movements have been varied; while Proficio Capital Partners LLC invested $3.09 Million, Truist Financial Corp and Mutual of America Capital Management LLC reduced their positions. Alliant Energy also saw diverse moves from hedge funds like Asset Management One Co. Ltd. and Allspring Global Investments Holding LLC.
Alliant Energy Stocks LNT News Analytics from Sun, 15 Oct 2017 05:24:56 GMT to Fri, 21 Mar 2025 11:07:49 GMT - Rating 7 - Innovation 4 - Information 9 - Rumor 2
