9.51 % to Target, Wells Fargo Reaffirms ‘Market Perform’ Rating on Alliant Energy (NYSE:LNT) Shares Today

November 9, 2018 - By Matthew Medley

Alliant Energy Corporation (NYSE:LNT) Logo

Investors sentiment increased to 1.23 in 2018 Q2. Its up 0.46, from 0.77 in 2018Q1. It is positive, as 33 investors sold Alliant Energy Corporation shares while 116 reduced holdings. 60 funds opened positions while 123 raised stakes. 161.18 million shares or 2.00% less from 164.47 million shares in 2018Q1 were reported.

Zurcher Kantonalbank (Zurich Cantonalbank) reported 0.01% in Alliant Energy Corporation (NYSE:LNT). Gemmer Asset Ltd Liability reported 644 shares stake. Bb&T Lc holds 11,283 shares. 108,518 were accumulated by Retirement System Of Alabama. Da Davidson & stated it has 0.01% of its portfolio in Alliant Energy Corporation (NYSE:LNT). Alliancebernstein L P accumulated 0.06% or 1.90M shares. Nordea Invest Mgmt Ab owns 138,787 shares. Hermes Investment Mngmt Limited has invested 0.44% of its portfolio in Alliant Energy Corporation (NYSE:LNT). D E Shaw Inc has 36,648 shares. First Merchants Corp holds 0.59% or 80,735 shares. Hanson Mcclain holds 654 shares or 0% of its portfolio. 328,803 were accumulated by Aqr Mngmt Ltd Limited Liability Company. Northern Tru Corp has 0.03% invested in Alliant Energy Corporation (NYSE:LNT). Gofen & Glossberg Ltd Limited Liability Company Il invested in 0.02% or 10,817 shares. Florida-based State Board Of Administration Of Florida Retirement has invested 0.04% in Alliant Energy Corporation (NYSE:LNT).

Since September 13, 2018, it had 1 insider purchase, and 0 selling transactions for $54,748 activity.

Alliant Energy (NYSE:LNT) Rating Reaffirmed

The financial firm has just set a PT of $48 on Alliant Energy (NYSE:LNT) shares. This is 9.51 % from the last stock price. In an analyst report revealed to investors on 8 November, Wells Fargo reiterated their Market Perform rating on shares of LNT.

Alliant Energy Corporation (NYSE:LNT) Ratings Coverage

Among 4 analysts covering Alliant Energy (NYSE:LNT), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Alliant Energy has $47 highest and $44 lowest target. $45.33’s average target is 3.42% above currents $43.83 stock price. Alliant Energy had 4 analyst reports since July 24, 2018 according to SRatingsIntel. Wells Fargo maintained Alliant Energy Corporation (NYSE:LNT) on Monday, September 17 with “Market Perform” rating. UBS maintained the stock with “Neutral” rating in Friday, August 10 report.

It closed at $43.83 lastly. It is down 1.97% since November 9, 2017 and is uptrending. It has underperformed by 13.65% the S&P500.

Alliant Energy Corporation operates as a utility holding firm that provides regulated electricity and natural gas services to residential, commercial, industrial, and wholesale clients in the Midwest region of the United States. The company has market cap of $10.43 billion. It operates through three divisions: Electric, Gas, and Other. It has a 20.96 P/E ratio. The company, through its subsidiary, Interstate Power and Light Company , primarily generates and distributes electricity, and distributes and transports natural gas to retail clients in Iowa; sells electricity to wholesale clients in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa.

Another recent and important Alliant Energy Corporation (NYSE:LNT) news was published by Benzinga.com which published an article titled: “Earnings Scheduled For November 6, 2018” on November 06, 2018.

Alliant Energy Corporation (NYSE:LNT) Institutional Positions Chart

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