Alliant Energy Corporation (NYSE:LNT) Given News Impact Rating of 0.02

Alliant Energy

Alliant Energy

Public Employees Retirement System Of Ohio invested in 100,514 shares or 0.02% of the stock.

The company is up by 1.96% percent from yesterday's close. The utilities provider reported $0.75 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.88 by ($0.13), reports.

Alliancebernstein L.P. says it bought 1,343,385 shares in quarter ending 09/30/2017 increasing its exposure to Alliant Energy Corp by 370.8%. Reliance Of Delaware invested in 29,947 shares or 0.15% of the stock. Analysts forecast that Alliant Energy Corp. will post $1.89 EPS for the current fiscal year. CIBC Asset Management Inc now owns 21,990 shares of the utilities provider's stock valued at $883,000 after acquiring an additional 80 shares in the last quarter. Finally, Reliance Trust Co. of DE increased its position in Alliant Energy 152.5% in the second quarter. California State Teachers Retirement System claims 386,640 shares with a value of $16,073,000.

LNT has been the topic of several research analyst reports. Argus lifted their price objective on Alliant Energy Corp. from $40.00 to $43.00 and gave the stock a buy rating in a report on Thursday, August 25th. BidaskClub raised Alliant Energy Corporation from a "sell" rating to a "hold" rating in a report on Monday, July 24th.

Analysts await Alliant Energy Corporation (NYSE:LNT) to report earnings on February, 22. JP Morgan has "Neutral" rating and $27 target. Alliant Energy Corporation now has an average rating of Hold and an average target price of $42.00.

In other news, insider Wayne A. Reschke sold 2,000 shares of the stock in a transaction that occurred on Thursday, September 7th.

The most recent open market insider trade was Sell of 2,000 shares on a day where the closing price was 42.83. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. Finally, Guggenheim began coverage on Alliant Energy a report on Thursday. Alliant Energy Corporation has a 1 year low of $34.88 and a 1 year high of $44.39. The company has a quick ratio of 0.36, a current ratio of 0.51 and a debt-to-equity ratio of 1.02.

Among 8 analysts covering Alliant Energy (NYSE:LNT), 3 have Buy rating, 0 Sell and 5 Hold. (NYSE:LNT) last released its quarterly earnings data on Monday, August 1st. During the same quarter a year ago, the firm posted $0.80 earnings per share.

Alliant Energy Corp. had a net margin of 12.50% and a return on equity of 11.02%. The company had revenue of $907.00 million during the quarter, compared to analyst estimates of $1.23 billion. Advisor Partners LLC now owns 5,686 shares of the company's stock valued at $226,000 after buying an additional 2,824 shares during the period. The company's revenue was down 1.9% compared to the same quarter previous year. Shareholders of record on Tuesday, October 31st will be paid a dividend of $0.315 per share. The ex-dividend date is Monday, October 30th. This represents a $1.26 annualized dividend and a yield of 2.84%.

COPYRIGHT VIOLATION NOTICE: "19,120 Shares in Alliant Energy Corporation (LNT) Acquired by Crossmark Global Holdings Inc." was originally published by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this article on another site, it was illegally stolen and republished in violation of worldwide copyright & trademark law. Legg Mason Asset Mgmt (Japan) Limited has 0.22% invested in Alliant Energy Corporation (NYSE:LNT) for 6,700 shares. The Utility segment includes the activities of Interstate Power and Light Company and Wisconsin Power and Light Company (WPL), which serve retail clients in Iowa and Wisconsin.