Large Outflow of Money Witnessed in Alliant Energy Corporation

Alliant Energy Corporation (LNT) : Fridays money flow analysis of Alliant Energy Corporation (LNT) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $0.4 million. In comparison, the inflow of money on upticks was a meager $0.07 million. The dollar value of composite uptick trades minus the downtick trades was negative $0.32 million. The uptick to downtick ratio of 0.19 in the money flow shows weakness. The downtick transaction value was high at $0 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($0 million). Alliant Energy Corporation (LNT) gained $0.18 at $39.91, a change of 0.45% over the previous days close.


Alliant Energy Corporation (LNT) : The most positive equity analysts on Alliant Energy Corporation (LNT) expects the shares to touch $42, whereas, the least positive believes that the stock will trade at $38 in the short term. The company is covered by 2 Wall Street Brokerage Firms. The average price target for shares are $40 with an expected fluctuation of $2.83 from the mean.

Alliant Energy Corporation (NYSE:LNT): stock turned positive on Friday. Though the stock opened at $39.71, the bulls momentum made the stock top out at $40.45 level for the day. The stock recorded a low of $39.52 and closed the trading day at $40.35, in the green by 1.56%. The total traded volume for the day was 859,977. The stock had closed at $39.73 in the previous days trading.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP, Gen Cnsl and Corp Sec) of Alliant Energy Corp, Gallegos James H had sold 5,000 shares worth of $201,450 in a transaction dated July 11, 2016. In this transaction, 5,000 shares were sold at $40.29 per share.

Alliant Energy Corporation (Alliant Energy) is a regulated investor-owned public utility holding company. The Company provides regulated electric and natural gas services in Iowa, Wisconsin and Minnesota. The Companys business segments are Utility and Non-regulated, Parent and Other. The Utility segment includes the operations of Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). The utility business segment includes utility electric operations, utility gas operations and utility other, which includes steam operations and the unallocated portions of the utility business. The Companys Non-regulated, Parent and Other segment includes the operations of Alliant Energy Resources, LLC (Resources) and its subsidiaries; Alliant Energy Corporate Services, Inc. (Corporate Services); the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments.

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