Alliant Energy Corporation (LNT) : Community Financial Services Group reduced its stake in Alliant Energy Corporation by 4.52% during the most recent quarter end. The investment management company now holds a total of 54,570 shares of Alliant Energy Corporation which is valued at $2,189,348 after selling 2,584 shares in Alliant Energy Corporation , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Alliant Energy Corporation makes up approximately 1.04% of Community Financial Services Group’s portfolio.
Other Hedge Funds, Including , Mitsubishi Ufj Kokusai Asset Management Ltd. boosted its stake in LNT in the latest quarter, The investment management firm added 3,143 additional shares and now holds a total of 45,561 shares of Alliant Energy Corporation which is valued at $1,827,907. Alliant Energy Corporation makes up approx 0.05% of Mitsubishi Ufj Kokusai Asset Management Ltd.’s portfolio. Oakbrook Investments sold out all of its stake in LNT during the most recent quarter. The investment firm sold 11,056 shares of LNT which is valued $446,110.Nisa Investment Advisors boosted its stake in LNT in the latest quarter, The investment management firm added 4,500 additional shares and now holds a total of 287,120 shares of Alliant Energy Corporation which is valued at $11,361,338. Alliant Energy Corporation makes up approx 0.15% of Nisa Investment Advisors’s portfolio.
Alliant Energy Corporation closed down -0.11 points or -0.28% at $39.28 with 12,37,712 shares getting traded on Monday. Post opening the session at $39.43, the shares hit an intraday low of $39.2118 and an intraday high of $39.72 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Alliant Energy Corporation reported $1.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Nov 5, 2015. Analyst had a consensus of $1.53. The company had revenue of $898.90 million for the quarter, compared to analysts expectations of $1093.82 million. The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.40 EPS.
Many Wall Street Analysts have commented on Alliant Energy Corporation. Barclays Downgraded Alliant Energy Corporation on Jun 10, 2016 to ” Equal Weight”, Price Target of the shares are set at $39.
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.