Alliant Energy Corporation (LNT) : Godsey Gibb Associates reduced its stake in Alliant Energy Corporation by 0.1% during the most recent quarter end. The investment management company now holds a total of 398,172 shares of Alliant Energy Corporation which is valued at $15,743,721 after selling 398 shares in Alliant Energy Corporation , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Alliant Energy Corporation makes up approximately 2.77% of Godsey Gibb Associates’s portfolio.
Other Hedge Funds, Including , Alliancebernstein boosted its stake in LNT in the latest quarter, The investment management firm added 230,671 additional shares and now holds a total of 396,579 shares of Alliant Energy Corporation which is valued at $15,680,734. Alliant Energy Corporation makes up approx 0.01% of Alliancebernstein’s portfolio.Blackrock Investment Management reduced its stake in LNT by selling 165,041 shares or 20.17% in the most recent quarter. The Hedge Fund company now holds 653,037 shares of LNT which is valued at $25,821,083. Alliant Energy Corporation makes up approx 0.03% of Blackrock Investment Management’s portfolio.Community Financial Services Group reduced its stake in LNT by selling 2,584 shares or 4.52% in the most recent quarter. The Hedge Fund company now holds 54,570 shares of LNT which is valued at $2,189,348. Alliant Energy Corporation makes up approx 1.04% of Community Financial Services Group’s portfolio.Gierl Augustine Investment Management Inc boosted its stake in LNT in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 1,141 shares of Alliant Energy Corporation which is valued at $45,309. Alliant Energy Corporation makes up approx 0.05% of Gierl Augustine Investment Management Inc’s portfolio.Gateway Investment Advisers reduced its stake in LNT by selling 45,521 shares or 9.33% in the most recent quarter. The Hedge Fund company now holds 442,139 shares of LNT which is valued at $17,557,340. Alliant Energy Corporation makes up approx 0.15% of Gateway Investment Advisers’s portfolio.
Alliant Energy Corporation closed down -0.5 points or -1.28% at $38.58 with 13,62,328 shares getting traded on Tuesday. Post opening the session at $39.17, the shares hit an intraday low of $38.56 and an intraday high of $39.34 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.