Natixis Advisors LLC Has $11.92 Million Stock Holdings in Alliant Energy Co. (NASDAQ:LNT)

Natixis Advisors LLC increased its holdings in Alliant Energy Co. (NASDAQ:LNT - Free Report) by 14.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 196,318 shares of the company's stock after buying an additional 25,161 shares during the period. Natixis Advisors LLC owned 0.08% of Alliant Energy worth $11,915,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Covestor Ltd grew its stake in Alliant Energy by 363.4% during the first quarter. Covestor Ltd now owns 1,659 shares of the company's stock worth $84,000 after buying an additional 1,301 shares in the last quarter. O Shaughnessy Asset Management LLC increased its stake in Alliant Energy by 28.9% in the first quarter. O Shaughnessy Asset Management LLC now owns 44,537 shares of the company's stock valued at $2,245,000 after acquiring an additional 9,977 shares during the last quarter. UniSuper Management Pty Ltd raised its position in Alliant Energy by 594.2% during the first quarter. UniSuper Management Pty Ltd now owns 21,471 shares of the company's stock valued at $1,082,000 after purchasing an additional 18,378 shares in the last quarter. Bessemer Group Inc. lifted its stake in Alliant Energy by 2,451.3% during the first quarter. Bessemer Group Inc. now owns 57,812 shares of the company's stock worth $2,914,000 after purchasing an additional 55,546 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co boosted its holdings in shares of Alliant Energy by 1.6% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 100,852 shares of the company's stock valued at $5,085,000 after purchasing an additional 1,571 shares in the last quarter. 79.90% of the stock is currently owned by institutional investors.

Alliant Energy Stock Down 0.0 %

Shares of LNT opened at $62.23 on Thursday. The company has a market capitalization of $15.97 billion, a PE ratio of 24.12, a PEG ratio of 3.08 and a beta of 0.58. The stock's 50-day moving average price is $60.13 and its two-hundred day moving average price is $55.93. The company has a current ratio of 0.86, a quick ratio of 0.72 and a debt-to-equity ratio of 1.33. Alliant Energy Co. has a 12 month low of $46.80 and a 12 month high of $62.59.

Alliant Energy (NASDAQ:LNT - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The company reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.05. The company had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.08 billion. Alliant Energy had a net margin of 16.66% and a return on equity of 10.56%. Alliant Energy's revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.05 earnings per share. On average, analysts anticipate that Alliant Energy Co. will post 3.04 EPS for the current year.

Alliant Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 3.09%. The ex-dividend date of this dividend was Thursday, October 31st. Alliant Energy's dividend payout ratio (DPR) is 74.42%.

Analysts Set New Price Targets

Several analysts recently weighed in on LNT shares. Jefferies Financial Group assumed coverage on Alliant Energy in a research report on Thursday, September 19th. They set a "hold" rating and a $67.00 price objective for the company. LADENBURG THALM/SH SH upgraded shares of Alliant Energy from a "neutral" rating to a "buy" rating and raised their price target for the company from $50.00 to $62.50 in a research note on Tuesday, August 13th. Wells Fargo & Company decreased their price target on shares of Alliant Energy from $66.00 to $65.00 and set an "overweight" rating on the stock in a report on Monday, November 4th. Mizuho boosted their target price on shares of Alliant Energy from $52.00 to $61.00 and gave the stock a "neutral" rating in a research note on Friday, October 4th. Finally, Bank of America increased their price target on Alliant Energy from $62.00 to $63.00 and gave the company a "buy" rating in a research note on Thursday, August 29th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Alliant Energy has a consensus rating of "Hold" and a consensus target price of $63.06.

About Alliant Energy

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the United States. It operates in three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa.