14,233 Shares in Alliant Energy Co. (NASDAQ:LNT) Acquired by Centiva Capital LP

Centiva Capital LP acquired a new position in Alliant Energy Co. (NASDAQ:LNT - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 14,233 shares of the company's stock, valued at approximately $864,000.

Several other institutional investors also recently modified their holdings of LNT. Massmutual Trust Co. FSB ADV boosted its stake in shares of Alliant Energy by 7.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 2,605 shares of the company's stock valued at $158,000 after purchasing an additional 174 shares in the last quarter. Empirical Finance LLC lifted its holdings in Alliant Energy by 2.2% during the 3rd quarter. Empirical Finance LLC now owns 8,637 shares of the company's stock valued at $524,000 after purchasing an additional 189 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its position in Alliant Energy by 0.9% in the second quarter. Oregon Public Employees Retirement Fund now owns 21,979 shares of the company's stock valued at $1,119,000 after buying an additional 200 shares in the last quarter. Retirement Systems of Alabama increased its holdings in shares of Alliant Energy by 0.4% during the second quarter. Retirement Systems of Alabama now owns 56,557 shares of the company's stock worth $2,879,000 after buying an additional 236 shares in the last quarter. Finally, Arizona State Retirement System raised its stake in shares of Alliant Energy by 0.3% in the second quarter. Arizona State Retirement System now owns 70,426 shares of the company's stock valued at $3,585,000 after acquiring an additional 239 shares during the last quarter. Institutional investors and hedge funds own 79.90% of the company's stock.

Alliant Energy Trading Down 0.8 %

LNT traded down $0.48 during trading on Friday, reaching $61.06. 1,773,093 shares of the company's stock were exchanged, compared to its average volume of 1,619,939. The company's fifty day moving average price is $60.76 and its 200-day moving average price is $56.77. The firm has a market capitalization of $15.67 billion, a PE ratio of 23.65, a P/E/G ratio of 3.06 and a beta of 0.59. Alliant Energy Co. has a fifty-two week low of $46.80 and a fifty-two week high of $64.19. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.72 and a current ratio of 0.86.

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

Alliant Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date of this dividend was Thursday, October 31st. Alliant Energy's dividend payout ratio is currently 74.42%.

Analysts Set New Price Targets

LNT has been the subject of a number of recent analyst reports. Bank of America raised their price target on Alliant Energy from $62.00 to $63.00 and gave the company a "buy" rating in a report on Thursday, August 29th. UBS Group raised their target price on Alliant Energy from $64.00 to $65.00 and gave the company a "neutral" rating in a research note on Friday, September 20th. Wells Fargo & Company reduced their price target on shares of Alliant Energy from $66.00 to $65.00 and set an "overweight" rating on the stock in a research report on Monday, November 4th. Jefferies Financial Group assumed coverage on shares of Alliant Energy in a research report on Thursday, September 19th. They set a "hold" rating and a $67.00 target price on the stock. Finally, Barclays lowered their price target on shares of Alliant Energy from $61.00 to $59.00 and set an "equal weight" rating for the company in a report on Wednesday, November 6th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $63.06.

Alliant Energy Profile

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.