Are Analysts Bullish Alliant Energy Corporation (NYSE:LNT) After Last Week?

January 23, 2018 - By Adrian Mccoy

 Are Analysts Bullish Alliant Energy Corporation (NYSE:LNT) After Last Week?
Investors sentiment increased to 1.18 in Q3 2017. Its up 0.12, from 1.06 in 2017Q2. It increased, as 23 investors sold Alliant Energy Corporation shares while 119 reduced holdings. 33 funds opened positions while 134 raised stakes. 155.14 million shares or 3.55% more from 149.82 million shares in 2017Q2 were reported.
Virtus Invest Advisers Incorporated holds 4,493 shares. Los Angeles Management Equity Inc has invested 0% in Alliant Energy Corporation (NYSE:LNT). Cwm Limited Liability invested in 0.01% or 4,849 shares. Legg Mason Asset Management (Japan) has invested 0.51% of its portfolio in Alliant Energy Corporation (NYSE:LNT). Bartlett & Company Ltd Liability Corporation has 0% invested in Alliant Energy Corporation (NYSE:LNT) for 286 shares. Nationwide Fund Advsr invested 0.03% of its portfolio in Alliant Energy Corporation (NYSE:LNT). Trust Department Mb Retail Bank N A accumulated 442 shares. Monarch Partners Asset Mngmt Llc invested in 1.01% or 252,994 shares. Moreover, Opus Inv Incorporated has 1.03% invested in Alliant Energy Corporation (NYSE:LNT). Whittier Tru Company Of Nevada Inc, Nevada-based fund reported 2,215 shares. Cullen Frost Bankers owns 20,525 shares for 0.03% of their portfolio. Natl Planning Corporation invested in 0.05% or 5,505 shares. Mason Street Advisors Limited Liability Corporation accumulated 32,076 shares. 13,131 were reported by Gofen And Glossberg Ltd Liability Corp Il. Tiaa Cref Inv Ltd Liability Corp stated it has 493,122 shares or 0.01% of all its holdings.

Since September 7, 2017, it had 0 buys, and 1 sale for $85,665 activity.

Alliant Energy Corporation (NYSE:LNT) Ratings Coverage

Among 9 analysts covering Alliant Energy (NYSE:LNT), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Alliant Energy had 17 analyst reports since August 7, 2015 according to SRatingsIntel. Argus Research maintained Alliant Energy Corporation (NYSE:LNT) rating on Monday, March 21. Argus Research has “Buy” rating and $77 target. As per Monday, December 18, the company rating was downgraded by Wells Fargo. Zacks upgraded it to “Hold” rating and $69 target in Wednesday, August 12 report. The stock has “Outperform” rating by Wells Fargo on Monday, November 16. The rating was maintained by Argus Research with “Buy” on Thursday, August 25. On Tuesday, October 24 the stock rating was initiated by Bank of America with “Hold”. On Friday, March 18 the stock rating was maintained by Barclays Capital with “Overweight”. The firm earned “Neutral” rating on Tuesday, January 24 by Macquarie Research. Guggenheim maintained Alliant Energy Corporation (NYSE:LNT) rating on Tuesday, January 2. Guggenheim has “Hold” rating and $43.0 target. The stock of Alliant Energy Corporation (NYSE:LNT) has “Outperform” rating given on Friday, August 7 by Wolfe Research. Below is a list of Alliant Energy Corporation (NYSE:LNT) latest ratings and price target changes.

02/01/2018 Broker: Guggenheim Rating: Hold New Target: $43.0 Maintain
18/12/2017 Broker: Wells Fargo Rating: Hold New Target: $47.0 Downgrade
24/10/2017 Broker: Bank of America Rating: Hold New Target: $45.0 Initiate

The stock increased 0.36% or $0.14 during the last trading session, reaching $39.55. About 1.69M shares traded or 15.00% up from the average. Alliant Energy Corporation (NYSE:LNT) has risen 11.22% since January 23, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.

Alliant Energy Corporation operates as a utility holding firm that provides regulated electricity and natural gas services to residential, commercial, industrial, and wholesale clients in the Midwest region of the United States. The company has market cap of $9.14 billion. It operates through three divisions: Electric, Gas, and Other. It has a 21.23 P/E ratio. The company, through its subsidiary, Interstate Power and Light Company , primarily generates and distributes electricity, and distributes and transports natural gas to retail clients in Iowa; sells electricity to wholesale clients in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa.

More recent Alliant Energy Corporation (NYSE:LNT) news were published by: Nasdaq.com which released: “Alliant Energy (LNT) Shares Cross Below 200 DMA” on January 03, 2018. Also Nasdaq.com published the news titled: “Alliant Energy (LNT) Poised to Grow: Should You Hold It?” on December 28, 2017. Prnewswire.com‘s news article titled: “Alliant Energy Corporation declares quarterly common stock dividend; announces …” with publication date: January 15, 2018 was also an interesting one.

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