Alliant Energy Co. (NASDAQ:LNT) Holdings Raised by Centiva Capital LP

Centiva Capital LP raised its position in Alliant Energy Co. (NASDAQ:LNT - Free Report) by 206.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,598 shares of the company's stock after acquiring an additional 29,365 shares during the quarter. Centiva Capital LP's holdings in Alliant Energy were worth $2,578,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. SBI Securities Co. Ltd. purchased a new stake in shares of Alliant Energy during the fourth quarter worth approximately $29,000. ORG Partners LLC increased its position in shares of Alliant Energy by 517.0% in the 4th quarter. ORG Partners LLC now owns 617 shares of the company's stock valued at $36,000 after purchasing an additional 517 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of Alliant Energy by 67.5% in the 4th quarter. Larson Financial Group LLC now owns 722 shares of the company's stock valued at $43,000 after purchasing an additional 291 shares in the last quarter. WASHINGTON TRUST Co boosted its position in shares of Alliant Energy by 251.2% during the 4th quarter. WASHINGTON TRUST Co now owns 878 shares of the company's stock worth $52,000 after acquiring an additional 628 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. acquired a new stake in shares of Alliant Energy during the 4th quarter worth about $53,000. 79.90% of the stock is currently owned by hedge funds and other institutional investors.

Alliant Energy Trading Down 4.2%

LNT traded down $2.61 during trading on Monday, hitting $59.15. The company's stock had a trading volume of 1,047,559 shares, compared to its average volume of 1,944,353. The stock has a market cap of $15.19 billion, a PE ratio of 22.00, a PEG ratio of 2.83 and a beta of 0.58. The firm's 50 day moving average price is $61.85 and its 200-day moving average price is $60.85. Alliant Energy Co. has a twelve month low of $49.04 and a twelve month high of $66.54. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.86 and a quick ratio of 0.72.

Alliant Energy (NASDAQ:LNT - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.12. Alliant Energy had a return on equity of 11.39% and a net margin of 17.33%. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period last year, the business posted $0.62 EPS. The company's quarterly revenue was up 9.4% compared to the same quarter last year. On average, analysts expect that Alliant Energy Co. will post 3.23 earnings per share for the current year.

Alliant Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be paid a $0.5075 dividend. This represents a $2.03 annualized dividend and a dividend yield of 3.43%. The ex-dividend date is Wednesday, April 30th. Alliant Energy's dividend payout ratio (DPR) is 70.00%.

Analysts Set New Price Targets

Several equities research analysts recently commented on LNT shares. BMO Capital Markets cut their price target on shares of Alliant Energy from $66.00 to $64.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 22nd. Barclays downgraded Alliant Energy from an "equal weight" rating to an "underweight" rating and increased their price objective for the company from $59.00 to $61.00 in a report on Tuesday, April 22nd. Guggenheim reiterated a "neutral" rating and set a $57.00 price target on shares of Alliant Energy in a research note on Monday, February 24th. Finally, UBS Group increased their price target on Alliant Energy from $65.00 to $68.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $63.55.

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.