Virtu KCG Holdings LLC decreased its stake in Alliant Energy Corporation (NYSE:LNT) by 20.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,126 shares of the utilities provider’s stock after selling 3,812 shares during the period. Virtu KCG Holdings LLC’s holdings in Alliant Energy Corporation were worth $608,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Renaissance Technologies LLC lifted its holdings in shares of Alliant Energy Corporation by 1,039.9% in the 2nd quarter. Renaissance Technologies LLC now owns 500,400 shares of the utilities provider’s stock worth $20,101,000 after purchasing an additional 456,500 shares during the last quarter. TLP Group LLC lifted its holdings in shares of Alliant Energy Corporation by 4,781.0% in the 2nd quarter. TLP Group LLC now owns 6,150 shares of the utilities provider’s stock worth $247,000 after purchasing an additional 6,024 shares during the last quarter. Parametric Portfolio Associates LLC lifted its holdings in shares of Alliant Energy Corporation by 19.4% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 514,451 shares of the utilities provider’s stock worth $20,665,000 after purchasing an additional 83,607 shares during the last quarter. Advisor Group Inc. lifted its holdings in shares of Alliant Energy Corporation by 12.8% in the 2nd quarter. Advisor Group Inc. now owns 21,637 shares of the utilities provider’s stock worth $732,000 after purchasing an additional 2,463 shares during the last quarter. Finally, Cibc World Markets Corp lifted its holdings in shares of Alliant Energy Corporation by 35.5% in the 2nd quarter. Cibc World Markets Corp now owns 32,202 shares of the utilities provider’s stock worth $1,294,000 after purchasing an additional 8,436 shares during the last quarter. 66.52% of the stock is currently owned by institutional investors and hedge funds.

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In other news, insider Wayne A. Reschke sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $42.83, for a total value of $85,660.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.33% of the stock is owned by insiders.

Several analysts recently issued reports on the company. BidaskClub raised Alliant Energy Corporation from a “hold” rating to a “buy” rating in a report on Saturday, August 19th. Jefferies Group LLC restated a “hold” rating and issued a $43.00 target price (up from $42.00) on shares of Alliant Energy Corporation in a research report on Wednesday, August 9th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $41.25.

Shares of Alliant Energy Corporation (LNT) opened at 41.92 on Friday. Alliant Energy Corporation has a 52-week low of $34.88 and a 52-week high of $43.69. The company has a 50-day moving average price of $42.45 and a 200 day moving average price of $40.98. The firm has a market capitalization of $9.69 billion, a PE ratio of 24.75 and a beta of 0.42.

Alliant Energy Corporation (NYSE:LNT) last announced its earnings results on Thursday, August 3rd. The utilities provider reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The business had revenue of $765.30 million for the quarter, compared to the consensus estimate of $725.92 million. Alliant Energy Corporation had a return on equity of 11.43% and a net margin of 11.85%. Alliant Energy Corporation’s revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.37 EPS. Analysts expect that Alliant Energy Corporation will post $2.01 EPS for the current fiscal year.

Alliant Energy Corporation Profile

Alliant Energy Corporation operates as a regulated investor-owned public utility holding company. The Company’s segments include 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), which serve retail customers in Iowa and Wisconsin.

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Institutional Ownership by Quarter for Alliant Energy Corporation (NYSE:LNT)

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