ALLETE (ALE) News Today

ALLETE, Inc. (NYSE:ALE - Get Free Report) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 1,090,000 shares, a decrease of 9.2% from the July 15th total of 1,200,000 shares. Based on an average daily trading volume, of 494,900 shares, the short-interest ratio is currently 2.2 days.

StockNews.com began coverage on shares of ALLETE in a research note on Sunday. They issued a "hold" rating on the stock.

Teachers Retirement System of The State of Kentucky lessened its stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 52.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,598 shares of the utilities provi

Boston Partners boosted its holdings in ALLETE, Inc. (NYSE:ALE - Free Report) by 59.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 30,441 shares of the utilities provider's stock after purchasing an additional 11,321 shares during th

ALLETE (NYSE:ALE - Get Free Report) issued its quarterly earnings data on Thursday. The utilities provider reported $0.57 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.30). ALLETE had a return on equity of 7.07% and a net margin of 14.36%. The company had revenue of $354.50 million during the quarter, compared to analysts' expectations of $547.24 million. During the same quarter last year, the business earned $0.90 earnings per share. The business's quarterly revenue was down 33.6% on a year-over-year basis.

StockNews.com started coverage on ALLETE in a research note on Saturday. They set a "hold" rating on the stock.

Quadrature Capital Ltd reduced its stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 75.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,187 shares of the utilities provider's stock after selling 12,854 shar

Invenomic Capital Management LP raised its holdings in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 154.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 250,895 shares of the utilities provider's stock after

Vanguard Group Inc. lifted its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 0.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,615,496 shares of the utilities provider's stock after buying an additional 35,99

State Board of Administration of Florida Retirement System reduced its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 65.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,689 shares of t

ALLETE, Inc. (NYSE:ALE) announced a dividend on Thursday, July 25th. Shareholders of record on Thursday, August 15th will be paid a dividend of 0.7005 per share by the utilities provider on Sunday, September 1st. The ex-dividend date of this dividend is Thursday, August 15th.

StockNews.com assumed coverage on ALLETE in a report on Friday. They issued a "hold" rating for the company.

ALLETE (NYSE:ALE) will be releasing earnings before the market opens on Thursday, August 1, Zacks reports.

Russell Investments Group Ltd. trimmed its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 14.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 203,654 shares of the utilities provider's stock after selling 35

StockNews.com assumed coverage on shares of ALLETE in a research note on Thursday. They issued a "hold" rating for the company.

Sei Investments Co. increased its holdings in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 2.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 308,300 shares of the utilities provider's stock after buying an add

SG Americas Securities LLC grew its position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 167.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,723 shares of the utilities provider's stock after buying an a

Susquehanna Fundamental Investments LLC bought a new stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 28,561 shares of the utilities provider's stock, valued at approximately $1,703,000. Other

Capstone Investment Advisors LLC purchased a new position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 14,316 shares of the utilities provider's stock,

StockNews.com started coverage on shares of ALLETE in a research note on Tuesday. They set a "hold" rating for the company.

Vanguard Group Inc. raised its stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,579,504 shares of the utilities provid

Shares of ALLETE, Inc. (NYSE:ALE - Get Free Report) have been assigned an average rating of "Reduce" from the five brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and four have given a hold recomm

StockNews.com assumed coverage on shares of ALLETE in a research report on Sunday. They set a "hold" rating for the company.

Invenomic Capital Management LP decreased its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 18.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,601 shares of the utilities provider's

Gabelli Funds LLC trimmed its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 12.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 281,500 shares of the utilities provider's stock after selling 38,250 shar

US Bancorp DE lessened its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 45.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,387 shares of the utilities provider's stock after selling 12,763 shares during the per

Trexquant Investment LP lessened its stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 79.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,933 shares of the utilities provider's stock after selling 22,887 shares during the pe

Cbre Investment Management Listed Real Assets LLC trimmed its holdings in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 18.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 560,295 shares of the utilities provider's st

ALLETE, Inc. (NYSE:ALE - Get Free Report) has received a consensus rating of "Reduce" from the five ratings firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. The average 1 year price

Corient Private Wealth LLC acquired a new stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 64,833 shares of the utilities provider's stock, val

Dimensional Fund Advisors LP raised its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 2.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 888,731 shares of the utilities provider's stock after acqu