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Stock impact report

ALLETE, Inc. (NYSE:ALE) is favoured by institutional owners who hold 77% of the company [Yahoo! Finance]

Allete, Inc. (ALE) 
Last allete, inc. earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.allete.com/investor-relations
Company Research Source: Yahoo! Finance
A total of 18 investors have a majority stake in the company with 51% ownership Using data from analyst forecasts alongside ownership research, one can better assess the future performance of a company Every investor in ALLETE, Inc. ( NYSE:ALE ) should be aware of the most powerful shareholder groups. We can see that institutions own the lion's share in the company with 77% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Let's take a closer look to see what the different types of shareholders can tell us about ALLETE. See our latest analysis for ALLETE What Does The Institutional Ownership Tell Us About ALLETE? Show less Read more
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