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flag Tokio Marine boosts ALLETE stock ownership as the energy firm misses Q4 earnings estimates.

flag Tokio Marine Asset Management bought 83,000 ALLETE Inc. shares in Q4, raising their ownership to 0.14%. flag Institutional investors now hold 76.55% of ALLETE's stock. flag ALLETE reported Q4 earnings of $0.78 per share, missing estimates by $0.21. flag The company has a market cap of $3.79 billion and declared a $0.73 quarterly dividend, yielding 4.45%. flag ALLETE operates as an energy provider in Minnesota and Wisconsin.

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