Investors sentiment decreased to 1.28 in Q2 2019. Its down 0.01, from 1.29 in 2019Q1. It is negative, as 33 investors sold SO shares while 284 reduced holdings. 93 funds opened positions while 312 raised stakes. 589.04 million shares or 2.90% more from 572.43 million shares in 2019Q1 were reported. Thrivent Fincl For Lutherans invested in 0.03% or 169,364 shares. Van Hulzen Asset Management Ltd Liability reported 18,536 shares. First Bancorp accumulated 0.06% or 7,423 shares. Personal Capital Advisors Corp reported 822,753 shares. Bragg Fin Advisors accumulated 140,672 shares. Ameritas Inv Prtnrs holds 18,059 shares or 0.05% of its portfolio. Valley National Advisers accumulated 300 shares or 0% of the stock. West Chester Incorporated holds 3,845 shares. Moreover, Cornerstone has 0.01% invested in The Southern Company (NYSE:SO) for 1,565 shares. Viking Fund Mngmt Ltd Liability Corporation has invested 0.02% in The Southern Company (NYSE:SO). Horseman Mgmt Limited accumulated 22,000 shares. Lakeview Prtn Ltd Liability has invested 1.02% in The Southern Company (NYSE:SO). Korea Corporation holds 539,204 shares or 0.13% of its portfolio. Legg Mason Asset Management (Japan) Limited holds 0.57% or 9,126 shares in its portfolio. Cortland Advisers Ltd Liability Company has 920,579 shares.
State Of Alaska Department Of Revenue decreased its stake in Southern Co (SO) by 42.39% based on its latest 2019Q2 regulatory filing with the SEC. State Of Alaska Department Of Revenue sold 216,138 shares as the company’s stock rose 7.01% . The institutional investor held 293,772 shares of the central company at the end of 2019Q2, valued at $16.24M, down from 509,910 at the end of the previous reported quarter. State Of Alaska Department Of Revenue who had been investing in Southern Co for a number of months, seems to be less bullish one the $65.67B market cap company. The stock increased 0.40% or $0.25 during the last trading session, reaching $62.62. About 3.54M shares traded. The Southern Company (NYSE:SO) has risen 17.30% since December 4, 2018 and is uptrending. It has outperformed by 17.30% the S&P500.
State Of Alaska Department Of Revenue, which manages about $5.95 billion US Long portfolio, upped its stake in Cms Energy Corp (NYSE:CMS) by 53,252 shares to 358,839 shares, valued at $20.78 million in 2019Q2, according to the filing. It also increased its holding in Omnicom Group Inc (NYSE:OMC) by 38,261 shares in the quarter, for a total of 137,011 shares, and has risen its stake in American Tower Corp New (NYSE:AMT).
Analysts await The Southern Company (NYSE:SO) to report earnings on February, 19. They expect $0.34 EPS, up 36.00 % or $0.09 from last year’s $0.25 per share. SO’s profit will be $356.57M for 46.04 P/E if the $0.34 EPS becomes a reality. After $1.34 actual EPS reported by The Southern Company for the previous quarter, Wall Street now forecasts -74.63 % negative EPS growth.
More notable recent The Southern Company (NYSE:SO) news were published by: Finance.Yahoo.com which released: “Imagine Owning Cleveland-Cliffs (NYSE:CLF) And Wondering If The 28% Share Price Slide Is Justified – Yahoo Finance” on December 04, 2019, also Finance.Yahoo.com with their article: “With A 5.1% Return On Equity, Is GSX Techedu Inc. (NYSE:GSX) A Quality Stock? – Yahoo Finance” published on December 04, 2019, Finance.Yahoo.com published: “Here’s Why We Think Jefferies Financial Group (NYSE:JEF) Is Well Worth Watching – Yahoo Finance” on December 04, 2019. More interesting news about The Southern Company (NYSE:SO) were released by: Finance.Yahoo.com and their article: “Southern (NYSE:SO) Shareholders Booked A 30% Gain In The Last Year – Yahoo Finance” published on November 08, 2019 as well as Fool.com‘s news article titled: “Is Dominion Energy a Great Dividend Stock? – Motley Fool” with publication date: November 18, 2019.
The Southern Company (NYSE:SO) Ratings Coverage
Among 5 analysts covering Southern (NYSE:SO), 0 have Buy rating, 2 Sell and 3 Hold. Therefore 0 are positive. Southern has $6400 highest and $5400 lowest target. $61’s average target is -2.59% below currents $62.62 stock price. Southern had 11 analyst reports since August 1, 2019 according to SRatingsIntel. The stock of The Southern Company (NYSE:SO) has “Underweight” rating given on Friday, August 16 by Morgan Stanley. The firm has “Hold” rating by UBS given on Thursday, October 31. The company was maintained on Thursday, October 31 by Wolfe Research. As per Thursday, September 12, the company rating was maintained by Bank of America. Citigroup maintained it with “Neutral” rating and $6100 target in Tuesday, October 29 report. Bank of America maintained The Southern Company (NYSE:SO) rating on Thursday, August 1. Bank of America has “Neutral” rating and $6000 target. The stock has “Neutral” rating by UBS on Friday, September 6.
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