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Several hedge funds have recently adjusted their positions in Southern Company. Notable transactions include Heritage Wealth Management Inc. buying $372K worth, Sanctuary Advisors acquiring $27.4M, and Gordian Capital Singapore investing $325K. Overall, institutional investors hold 64.10% of the stock.
Southern Company Overview
Trading at $90.88 with a market cap of $99.37 billion, Southern has a P/E ratio of 23.48. It reported $1.10 EPS, exceeding estimates by $0.19, and annual revenue increase of 12.4%.
Dividends and Insider Transactions
Southern declared a quarterly dividend of $0.72, yielding 3.17%. CEO Anthony L. Wilson recently sold shares valued at over $535K. Insiders sold 15,845 shares worth $1.34M in the last 90 days.
Analyst Ratings
Mizuho downgraded Southern to neutral with a $90 price target. Overall, analysts have a consensus rating of Hold with an average target of $86.60.
View Our Latest Stock Analysis on SO
Company Profile
Southern Company engages in electricity generation and distribution, as well as natural gas operations across several states.
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