Tuesday, 12 November, 2019

Southern Co (NYSE:SO) 2017 Q3 Sentiment

Russell Knight | 28 December, 2017, 02:00

Finally, Bank of America restated an "underperform" rating and set a $51.00 price target on shares of Southern in a report on Tuesday, October 24th.

At Bancorp holds 2.24% of its portfolio in Flexsteel Industries, Inc. for 388,365 shares. The stock has a market cap of $48,675.96, a PE ratio of 86.61, a PEG ratio of 3.65 and a beta of 0.13.

The stock increased 0.23% or $0.11 during the last trading session, reaching $48.61. Following the sale, the insider now owns 7,474 shares in the company, valued at $398,214.72. Southern's revenue was down 1.0% on a year-over-year basis. research analysts anticipate that Southern Co will post 2.96 earnings per share for the current fiscal year. It has underperformed by 14.21% the S&P500.

Calamos Wealth Management Llc decreased its stake in Amer Intl Group (AIG) by 32.17% based on its latest 2017Q3 regulatory filing with the SEC. Also, insider Art P. Beattie sold 46,941 shares of the business's stock in a transaction that occurred on Thursday, October 26th. The institutional investor held 30,056 shares of the finance company at the end of 2017Q3, valued at $1.85 million, down from 44,314 at the end of the previous reported quarter.

The company has a Market-to-Book ratio of 2.02, result of growing asset side of the balance sheet. About 4.27 million shares traded. (NYSE:AIG) has risen 8.59% since December 25, 2016 and is uptrending. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. The stock of American International Group, Inc. The firm has "Underweight" rating by Morgan Stanley given on Thursday, August 10. The rating has been revealed to clients and investors in an analyst report on Tuesday, 17 October. As per Thursday, July 14, the company rating was upgraded by Barclays Capital. The rating was maintained by Keefe Bruyette & Woods with "Buy" on Wednesday, August 2. Provident Investment Management Inc bought 9,200 shares as the company's stock declined 12.57% while stock markets rallied. The firm earned "Buy" rating on Friday, December 8 by Mizuho. The firm has "Buy" rating by S&P Research given on Wednesday, August 5. Vanguard Group Inc. now owns 68,758,138 shares of the utilities provider's stock valued at $3,422,780,000 after purchasing an additional 2,688,854 shares during the last quarter. First Allied Advisory Svcs invested 0.31% in The Southern Company (NYSE:SO).

Southern (NYSE:SO) last released its quarterly earnings data on Wednesday, November 1st. They expect $0.47 earnings per share, up 95.83 % or $0.23 from last year's $0.24 per share. SO's profit will be $471.71M for 25.80 P/E if the $0.47 EPS becomes a reality. After $1.12 actual earnings per share reported by The Southern Company for the previous quarter, Wall Street now forecasts -58.04 % negative EPS growth.

Buys 5673 Shares of Bristol-Myers Squibb Co (BMY)
It turned negative, as 112 investors sold GE shares while 818 reduced holdings. 20 funds opened positions while 50 raised stakes. Credit Suisse Group reissued a "hold" rating on shares of Bristol-Myers Squibb in a research report on Friday, September 8th.

Blackrock Muni Income Trust (BBF): Tracking the Indicators
Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. Keeping a close watch on earnings beats may help investors catch the wave early enough to secure some future profits.

Enemies Trying to Make Iranians Frustrated, Sceptical: Leader
In 1988, a U.S. naval vessel mistook an Iran Air passenger flight for a fighter jet, shooting it down and killing 290 people. Department of Defense confirmed a US$750 million military sale to Saudi Arabia amid the country's war on Yemen.

Investors sentiment decreased to 1 in 2017 Q3. Its up 0.15, from 0.64 in 2017Q2. Investors of record on Monday, November 20th were issued a dividend of $0.58 per share. (NYSE:AIG) for 9,758 shares.

Several equities analysts have issued reports on SO shares. Perigon Wealth Mngmt Ltd Liability Corporation invested in 0.01% or 500 shares. Thompson Davis Communication Incorporated accumulated 195 shares or 0.02% of the stock. Janus Henderson Group PLC now owns 4,673,498 shares of the utilities provider's stock worth $223,766,000 after buying an additional 4,546,503 shares during the period. (NYSE:AIG). Arrowgrass Prtn (Us) LP holds 0.19% or 428,087 shares in its portfolio. 101,400 were accumulated by Viking Fund Management Limited Liability Company.

InterOcean Capital LLC raised its holdings in Southern Co (NYSE:SO) by 13.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. Its down 0.16, from 1.16 in 2017Q2. The ratio worsened, as 406 funds opened new and increased stock positions, while 404 decreased and sold stakes in Southern Co. 525.28 million shares or 0.91% more from 520.53 million shares in 2017Q2 were reported. New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.28% in The Southern Company (NYSE:SO). Quantitative Systematic Strategies Lc accumulated 0.2% or 15,266 shares. Ruggie Cap Grp Inc stated it has 0.08% in The Southern Company (NYSE:SO). Zacks Investment Research raised shares of Southern from a "hold" rating to a "buy" rating and set a $57.00 price objective for the company in a research report on Tuesday, December 12th. It also increased its holding in Las Vegas Sands Corp (NYSE:LVS) by 84,432 shares in the quarter, for a total of 1.82 million shares, and has risen its stake in Albemarle Corp (NYSE:ALB). Pictet North America Advisors invested in 0.33% or 41,792 shares. Mitsubishi UFJ Kokusai Asset Management Co. Moody National Bank Division, a Texas-based fund reported 20,160 shares. 90,044 are held by Private Advisor Gru Ltd Liability Com. Comerica Natl Bank accumulated 314,855 shares. Therefore 33% are positive. SO was included in 50 notes of analysts from July 21, 2015.

In other Southern news, CEO Stan W. Connally sold 16,100 shares of Southern stock in a transaction dated Tuesday, February 28th. The company was maintained on Monday, September 26 by SunTrust. Daiwa Gp reported 59,216 shares or 0.02% of all its holdings. RBC Capital Markets maintained The Southern Company (NYSE:SO) rating on Sunday, September 3. The stock of The Southern Company (NYSE:SO) earned "Buy" rating by Jefferies on Wednesday, August 30.

In related news, insider Ann P. Daiss sold 5,080 shares of the company's stock in a transaction that occurred on Friday, November 3rd. The firm has "Sector Perform" rating by Scotia Capital given on Friday, May 13. The stock presently has a consensus rating of "Hold" and a consensus price target of $49.92.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Recommended

  • Stearns Financial Services Group Reduces Position in UnitedHealth Group Incorporated (UNH)

    The -based Folger Nolan Fleming Douglas Cap Management has invested 0.69% in UnitedHealth Group Incorporated (NYSE:UNH). The stock has a market cap of $212,610.00, a price-to-earnings ratio of 24.95, a PEG ratio of 1.63 and a beta of 0.66.
    Browns' Hue Jackson says he'll keep promise to jump in Lake Erie

    Browns' Hue Jackson says he'll keep promise to jump in Lake Erie

    With the Browns set to go either 1-15 or 0-16 this year, Jackson was asked on Wednesday if he's going to fulfill his promise . Jackson hasn't sent a date for his splashdown, and said he would make it at his "convenience" - code for in warmer weather.

    Shares in Cypress Semiconductor Co. (NASDAQ:CY) Purchased by BB&T Securities LLC

    Arizona State Retirement Systems holds 0.03% of its portfolio in Cypress Semiconductor Corporation (NASDAQ:CY) for 188,488 shares. The total amount of shares outstanding is 335.19 million, giving the company a market capitalization of about 5.13 billion.
  • CT among 8 states suing environmental agency over upwind air pollution

    The designation requires those states to take actions to mitigate ozone pollution that blows to downwind states. Schneiderman filed the complaint with the District of Columbia's federal Court of Appeals.

    Boothbay Fund Management LLC Has $452000 Stake in WPX Energy Inc (WPX)

    The fund owned 447,288 shares of the oil and gas producer's stock after purchasing an additional 153,500 shares during the period. WPX Energy, Inc. (NYSE:WPX) now has a Weekly Volatility of 3.68% percent while its Monthly Volatility is at 3.56% percent.
    President Trump: Recently Signed Tax Plan Essentially Repeals ACA

    President Trump: Recently Signed Tax Plan Essentially Repeals ACA

    It was conducted between December 24-26, just days after Trump said the recently passed US tax bill "essentially" repeals the ACA. Things like Medicaid expansion and consumer protections are still around, political website The Hill reported.
  • Wenger Confirms Arsenal In Wilshere Talks

    Wenger Confirms Arsenal In Wilshere Talks

    The England midfielder spent last season on loan at Bournemouth but suffered a fractured fibula towards the end of the campaign. We have not been approached and I stick to what I said before", added Wenger.
    Deaths of 2 children east of Victoria deemed homicide

    Deaths of 2 children east of Victoria deemed homicide

    In an issued report, police state that a male has been transported to the hospital and is being treated for his injuries. RCMP say two children were the victims of a double homicide at a Vancouver Island home on Christmas Day.

    Hi-Crush Partners LP (HCLP) Announces Earnings Results

    It fall, as 32 investors sold YELP shares while 72 reduced holdings. 50 funds opened positions while 128 raised stakes. In analysts report shared with investors on 18 October, Cowen & Co. restate their "Buy" rating on shares of HCLP.
  • Gildan Activewear's (NYSE:GIL) Buy Rating Reiterated at Goldman Sachs Group

    It increased, as 72 investors sold AIG shares while 293 reduced holdings. 128 funds opened positions while 644 raised stakes. Marathon Asset Management LLP acquired a new stake in shares of Gildan Activewear during the 3rd quarter worth $12,991,000.
    Georgia, Oklahoma College Football Teams To Visit Disney California Adventure Park

    Georgia, Oklahoma College Football Teams To Visit Disney California Adventure Park

    Sporting News writer Bill Bender predicts an upset in the Rose Bowl , with the Sooners defeating Georgia 31-28. But before too much excitement, the parades, the games, the teams actually have to travel to California.
    Coastguard helps vessel listing in the Solent

    Coastguard helps vessel listing in the Solent

    The Maritime and Coastguard Agency says it has been hindered by the bad weather but plans to right the ship are progressing. The crew of Bembridge RNLI lifeboat are among those now on scene, and Yarmouth RNLI have been assisting overnight.

EPS for Alibaba Group Holding Limited (BABA) Expected At $1.45 Jefferies has "Buy" rating and $45.5 target. (NASDAQ:CSCO) has "Overweight" rating given on Monday, August 15 by Barclays Capital. Hence the difference between Predicted EPS and Actual EPS reported is $0.26/share which shows an Earnings Surprise of 25 Percent.

Can INSYS Therapeutics, Inc. (INSY)'s Tomorrow Be Different? The Stock Increases Again Alliancebernstein Limited Partnership has invested 0% in INSYS Therapeutics, Inc . (NASDAQ: INSY ) to report earnings on April, 2. Lannett had 27 analyst reports since July 21, 2015 according to SRatingsIntel. 133,839 were reported by Goldman Sachs.

(COG) Position Maintained by Birchview Capital LP The stock of Cabot Oil & Gas Corporation (NYSE:COG) has "Buy" rating given on Monday, September 18 by KeyBanc Capital Markets. Boston Partners acquired a new position in shares of Cabot Oil & Gas during the third quarter valued at about $64,249,000.

What Are Analysts Suggestions On The Western Union Company (WU) Following the sale, the executive vice president now directly owns 139,500 shares of the company's stock, valued at $2,859,750. The Western Union Company (NYSE:WU) shares were trading lower by -1 percent ($-0.19) at $18.89 a piece in Tuesday's session.

Peapack Gladstone Financial Corp Increases Holding in Blackrock INC Cl A (BLK) Also, Director Susan Wagner sold 4,000 shares of the company's stock in a transaction that occurred on Thursday, November 30th. BlackRock, Inc. had a market cap of 82.34B, indicating that it has a good hold on the market value of the shares outstanding.

Man dealt drugs via drone, authorities say Man dealt drugs via drone, authorities say The girl was placed with Riverside County Child Protective Services agents and later released to her biological mother, according to City News Service .

First Han Solo Star Wars movie spin-off promo image leaks First Han Solo Star Wars movie spin-off promo image leaks With a fandom as big as Star Wars , I can already imagine some people hating on this movie even if it turns out okay. They were anxious about it before all 'The Last Jedi controversy, ' but now they're essentially writing Solo off.

Rigel Pharmaceuticals, Inc. (RIGL) - Market Traders Recap Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings.

The Deputy Director of the Federal Bureau of Investigation is preparing to resign The Deputy Director of the Federal Bureau of Investigation  is preparing to resign Strzok and Page used words like "idiot" and "loathsome human" to describe Trump during the campaign. Trump said earlier this week that he's not considering firing Mueller.

Snapchat to bring Stories to the web with new 'Stories Everywhere' feature Snapchat to bring Stories to the web with new 'Stories Everywhere' feature Snapchat will reportedly begin to push content outside of its own platform in an attempt to address its stagnant user growth. One of Snapchat's best-received features was Stories, which was rapidly copied by Instagram, Messenger and Whatsapp.

Naresh Agarwal strikes controversy, justifies treatment meted out to Jadhav's family Naresh Agarwal strikes controversy, justifies treatment meted out to Jadhav's family This included removal of mangalsutra , bangles and bindi, as well as a change in attire that was not warranted by security. He also sought an immediate end to the External Affairs Ministry issuing medical visas to Pakistani nationals.

Cruise ship collision near Germany's Duisburg injures 25 Cruise ship collision near Germany's Duisburg injures 25 Passengers on board were able to continue their trip after the travel company they were with sent a new boat for them to board. The " Swiss Crystal " was carrying 129 people when the accident occurred late on Tuesday evening, a police spokesman said.

Do You Have Cisco Systems, Inc. (NASDAQ:CSCO) In Your Portfolio? The stock has "Underperform" rating by Credit Suisse on Thursday, August 18. (NASDAQ:CSCO) on Friday, October 6 with "Buy" rating. Thrivent Financial For Lutherans holds 0.1% or 519,170 shares in its portfolio. (NASDAQ:CSCO) for 30.40 million shares.

Former Arkansas OL commit Luke Jones announces commitment to Notre Dame Former Arkansas OL commit Luke Jones announces commitment to Notre Dame Arkansas is beginning a new era with coach Chad Morris after Bret Bielema was sacked following the most recent season. He made an unofficial visit to South Bend for the Southern Cal game October 21 and an official visit on December 8-10.

SpaceX rocket lights sky as it carries satellites from California SpaceX rocket lights sky as it carries satellites from California Los Angeles Fire Department had issued an alert to explain that the "mysterious light in the sky" was the rocket launch. It's launching 75 new satellites for the company that is working on phasing out an older network of satellites.