Raleigh Capital Management Inc. has offloaded 980 shares of The Southern Company. Meanwhile, GLOBALT Investments LLC GA has initiated a new $6.09 Million investment in the company. The Southern Company has increased its dividend for the 23rd year in a row, with the annualized rate rising to $2.88 per share. The company's first-quarter results are set to be released on May 2nd. According to value estimation, its shares could be 31% above their intrinsic value. Eventide Asset Management LLC has bought 169005 shares while Royal London Asset Management Ltd. has reduced its stake. Southern Company's 2024 Q1 earnings call transcript revealed profitable earnings. The company has also issued its annual Moving to Equity Report for 2023.Voisard Asset Management Group Inc. invested $31000 and Wealthquest Corp bought new shares. Prudential PLC sold 155 shares. Despite several positive developments, Southern Co.'s stock has sunk as market gains. However, its Q1 earnings beat expectations due to lower operating expenses. The company has also announced a partnership with U.S. UNDERRATED Golf Tour and launched electric vehicle initiatives.
The Southern Company SO News Analytics from Fri, 04 Aug 2023 07:00:00 GMT to Sun, 16 Jun 2024 16:51:30 GMT -
Rating 4
- Innovation 5
- Information 7
- Rumor 2
