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Southern Company reported strong earnings and saw increased stock holdings by various firms, boosting its institutional ownership.
The Southern Company saw significant stock activity in the third quarter, with various firms like Destination Wealth Management and Fiduciary Financial Group LLC increasing their holdings.
The company reported strong earnings of $1.43 per share, exceeding estimates, and has a robust institutional ownership of 64.10%.
Additionally, executives and other investors have adjusted their stock positions, and the company offers a dividend yield of 3.45%.
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Southern Company informó de fuertes ganancias y observó un aumento de las tenencias de acciones por parte de varias empresas, lo que impulsó su propiedad institucional.