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Southern Company saw significant share sales by Schroders and its CEOs, with stock rated "Hold" despite $6.34B revenue.
Southern Company (NYSE: SO), a utility provider, saw Schroder Investment Management Group sell 7,996,114 shares in the fourth quarter, reducing holdings to 501,404 shares.
Additionally, Southern's CEO, Kimberly S. Greene, sold 32,190 shares, and CEO James Peoples sold 14,540 shares.
The company reported earnings of $0.50 per share, slightly missing estimates, with a revenue of $6.34 billion.
Southern's stock has a "Hold" rating and a price target of $91.46.
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Southern Company vio ventas significativas de acciones por Schroders y sus CEOs, con acciones calificadas como "Hold" a pesar de los ingresos de $6.34B.