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Southern Company saw increased stock holdings by major investors, reporting strong Q1 earnings and a high dividend yield.
Southern Company, a utility provider, saw multiple investment firms increase their stock holdings.
TFR Capital LLC invested $612,000, while Cahaba Wealth Management Inc. increased its holdings by 14.9%.
Southern Company reported Q1 earnings of $1.23 EPS, exceeding estimates by $0.03, and a 3.20% dividend yield.
Institutional investors own 64.10% of the company's stock, and it has a market cap of $101.77 billion.
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Southern Company vio un aumento de las tenencias de acciones por parte de los principales inversores, reportando fuertes ganancias del primer trimestre y un alto rendimiento de dividendos.