Investors bought shares of Southern Co (NYSE:SO) on weakness during trading hours on Tuesday. $131.72 million flowed into the stock on the tick-up and $99.31 million flowed out of the stock on the tick-down, for a money net flow of $32.41 million into the stock. Of all equities tracked, Southern had the 13th highest net in-flow for the day. Southern traded down ($0.23) for the day and closed at $43.49

A number of equities analysts have recently issued reports on the stock. SunTrust Banks set a $47.00 price objective on shares of Southern and gave the stock a “hold” rating in a research report on Monday. UBS Group assumed coverage on shares of Southern in a research report on Friday, February 2nd. They issued a “neutral” rating and a $46.00 price target on the stock. ValuEngine cut shares of Southern from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Mizuho cut shares of Southern from a “buy” rating to a “neutral” rating and set a $44.50 price target on the stock. in a research report on Tuesday, January 23rd. Finally, Zacks Investment Research cut shares of Southern from a “hold” rating to a “sell” rating in a research report on Monday, January 15th. Six research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. Southern has an average rating of “Hold” and an average price target of $50.50.

The company has a current ratio of 0.73, a quick ratio of 0.57 and a debt-to-equity ratio of 1.73. The firm has a market cap of $43,647.79, a P/E ratio of 77.57, a P/E/G ratio of 3.23 and a beta of 0.03.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 6th. Shareholders of record on Tuesday, February 20th will be paid a $0.58 dividend. The ex-dividend date is Friday, February 16th. This represents a $2.32 annualized dividend and a yield of 5.30%. Southern’s dividend payout ratio (DPR) is 414.29%.

Large investors have recently bought and sold shares of the business. Iberiabank Corp increased its stake in Southern by 6.5% in the 3rd quarter. Iberiabank Corp now owns 151,315 shares of the utilities provider’s stock valued at $7,437,000 after buying an additional 9,232 shares during the last quarter. Atlantic Trust Group LLC increased its stake in shares of Southern by 13.4% during the 3rd quarter. Atlantic Trust Group LLC now owns 23,732 shares of the utilities provider’s stock worth $1,166,000 after purchasing an additional 2,804 shares during the last quarter. Confluence Investment Management LLC increased its stake in shares of Southern by 2.8% during the 4th quarter. Confluence Investment Management LLC now owns 2,050,249 shares of the utilities provider’s stock worth $98,596,000 after purchasing an additional 55,264 shares during the last quarter. National Pension Service increased its stake in shares of Southern by 3.7% during the 4th quarter. National Pension Service now owns 842,651 shares of the utilities provider’s stock worth $40,523,000 after purchasing an additional 30,381 shares during the last quarter. Finally, Synovus Financial Corp increased its stake in shares of Southern by 7.2% during the 3rd quarter. Synovus Financial Corp now owns 931,263 shares of the utilities provider’s stock worth $45,761,000 after purchasing an additional 62,321 shares during the last quarter. Hedge funds and other institutional investors own 53.64% of the company’s stock.

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Southern Company Profile

The Southern Company (Southern Company) is a holding company. The Company owns all of the stock of the traditional electric operating companies and the parent entities of Southern Power Company (Southern Power) and Southern Company Gas, and owns other direct and indirect subsidiaries. The Company’s segments include Gas distribution operations, Gas marketing services, Wholesale gas services, Gas midstream operations and All other.

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