Southern Co (NYSE:SO) CEO Stephen E. Kuczynski sold 7,000 shares of the stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $51.68, for a total value of $361,760.00. Following the transaction, the chief executive officer now directly owns 77,772 shares of the company’s stock, valued at $4,019,256.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

NYSE:SO opened at $51.77 on Thursday. The company has a market capitalization of $53.44 billion, a PE ratio of 16.86, a P/E/G ratio of 3.79 and a beta of 0.20. Southern Co has a 1 year low of $42.42 and a 1 year high of $52.65. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.67 and a quick ratio of 0.54.

Southern (NYSE:SO) last posted its quarterly earnings data on Wednesday, February 20th. The utilities provider reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.02. The business had revenue of $5.34 billion during the quarter, compared to analyst estimates of $4.88 billion. Southern had a return on equity of 11.39% and a net margin of 9.54%. The company’s revenue for the quarter was down 5.2% on a year-over-year basis. During the same period last year, the company earned $0.51 EPS. Research analysts expect that Southern Co will post 3.03 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of the company. Sontag Advisory LLC purchased a new stake in shares of Southern in the fourth quarter worth approximately $25,000. Vigilant Capital Management LLC purchased a new stake in shares of Southern in the fourth quarter worth approximately $30,000. Parkside Financial Bank & Trust raised its holdings in shares of Southern by 38.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 798 shares of the utilities provider’s stock worth $35,000 after buying an additional 220 shares during the period. Liberty Wealth Management LLC purchased a new stake in shares of Southern in the fourth quarter worth approximately $35,000. Finally, Lindbrook Capital LLC purchased a new stake in shares of Southern in the fourth quarter worth approximately $36,000. 56.84% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts recently commented on the company. ValuEngine lowered Southern from a “buy” rating to a “hold” rating in a research note on Monday, April 1st. SunTrust Banks reissued a “hold” rating and set a $52.00 price target on shares of Southern in a research note on Monday, February 25th. reissued a “sell” rating on shares of Southern in a research note on Wednesday, February 13th. reissued a “sell” rating on shares of Southern in a research note on Wednesday, February 13th. Finally, Citigroup raised Southern from a “sell” rating to a “neutral” rating and increased their price target for the company from $45.00 to $50.00 in a research note on Thursday, January 24th. Five equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $47.15.

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About Southern

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates in four segments: Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services. The company also constructs, acquires, owns, and manages power generation assets, including renewable energy facilities and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, wholesale gas services, and gas pipeline investments operations.

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