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ABN AMRO Bank N.V. Takes $1.97 Million Position in Southern Company (The) $SO
ABN AMRO Bank N.V. has acquired a new position of 20,965 shares in Southern Company, valued at approximately $1.97 million during Q3. Despite several analyst downgrades, the consensus rating for Southern Company is “Hold” with an average price target of $94.91, and a recent Weiss Ratings reaffirming a “buy”. The company also announced a quarterly dividend of $0.74 per share, offering an annualized yield of around 3.3%.