Atria Investments Inc. reduced its stake in Southern Company (SO) by 11.0% in the third quarter, selling 10,994 shares to hold 88,632 shares valued at $8.4 million. Southern Company recently declared a quarterly dividend of $0.74, resulting in an annualized dividend of $2.96 per share and a yield of approximately 3.1%. Wall Street analysts currently have a consensus “Hold” rating on the stock with an average price target of $94.91, although several have recently lowered their targets.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Atria Investments Inc Sells 10,994 Shares of Southern Company (The) $SO
Atria Investments Inc. reduced its stake in Southern Company (SO) by 11.0% in the third quarter, selling 10,994 shares to hold 88,632 shares valued at $8.4 million. Southern Company recently declared a quarterly dividend of $0.74, resulting in an annualized dividend of $2.96 per share and a yield of approximately 3.1%. Wall Street analysts currently have a consensus “Hold” rating on the stock with an average price target of $94.91, although several have recently lowered their targets.