The Southern Company (SO) Forms $45.53 Double Bottom; Trilogy Global Advisors LP Has Lifted Its Itau Unibanco Hldg Sa (ITUB) Stake

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The Southern Company (SO) formed double bottom with $41.89 target or 8.00% below today’s $45.53 share price. The Southern Company (SO) has $46.10 billion valuation. The stock increased 1.02% or $0.46 during the last trading session, reaching $45.53. About 1.33M shares traded. The Southern Company (NYSE:SO) has declined 11.47% since April 17, 2017 and is downtrending. It has underperformed by 23.02% the S&P500.

Trilogy Global Advisors Lp increased Itau Unibanco Hldg Sa (ITUB) stake by 1.5% reported in 2017Q4 SEC filing. Trilogy Global Advisors Lp acquired 48,295 shares as Itau Unibanco Hldg Sa (ITUB)’s stock rose 24.81%. The Trilogy Global Advisors Lp holds 3.27 million shares with $42.52 million value, up from 3.22M last quarter. Itau Unibanco Hldg Sa now has $92.48B valuation. The stock increased 0.75% or $0.11 during the last trading session, reaching $14.7. About 1.38 million shares traded. Itaú Unibanco Holding S.A. (NYSE:ITUB) has risen 32.34% since April 17, 2017 and is uptrending. It has outperformed by 20.79% the S&P500.

Investors sentiment increased to 1.1 in Q4 2017. Its up 0.10, from 1 in 2017Q3. It increased, as 56 investors sold The Southern Company shares while 329 reduced holdings. 75 funds opened positions while 350 raised stakes. 548.17 million shares or 4.36% more from 525.28 million shares in 2017Q3 were reported. 4,534 are held by Peak Asset Mngmt Limited Liability Company. Stevens Management Ltd Partnership holds 0.12% or 66,601 shares in its portfolio. First Fiduciary Counsel holds 1.92% or 218,913 shares in its portfolio. Jpmorgan Chase And reported 0.01% stake. Moneta Grp Inv Advisors Ltd Liability Corp accumulated 0.03% or 4,518 shares. Rnc Cap Management Limited Co invested in 5,559 shares. Proshare Advsr reported 156,669 shares. Crawford Investment Counsel holds 1.82% in The Southern Company (NYSE:SO) or 1.22 million shares. Loring Wolcott & Coolidge Fiduciary Advsr Llp Ma invested in 0% or 4,500 shares. Tompkins Fincl Corporation has 54,689 shares. The Delaware-based Tiverton Asset Mgmt Lc has invested 0.02% in The Southern Company (NYSE:SO). City Holdg holds 46,630 shares. Chatham Group stated it has 0.19% of its portfolio in The Southern Company (NYSE:SO). 185,553 are held by Sadoff Mngmt Lc. Buckingham Asset Management Limited Liability Corporation invested 0.25% in The Southern Company (NYSE:SO).

Among 20 analysts covering The Southern Company (NYSE:SO), 5 have Buy rating, 6 Sell and 9 Hold. Therefore 25% are positive. The Southern Company has $62 highest and $43 lowest target. $48.85’s average target is 7.29% above currents $45.53 stock price. The Southern Company had 75 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, January 23 by Mizuho. The stock has “Buy” rating by Jefferies on Wednesday, July 19. Deutsche Bank maintained the shares of SO in report on Thursday, February 22 with “Buy” rating. JP Morgan maintained the stock with “Underweight” rating in Tuesday, April 10 report. Morgan Stanley maintained it with “Underweight” rating and $45 target in Monday, April 16 report. The stock of The Southern Company (NYSE:SO) has “Neutral” rating given on Thursday, July 14 by Goldman Sachs. The company was maintained on Tuesday, February 27 by Credit Suisse. SunTrust maintained the shares of SO in report on Monday, March 19 with “Hold” rating. The rating was upgraded by Guggenheim on Thursday, September 14 to “Buy”. The stock of The Southern Company (NYSE:SO) has “Sell” rating given on Thursday, December 15 by Citigroup.

Analysts await The Southern Company (NYSE:SO) to report earnings on May, 2. They expect $0.82 EPS, up 24.24% or $0.16 from last year’s $0.66 per share. SO’s profit will be $830.28 million for 13.88 P/E if the $0.82 EPS becomes a reality. After $0.51 actual EPS reported by The Southern Company for the previous quarter, Wall Street now forecasts 60.78% EPS growth.

The Southern Company (NYSE:SO) Institutional Positions Chart

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