Rfg Advisory Group Raised Southern Co (SO) Stake; Metropolitan Edison Co (MET) Has 1.02 Sentiment

May 23, 2018 - By Adrian Erickson

The Southern Company (NYSE:SO) Logo

Rfg Advisory Group Llc increased Southern Co (SO) stake by 1255.74% reported in 2017Q4 SEC filing. Rfg Advisory Group Llc acquired 53,997 shares as Southern Co (SO)’s stock declined 8.19%. The Rfg Advisory Group Llc holds 58,297 shares with $2.78M value, up from 4,300 last quarter. Southern Co now has $44.29B valuation. The stock increased 0.53% or $0.23 during the last trading session, reaching $43.78. About 2.56M shares traded. The Southern Company (NYSE:SO) has declined 11.47% since May 23, 2017 and is downtrending. It has underperformed by 23.02% the S&P500.

Metropolitan Edison Co (MET) investors sentiment increased to 1.02 in Q4 2017. It’s up 0.13, from 0.89 in 2017Q3. The ratio increased, as 383 investment professionals increased or opened new stock positions, while 375 sold and decreased stakes in Metropolitan Edison Co. The investment professionals in our database now hold: 782.94 million shares, down from 784.85 million shares in 2017Q3. Also, the number of investment professionals holding Metropolitan Edison Co in top ten stock positions decreased from 18 to 9 for a decrease of 9. Sold All: 45 Reduced: 330 Increased: 290 New Position: 93.

More notable recent The Southern Company (NYSE:SO) news were published by: Bizjournals.com which released: “Atlantic Coast Pipeline construction set to start despite questions raised by court ruling” on May 23, 2018, also Seekingalpha.com with their article: “Southern Power to sell 33% stake in solar portfolio for $1.175B” published on May 23, 2018, Streetinsider.com published: “Southern Co. (SO) Reports Sale of Certain Florida Assets to NextEra Energy (NEE) for About $6.48 Billion” on May 21, 2018. More interesting news about The Southern Company (NYSE:SO) were released by: Seekingalpha.com and their article: “Southern Company Is Offering An Almost 8-Year High Dividend Yield” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “Valeant Pharmaceuticals Can Still Go Higher – Cramer’s Lightning Round (5/21/18)” with publication date: May 22, 2018.

Among 20 analysts covering The Southern Company (NYSE:SO), 5 have Buy rating, 5 Sell and 10 Hold. Therefore 25% are positive. The Southern Company had 78 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, August 10 the stock rating was maintained by Morgan Stanley with “Underweight”. As per Tuesday, May 22, the company rating was maintained by Deutsche Bank. Zacks upgraded The Southern Company (NYSE:SO) on Sunday, August 16 to “Hold” rating. On Monday, October 30 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Neutral” rating given on Tuesday, January 23 by Mizuho. On Monday, February 5 the stock rating was maintained by SunTrust with “Hold”. On Tuesday, October 3 the stock rating was maintained by Citigroup with “Sell”. The stock has “Hold” rating by RBC Capital Markets on Sunday, September 3. The company was maintained on Monday, January 22 by SunTrust. The rating was maintained by SunTrust with “Hold” on Wednesday, January 3.

Investors sentiment increased to 1.1 in Q4 2017. Its up 0.10, from 1 in 2017Q3. It increased, as 56 investors sold SO 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. United Asset Strategies Inc has 0.08% invested in The Southern Company (NYSE:SO). Macquarie Grp Ltd reported 0.01% stake. The New York-based Cohen Klingenstein Ltd Liability Co has invested 0.06% in The Southern Company (NYSE:SO). Korea-based Korea Invest has invested 0.07% in The Southern Company (NYSE:SO). Glg Ltd Liability Com holds 0.15% of its portfolio in The Southern Company (NYSE:SO) for 42,898 shares. Shamrock Asset Mngmt Lc owns 0.11% invested in The Southern Company (NYSE:SO) for 3,850 shares. 29,994 are owned by Murphy Mgmt. 4,169 were reported by First Commonwealth Pa. Argent holds 9,889 shares. Tiverton Asset Mgmt Lc reported 7,686 shares or 0.02% of all its holdings. Rhumbline Advisers invested in 1.80 million shares. Chesley Taft And Limited Liability Corporation stated it has 10,940 shares or 0.04% of all its holdings. Biondo Invest Advsrs Ltd Limited Liability Company holds 0.97% or 79,276 shares in its portfolio. Verity & Verity Llc owns 0.51% invested in The Southern Company (NYSE:SO) for 35,371 shares. Gradient Ltd Liability Corporation has 0.02% invested in The Southern Company (NYSE:SO) for 6,257 shares.

More notable recent MetLife, Inc. (NYSE:MET) news were published by: Seekingalpha.com which released: “MetLife: Profitability Is Set To Improve” on May 21, 2018, also Streetinsider.com with their article: “After-Hours Stock Movers 05/22: (ARCO) (HEAR) (MET) Higher; (RRGB) (TCS) (URBN) Lower (more…)” published on May 22, 2018, Forbes.com published: “The Market Is Healthy – Just Look At All The Recent Buybacks” on May 23, 2018. More interesting news about MetLife, Inc. (NYSE:MET) were released by: Benzinga.com and their article: “20 Stocks Moving In Wednesday’s Pre-Market Session” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “MetLife, Inc. 2018 Q1 – Results – Earnings Call Slides” with publication date: May 03, 2018.

Nuance Investments Llc holds 4.08% of its portfolio in MetLife, Inc. for 1.21 million shares. Poplar Forest Capital Llc owns 1.00 million shares or 4.03% of their US portfolio. Moreover, Lumbard & Kellner Llc has 3.72% invested in the company for 143,263 shares. The New Jersey-based Groesbeck Investment Management Corp Nj has invested 3.48% in the stock. Matrix Asset Advisors Inc Ny, a New York-based fund reported 429,094 shares.

The stock decreased 0.75% or $0.3632 during the last trading session, reaching $48.0968. About 1.96M shares traded. MetLife, Inc. (MET) has declined 1.24% since May 23, 2017 and is downtrending. It has underperformed by 12.79% the S&P500.

Analysts await MetLife, Inc. (NYSE:MET) to report earnings on August, 1. They expect $1.18 EPS, down 9.23% or $0.12 from last year’s $1.3 per share. MET’s profit will be $1.20B for 10.19 P/E if the $1.18 EPS becomes a reality. After $1.36 actual EPS reported by MetLife, Inc. for the previous quarter, Wall Street now forecasts -13.24% negative EPS growth.

MetLife, Inc., through its subsidiaries, provides life insurance, annuities, employee benefits, and asset management products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. The company has market cap of $48.89 billion. It operates in six divisions: U.S.; Asia; Latin America; Europe, the Middle East, and Africa; MetLife Holdings; and Brighthouse Financial. It has a 13.3 P/E ratio. The firm offers life, dental, group short- and long-term disability, individual disability, accidental death and dismemberment, and critical illness insurance products; vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only and private floating rate funding agreements; and account guaranteed, separate account guaranteed, and trust guaranteed interest contracts.

The Southern Company (NYSE:SO) Institutional Positions Chart

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