Southern stock is trading -8.52% below its average target price of $90.75 after marking a 2.4% during today's afternoon session. Analysts are giving the Large-Cap Electric Utilities company an average rating of buy and target prices ranging from $71.0 to $104.0 per share.
Southern's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.7%. The stock's short ratio is 4.58. The company's insiders own 0.16% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 70.7%. In conclusion, we believe there is mixed market sentiment regarding Southern.
Institutions Invested in Southern
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 9% | 102,092,031 | $8,475,680,070 |
| 2024-09-30 | Blackrock Inc. | 7% | 80,488,813 | $6,682,180,985 |
| 2024-09-30 | State Street Corporation | 5% | 58,928,637 | $4,892,255,245 |
| 2024-09-30 | JP Morgan Chase & Company | 5% | 54,724,725 | $4,543,246,485 |
| 2024-09-30 | FMR, LLC | 3% | 29,375,592 | $2,438,761,549 |
| 2024-09-30 | Capital International Investors | 3% | 28,529,941 | $2,368,555,606 |
| 2024-09-30 | Massachusetts Financial Services Co. | 2% | 25,166,223 | $2,089,299,748 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 24,521,339 | $2,035,761,481 |
| 2024-09-30 | Price (T.Rowe) Associates Inc | 2% | 18,024,377 | $1,496,383,718 |
| 2024-09-30 | GQG Partners LLC | 2% | 16,555,903 | $1,374,471,011 |
