After this afternoon's 1.4% surge to $91.47 per share, Southern might just keep moving past its target price of $91.53. With an average analyst rating of hold, and target prices from $72.0 to $104.0, the stock's next move is anyone's guess.
Southern's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.9%. The stock's short ratio is 4.0. At 0.09%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
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 |
|---|---|---|---|---|
| 2024-12-31 | Vanguard Group Inc | 9% | 102,790,453 | $9,402,376,180 |
| 2024-12-31 | Blackrock Inc. | 8% | 83,741,812 | $7,659,972,258 |
| 2024-12-31 | State Street Corporation | 5% | 57,646,249 | $5,272,977,233 |
| 2024-12-31 | JPMORGAN CHASE & CO | 5% | 55,807,575 | $5,104,791,335 |
| 2024-12-31 | FMR, LLC | 3% | 28,215,976 | $2,580,951,955 |
| 2024-12-31 | Capital International Investors | 2% | 27,244,117 | $2,492,054,750 |
| 2024-12-31 | Geode Capital Management, LLC | 2% | 25,050,209 | $2,291,375,137 |
| 2024-12-31 | Massachusetts Financial Services Co. | 2% | 21,920,407 | $2,005,088,085 |
| 2024-12-31 | Price (T.Rowe) Associates Inc | 1% | 15,876,440 | $1,452,238,577 |
| 2024-12-31 | GQG Partners LLC | 1% | 14,802,254 | $1,353,981,389 |
