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Enbridge (ENB) Holder St James Investment Company Has Boosted Its Stake by $6.65 Million; Rand Wealth Has Upped Its Southern Co (SO) Holding by $1.81 Million as Stock Declined

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Rand Wealth Llc increased its stake in Southern Co (SO) by 861.76% based on its latest 2017Q4 regulatory filing with the SEC. Rand Wealth Llc bought 37,745 shares as the company’s stock declined 8.19% with the market. The institutional investor held 42,125 shares of the central company at the end of 2017Q4, valued at $2.03M, up from 4,380 at the end of the previous reported quarter. Rand Wealth Llc who had been investing in Southern Co for a number of months, seems to be bullish on the $44.38 billion market cap company. The stock increased 0.72% or $0.315 during the last trading session, reaching $43.865. About 1.56 million 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.

St James Investment Company Llc increased its stake in Enbridge Inc (ENB) by 10.24% based on its latest 2017Q4 regulatory filing with the SEC. St James Investment Company Llc bought 170,628 shares as the company’s stock declined 21.20% with the market. The institutional investor held 1.84M shares of the natural gas distribution company at the end of 2017Q4, valued at $71.84 million, up from 1.67 million at the end of the previous reported quarter. St James Investment Company Llc who had been investing in Enbridge Inc for a number of months, seems to be bullish on the $53.56B market cap company. The stock decreased 0.60% or $0.19 during the last trading session, reaching $31.38. About 1.93M shares traded. Enbridge Inc. (NYSE:ENB) has declined 26.13% since May 23, 2017 and is downtrending. It has underperformed by 37.68% the S&P500.

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. Goldman Sachs downgraded the shares of SO in report on Thursday, January 11 to “Sell” rating. The firm earned “Hold” rating on Sunday, August 16 by Zacks. Bank of America maintained it with “Underperform” rating and $51 target in Tuesday, October 24 report. The stock of The Southern Company (NYSE:SO) earned “Hold” rating by SunTrust on Monday, April 2. The company was upgraded on Tuesday, August 1 by Deutsche Bank. The rating was maintained by Deutsche Bank on Tuesday, May 22 with “Buy”. Jefferies maintained The Southern Company (NYSE:SO) rating on Thursday, April 13. Jefferies has “Buy” rating and $56 target. The company was maintained on Monday, March 5 by SunTrust. SunTrust maintained The Southern Company (NYSE:SO) rating on Monday, March 26. SunTrust has “Hold” rating and $4500 target. The stock of The Southern Company (NYSE:SO) has “Underweight” rating given on Thursday, August 10 by Morgan Stanley.

Rand Wealth Llc, which manages about $862.40M and $913.97 million US Long portfolio, decreased its stake in Monsanto Co New (NYSE:MON) by 2,706 shares to 15,739 shares, valued at $1.84M in 2017Q4, according to the filing. It also reduced its holding in Alps Etf Tr (AMLP) by 308,428 shares in the quarter, leaving it with 964,265 shares, and cut its stake in Jpmorgan Chase & Co (NYSE:JPM).

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

Investors sentiment increased to 1.1 in Q4 2017. Its up 0.10, from 1 in 2017Q3. It improved, 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. Illinois-based Premier Asset Ltd Co has invested 0.12% in The Southern Company (NYSE:SO). Union Bancshares stated it has 8,472 shares. Canada Pension Plan Inv Board stated it has 0.1% in The Southern Company (NYSE:SO). 4,579 were reported by Town Country Bancorporation Tru Dba First Bankers Tru. Moreover, Bright Rock Mngmt Llc has 1.69% invested in The Southern Company (NYSE:SO). Vanguard Group invested in 0.15% or 73.52M shares. Legal And General Public Ltd invested in 0.25% or 7.10M shares. Klingenstein Fields Communication Limited Liability invested in 9,278 shares or 0.02% of the stock. Pettyjohn Wood White holds 0.94% or 54,098 shares. Montag A & Assocs Inc reported 11,649 shares stake. Utah Retirement holds 0.19% or 185,301 shares in its portfolio. Moreover, First Interstate National Bank has 0.06% invested in The Southern Company (NYSE:SO). 29,783 were reported by Columbia Asset. 77,402 were accumulated by Advisory Services Net Limited. The Georgia-based Marshwinds Advisory has invested 1.76% in The Southern Company (NYSE:SO).

More notable recent Enbridge Inc. (NYSE:ENB) news were published by: Seekingalpha.com which released: “Enbridge Q1 2018 Earnings Results Analysis” on May 16, 2018, also Seekingalpha.com with their article: “Spectra Energy Partners -3% after Enbridge’s disappointing offer” published on May 18, 2018, Fool.com published: “Enbridge Makes a Bold Move to Acquire All Its Subsidiaries. Will That Make It a Buy?” on May 22, 2018. More interesting news about Enbridge Inc. (NYSE:ENB) were released by: Seekingalpha.com and their article: “Downside Protection For Enbridge” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Enbridge’s Q1: Excellent Improvement On Multiple Fronts” with publication date: May 11, 2018.

St James Investment Company Llc, which manages about $1.41 billion and $865.40 million US Long portfolio, decreased its stake in Royal Gold Inc (NASDAQ:RGLD) by 90,907 shares to 798,458 shares, valued at $65.57M in 2017Q4, according to the filing. It also reduced its holding in Loews Corp (NYSE:L) by 23,428 shares in the quarter, leaving it with 591,957 shares, and cut its stake in Berkley W R Corp (NYSE:WRB).

Among 17 analysts covering Enbridge Inc. (NYSE:ENB), 7 have Buy rating, 0 Sell and 10 Hold. Therefore 41% are positive. Enbridge Inc. had 26 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Enbridge Inc. (NYSE:ENB) has “Market Perform” rating given on Monday, May 15 by Wolfe Research. The rating was downgraded by Credit Suisse on Thursday, February 4 to “Neutral”. The firm has “Outperform” rating given on Friday, October 23 by BMO Capital Markets. The rating was maintained by Morgan Stanley on Friday, March 23 with “Equal-Weight”. The firm earned “Neutral” rating on Thursday, September 1 by Bank of America. As per Friday, June 23, the company rating was initiated by J.P. Morgan. The firm has “Neutral” rating given on Wednesday, January 18 by Citigroup. The firm has “Market Perform” rating by Wells Fargo given on Monday, April 3. On Monday, March 7 the stock rating was initiated by Canaccord Genuity with “Buy”. As per Monday, July 18, the company rating was downgraded by National Bank Canada.

The Southern Company (NYSE:SO) Institutional Positions Chart

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