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Southern Co (SO) Market Value Rose While Trustmark National Bank Trust Department Has Decreased Its Position; Crown Castle Intl New Com (CCI) Holding Raised by Buffington Mohr Mcneal

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Trustmark National Bank Trust Department decreased its stake in Southern Co (SO) by 7.45% based on its latest 2018Q1 regulatory filing with the SEC. Trustmark National Bank Trust Department sold 8,620 shares as the company’s stock rose 1.11% while stock markets declined. The institutional investor held 107,153 shares of the central company at the end of 2018Q1, valued at $4.79 million, down from 115,773 at the end of the previous reported quarter. Trustmark National Bank Trust Department who had been investing in Southern Co for a number of months, seems to be less bullish one the $45.58 billion market cap company. The stock increased 1.10% or $0.49 during the last trading session, reaching $45.06. About 7.07 million shares traded or 35.74% up from the average. The Southern Company (NYSE:SO) has declined 11.84% since June 20, 2017 and is downtrending. It has underperformed by 24.41% the S&P500. Some Historical SO News: 17/04/2018 – Southern Company Announces Changes to Executive Management Team; 21/05/2018 – SOUTHERN CO – GULF POWER SPA ALSO PROVIDES UPON CERTAIN OTHER SPECIFIED CIRCUMSTANCES CO TO PAY PURCHASER A TERMINATION FEE OF $100 MLN; 17/04/2018 – SOUTHERN: ART P. BEATTIE ANNOUNCED HIS PLANS TO RETIRE AS CFO; 21/05/2018 – Southern Co May Be Required to Pay NextEra Energy $100M Termination Fee if Asset Sale Terminated — Filing; 17/04/2018 – SOUTHERN CO – ANDREW W. EVANS WILL BECOME EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER OF SOUTHERN COMPANY; 09/05/2018 – Georgia Power Marketplace features latest Hive home products; 21/05/2018 – SOUTHERN SAYS UTILITY SALE REDUCES EQUITY RAISE RISK; 16/04/2018 – Southern Co Raises Quarterly Dividend to 60c; 21/05/2018 – SOUTHERN M&A CALL CONCLUDES; 09/04/2018 – Georgia Power to add 177 MW of solar resources for C&I REDI program

Buffington Mohr Mcneal increased its stake in Crown Castle Intl Corp New Com (CCI) by 10.69% based on its latest 2018Q1 regulatory filing with the SEC. Buffington Mohr Mcneal bought 4,705 shares as the company’s stock declined 7.89% with the market. The institutional investor held 48,730 shares of the real estate investment trusts company at the end of 2018Q1, valued at $5.34M, up from 44,025 at the end of the previous reported quarter. Buffington Mohr Mcneal who had been investing in Crown Castle Intl Corp New Com for a number of months, seems to be bullish on the $42.28 billion market cap company. The stock increased 0.96% or $0.97 during the last trading session, reaching $101.93. About 2.50M shares traded. Crown Castle International Corp. (NYSE:CCI) has declined 0.04% since June 20, 2017 and is downtrending. It has underperformed by 12.61% 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 79 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating by RBC Capital Markets given on Sunday, September 3. The stock of The Southern Company (NYSE:SO) has “Neutral” rating given on Thursday, July 14 by Goldman Sachs. Guggenheim upgraded the stock to “Buy” rating in Thursday, September 14 report. Mizuho downgraded the stock to “Neutral” rating in Tuesday, January 23 report. The rating was maintained by SunTrust on Monday, April 23 with “Hold”. The stock of The Southern Company (NYSE:SO) has “Sell” rating given on Thursday, January 11 by Goldman Sachs. The firm earned “Hold” rating on Monday, March 19 by SunTrust. RBC Capital Markets maintained The Southern Company (NYSE:SO) rating on Wednesday, June 28. RBC Capital Markets has “Hold” rating and $5300 target. Morgan Stanley maintained the stock with “Underweight” rating in Thursday, August 10 report. The rating was maintained by Jefferies with “Buy” on Thursday, April 13.

Trustmark National Bank Trust Department, which manages about $2.00B and $925.93M US Long portfolio, upped its stake in Vanguard (VO) by 12,388 shares to 259,487 shares, valued at $40.02 million in 2018Q1, according to the filing. It also increased its holding in Coca (NYSE:KO) by 17,187 shares in the quarter, for a total of 171,332 shares, and has risen its stake in Ishares (EFA).

Analysts await The Southern Company (NYSE:SO) to report earnings on August, 1. They expect $0.66 earnings per share, down 9.59% or $0.07 from last year’s $0.73 per share. SO’s profit will be $667.68 million for 17.07 P/E if the $0.66 EPS becomes a reality. After $0.88 actual earnings per share reported by The Southern Company for the previous quarter, Wall Street now forecasts -25.00% negative EPS growth.

Investors sentiment decreased to 0.89 in 2018 Q1. Its down 0.21, from 1.1 in 2017Q4. It dived, as 76 investors sold SO shares while 359 reduced holdings. 75 funds opened positions while 310 raised stakes. 558.65 million shares or 1.91% more from 548.17 million shares in 2017Q4 were reported. Moreover, Comerica Secs Inc has 0.07% invested in The Southern Company (NYSE:SO) for 12,879 shares. Orrstown Fincl has invested 0.12% of its portfolio in The Southern Company (NYSE:SO). Fifth Third Savings Bank stated it has 0.03% in The Southern Company (NYSE:SO). Hyman Charles D has 360,482 shares for 1.86% of their portfolio. The Vermont-based Manchester Cap Limited Liability Com has invested 0.02% in The Southern Company (NYSE:SO). Rodgers Brothers has 0.07% invested in The Southern Company (NYSE:SO) for 4,693 shares. Hudson Valley Invest Adv reported 7,674 shares. Van Eck Assoc Corporation invested 0% of its portfolio in The Southern Company (NYSE:SO). Mairs & reported 5,367 shares or 0% of all its holdings. Reaves W H Company reported 1.6% of its portfolio in The Southern Company (NYSE:SO). Citadel Ltd Co accumulated 126,380 shares. Carroll Fin Inc has 0.13% invested in The Southern Company (NYSE:SO). 63,171 are owned by Thrivent Fincl For Lutherans. Bartlett And Ltd Co holds 0.01% of its portfolio in The Southern Company (NYSE:SO) for 5,688 shares. Duff Phelps Investment Mgmt holds 2.00 million shares.

Among 21 analysts covering Crown Castle International Corp (NYSE:CCI), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. Crown Castle International Corp had 65 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co maintained Crown Castle International Corp. (NYSE:REIT) rating on Monday, April 25. Cowen & Co has “Outperform” rating and $100 target. The rating was upgraded by Citigroup to “Buy” on Wednesday, July 22. Stifel Nicolaus maintained the shares of CCI in report on Friday, May 26 with “Buy” rating. Cowen & Co maintained it with “Buy” rating and $111.0 target in Thursday, October 19 report. As per Wednesday, November 29, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Friday, July 7 with “Buy”. KeyBanc Capital Markets maintained the shares of CCI in report on Monday, November 27 with “Hold” rating. The firm has “Buy” rating given on Monday, July 10 by Jefferies. The firm has “Buy” rating by Oppenheimer given on Wednesday, July 19. Raymond James downgraded the stock to “Market Perform” rating in Monday, June 12 report.

The Southern Company (NYSE:SO) Institutional Positions Chart

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