Compound Planning Inc. reduced its stake in Southern Company (NYSE:SO) by 57.9% in the third quarter, selling 29,182 shares and retaining 21,220 shares valued at approximately $2.01 million. Despite this reduction, other large institutional investors like Norges Bank and Vanguard Group increased or maintained significant positions. Southern Company reported Q3 earnings per share of $0.55, slightly missing estimates, with revenue rising 10.1% to $6.98 billion, and declared a quarterly dividend of $0.74 per share.
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Compound Planning Inc. Sells 29,182 Shares of Southern Company (The) $SO
Compound Planning Inc. reduced its stake in Southern Company (NYSE:SO) by 57.9% in the third quarter, selling 29,182 shares and retaining 21,220 shares valued at approximately $2.01 million. Despite this reduction, other large institutional investors like Norges Bank and Vanguard Group increased or maintained significant positions. Southern Company reported Q3 earnings per share of $0.55, slightly missing estimates, with revenue rising 10.1% to $6.98 billion, and declared a quarterly dividend of $0.74 per share.