Woodmont Investment Counsel Raised Southern Co (SO) Holding By $2.68 Million; Last Week Helix Energy Solutions Group, Inc. (HLX) Analysts

June 18, 2018 - By Richard Conner

The Southern Company (NYSE:SO) Logo

Among 12 analysts covering Helix Energy Solutions (NYSE:HLX), 10 have Buy rating, 2 Sell and 0 Hold. Therefore 83% are positive. Helix Energy Solutions had 33 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Market Perform” on Tuesday, December 29. The stock of Helix Energy Solutions Group, Inc. (NYSE:HLX) earned “Market Perform” rating by Cowen & Co on Monday, September 21. As per Tuesday, July 26, the company rating was upgraded by Clarksons Platou. On Wednesday, April 25 the stock rating was upgraded by PiperJaffray to “Overweight”. The firm has “Outperform” rating by Credit Suisse given on Tuesday, April 12. Piper Jaffray upgraded the stock to “Buy” rating in Tuesday, April 24 report. The rating was initiated by DA Davidson on Thursday, October 6 with “Buy”. Cowen & Co maintained Helix Energy Solutions Group, Inc. (NYSE:HLX) on Friday, October 6 with “Buy” rating. On Thursday, March 17 the stock rating was upgraded by Morgan Stanley to “Overweight”. Cowen & Co maintained the stock with “Buy” rating in Wednesday, August 30 report. See Helix Energy Solutions Group, Inc. (NYSE:HLX) latest ratings:

26/04/2018 Broker: Raymond James Rating: Buy Upgrade
25/04/2018 Broker: PiperJaffray Old Rating: Neutral New Rating: Overweight Upgrade
24/04/2018 Broker: Piper Jaffray Rating: Buy New Target: $9.0000 Upgrade
22/02/2018 Broker: Cowen & Co Old Rating: Outperform New Rating: Outperform Old Target: $10 New Target: $9 Maintain
21/02/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $14 New Target: $11 Maintain
16/01/2018 Broker: Bank of America Rating: Sell New Target: $7.5 Downgrade
11/01/2018 Broker: Cowen & Co Rating: Buy New Target: $10.0 Maintain
22/12/2017 Broker: Piper Jaffray Rating: Hold New Target: $7.25 Maintain

Woodmont Investment Counsel Llc increased Southern Co (SO) stake by 62.2% reported in 2018Q1 SEC filing. Woodmont Investment Counsel Llc acquired 60,899 shares as Southern Co (SO)’s stock rose 1.11%. The Woodmont Investment Counsel Llc holds 158,800 shares with $7.09M value, up from 97,901 last quarter. Southern Co now has $45.04 billion valuation. The stock increased 0.20% or $0.09 during the last trading session, reaching $44.52. About 2.45M shares traded. The Southern Company (NYSE:SO) has declined 11.84% since June 18, 2017 and is downtrending. It has underperformed by 24.41% the S&P500. Some Historical SO News: ; 10/05/2018 – New construction milestones reached at Vogtle nuclear expansion; 07/05/2018 – GEORGIA POWER – EXPECTS TO FUND PURCHASE PRICE OF ANY NOTES PURCHASED USING CASH ON HAND OR AVAILABLE LIQUIDITY; 24/04/2018 – New milestones reached for Vogtle Unit 3; 21/05/2018 – NEXTERA ENERGY INC – TRANSACTIONS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS; 03/04/2018 – Georgia Power customers to see $25 credit on April bills; 03/04/2018 – SOUTHERN’S FARLEY 1 REACTOR RISES TO 14% FROM 1%: NRC; 21/05/2018 – SOUTHERN COMPANY OUTLOOK STABLE BY FITCH; 21/05/2018 – SOUTHERN SEES DEAL ADDING 4C TO 5C TO EPS OVER TIME; 09/04/2018 – SOUTHERN’S FARLEY 1 REACTOR IN GA. DROPS TO 0% FROM 48%: NRC; 21/05/2018 – Southern Co: Target Completion for the Sales of Gulf Power and Southern Power’s Interests in Plant Stanton and Plant Oleander Is the 1H of 2019

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. Deutsche Bank maintained The Southern Company (NYSE:SO) rating on Tuesday, May 22. Deutsche Bank has “Buy” rating and $48 target. Credit Suisse initiated The Southern Company (NYSE:SO) on Wednesday, January 25 with “Underperform” rating. The rating was maintained by Guggenheim with “Buy” on Tuesday, January 2. The firm earned “Hold” rating on Sunday, July 30 by RBC Capital Markets. The stock of The Southern Company (NYSE:SO) has “Buy” rating given on Tuesday, August 1 by Deutsche Bank. Jefferies maintained The Southern Company (NYSE:SO) on Wednesday, July 19 with “Buy” rating. The firm has “Neutral” rating given on Monday, May 7 by Credit Suisse. The rating was upgraded by Barclays Capital on Thursday, July 14 to “Overweight”. RBC Capital Markets maintained The Southern Company (NYSE:SO) rating on Sunday, September 3. RBC Capital Markets has “Hold” rating and $53.0 target. The stock of The Southern Company (NYSE:SO) earned “Neutral” rating by Goldman Sachs on Thursday, July 14.

Another recent and important The Southern Company (NYSE:SO) news was published by Bizjournals.com which published an article titled: “Roy Cooper, 91, helped create modern Atlanta” on June 18, 2018.

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.21, from 1.1 in 2017Q4. It worsened, 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. Aldebaran invested 0.58% of its portfolio in The Southern Company (NYSE:SO). The California-based Cap has invested 0.25% in The Southern Company (NYSE:SO). Peapack Gladstone reported 29,000 shares. Apg Asset Management Nv reported 539,169 shares. Marco Mgmt Ltd Llc holds 8,879 shares or 0.06% of its portfolio. Wilbanks Smith And Thomas Asset Management Llc invested 0.16% of its portfolio in The Southern Company (NYSE:SO). Veritable Ltd Partnership accumulated 51,101 shares. Indiana-based Everence Capital Mgmt has invested 0.35% in The Southern Company (NYSE:SO). 1832 Asset Management LP invested 0% in The Southern Company (NYSE:SO). Beck Mack And Oliver Ltd Liability holds 0.02% or 12,200 shares. Pzena Inv Mngmt Ltd Co holds 0% of its portfolio in The Southern Company (NYSE:SO) for 16,519 shares. Usca Ria has 29,134 shares for 0.14% of their portfolio. The Virginia-based Lowe Brockenbrough & Co has invested 0.05% in The Southern Company (NYSE:SO). Signaturefd Limited Liability reported 1,782 shares. Sequent Asset Management Ltd Liability Corporation reported 24,524 shares stake.

Woodmont Investment Counsel Llc decreased Vanguard Group (VIG) stake by 7,025 shares to 59,723 valued at $6.04 million in 2018Q1. It also reduced Vanguard Intl Equity Index F (VEU) stake by 6,870 shares and now owns 157,526 shares. Mcdonalds Corp (NYSE:MCD) was reduced too.

The stock increased 1.74% or $0.125 during the last trading session, reaching $7.305. About 499,063 shares traded. Helix Energy Solutions Group, Inc. (NYSE:HLX) has risen 44.08% since June 18, 2017 and is uptrending. It has outperformed by 31.51% the S&P500. Some Historical HLX News: ; 23/04/2018 – HELIX ENERGY COMMENTS IN SLIDES; 23/04/2018 – HELIX ENERGY 1Q REV. $164.3M, EST. $144.1M; 23/04/2018 – HELIX ENERGY SOLUTIONS GROUP INC – QTRLY REVENUES $164.3 MLN VS $104.5 MLN; 23/04/2018 – HELIX ENERGY SEES 2018 REV ABOUT $695M-$740M, SAW $685M-$730M; 19/04/2018 – DJ Helix Energy Solutions Group Inc, Inst Holders, 1Q 2018 (HLX); 16/03/2018 Helix Energy Solutions Group, Inc. Announces the Expiration and Final Results of Its Offer to Purchase Its 3.25% Convertible; 14/05/2018 – Helix Energy Presenting at Conference Tomorrow; 23/04/2018 – Helix Energy Solutions 1Q Loss/Shr 2c; 24/04/2018 – Helix Energy Closes Above 200-Day Moving Average: Technicals; 27/04/2018 – Helix Energy at Morgan Stanley Energy Conference May 7

The Southern Company (NYSE:SO) Institutional Positions Chart

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