Stephens Upped Its Southern Co (SO) Position; Hancock Holding Company Increased By $1.11 Million Its Universal Insurance Holdin (UVE) Holding

July 28, 2017 - By Maria Brooks

Stephens Inc increased Southern Co (SO) stake by 12.24% reported in 2016Q4 SEC filing. Stephens Inc acquired 22,323 shares as Southern Co (SO)’s stock rose 4.35%. The Stephens Inc holds 204,654 shares with $10.07 million value, up from 182,331 last quarter. Southern Co now has $47.28 billion valuation. The stock declined 0.65% or $0.31 reaching $47.51 on the news. About 1.50M shares traded. Southern Co (NYSE:SO) has risen 2.49% since July 28, 2016 and is uptrending. It has underperformed by 14.21% the S&P500.

Hancock Holding Company increased Universal Insurance Holdin (UVE) stake by 9.45% reported in 2016Q4 SEC filing. Hancock Holding Company acquired 39,578 shares as Universal Insurance Holdin (UVE)’s stock declined 5.95%. The Hancock Holding Company holds 458,453 shares with $13.02 million value, up from 418,875 last quarter. Universal Insurance Holdin now has $815.44 million valuation. The stock rose 2.20% or $0.5 reaching $23.25 per share. About 37,665 shares traded. Universal Insurance Holdings, Inc. (NYSE:UVE) has risen 29.83% since July 28, 2016 and is uptrending. It has outperformed by 13.13% the S&P500.

Investors sentiment decreased to 1.12 in 2016 Q4. Its down 0.05, from 1.17 in 2016Q3. It dived, as 64 investors sold SO shares while 341 reduced holdings. 81 funds opened positions while 371 raised stakes. 505.09 million shares or 5.13% more from 480.44 million shares in 2016Q3 were reported. Yhb Inv Advsrs Incorporated holds 8,497 shares. 239,300 were reported by Northwestern Mutual Wealth Mngmt Com. Cadence Cap Management Ltd Liability Company, a Massachusetts-based fund reported 82,657 shares. Liberty Mutual Asset Mngmt Inc has 0.12% invested in Southern Co (NYSE:SO). Segall Bryant Hamill Lc reported 15,139 shares. Stifel has 1.56 million shares for 0.33% of their portfolio. Arete Wealth Advsr Lc has invested 0.15% in Southern Co (NYSE:SO). Kistler has invested 0.08% in Southern Co (NYSE:SO). Roosevelt Group stated it has 6,591 shares or 0.03% of all its holdings. Univest Corporation Of Pennsylvania invested in 8,877 shares. Trexquant Investment LP owns 10,700 shares. Kempner Capital Mngmt holds 5,600 shares or 0.2% of its portfolio. Louisiana State Employees Retirement Systems holds 61,600 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 0.1% invested in Southern Co (NYSE:SO) for 191,326 shares. Connecticut-based Gilman Hill Asset Mngmt Limited Liability Co has invested 0.13% in Southern Co (NYSE:SO).

Since May 5, 2017, it had 0 insider buys, and 4 selling transactions for $7.40 million activity. The insider Daiss Ann P sold $256,400. 25,000 Southern Co (NYSE:SO) shares with value of $1.29 million were sold by Lantrip Mark. $2.42 million worth of Southern Co (NYSE:SO) was sold by BEATTIE ART P on Wednesday, June 14. $3.43 million worth of stock was sold by Kerr – II James Y on Friday, May 5.

Among 15 analysts covering The Southern Company (NYSE:SO), 2 have Buy rating, 3 Sell and 10 Hold. Therefore 13% are positive. The Southern Company had 32 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Southern Co (NYSE:SO) has “Sell” rating given on Thursday, December 15 by Citigroup. The stock has “Buy” rating by Jefferies on Wednesday, July 19. The firm has “Neutral” rating by SunTrust given on Monday, October 19. Goldman Sachs maintained Southern Co (NYSE:SO) on Thursday, July 14 with “Neutral” rating. Howard Weil initiated the shares of SO in report on Friday, May 13 with “Sector Perform” rating. The company was maintained on Thursday, April 13 by Jefferies. Zacks upgraded Southern Co (NYSE:SO) rating on Sunday, August 16. Zacks has “Hold” rating and $51 target. The rating was initiated by Scotia Capital on Friday, May 13 with “Sector Perform”. Jefferies maintained the stock with “Buy” rating in Tuesday, June 6 report. The firm has “Hold” rating given on Wednesday, June 28 by RBC Capital Markets.

Stephens Inc decreased First Midwest Bancorp Del (NASDAQ:FMBI) stake by 31,746 shares to 9,047 valued at $228,000 in 2016Q4. It also reduced Ishares Tr (IYR) stake by 15,499 shares and now owns 248,139 shares. Aflac Inc (NYSE:AFL) was reduced too.