Blue Chip Partners Has Trimmed Southern Co (SO) Holding By $387,835; AEGON N.V. (ADR) (AEG) Covered By 2 Bulls

May 23, 2017 - By Kurt Siggers

Blue Chip Partners Inc decreased Southern Co (SO) stake by 14.49% reported in 2016Q4 SEC filing. Blue Chip Partners Inc sold 7,915 shares as Southern Co (SO)’s stock rose 4.35%. The Blue Chip Partners Inc holds 46,723 shares with $2.30 million value, down from 54,638 last quarter. Southern Co now has $49.97 billion valuation. The stock rose 0.14% or $0.07 reaching $50.08. About 3.75 million shares traded. Southern Co (NYSE:SO) has risen 2.49% since May 23, 2016 and is uptrending. It has underperformed by 14.21% the S&P500.

Among 7 analysts covering Aegon N.V. (NYSE:AEG), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Aegon N.V. had 10 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, January 20 by ING Group. The stock has “Hold” rating by Societe Generale on Thursday, October 13. ING Group downgraded the stock to “Hold” rating in Thursday, December 1 report. Societe Generale upgraded the shares of AEG in report on Wednesday, January 11 to “Buy” rating. The rating was downgraded by Barclays Capital on Wednesday, June 29 to “Underweight”. JP Morgan downgraded the shares of AEG in report on Tuesday, June 28 to “Neutral” rating. The stock of AEGON N.V. (ADR) (NYSE:AEG) has “Buy” rating given on Thursday, September 24 by Goldman Sachs. The firm earned “Sector Perform” rating on Thursday, December 10 by RBC Capital Markets. The stock has “Hold” rating by TheStreet on Thursday, August 20. The firm has “Hold” rating given on Thursday, August 27 by Deutsche Bank. See AEGON N.V. (ADR) (NYSE:AEG) latest ratings:

11/01/2017 Broker: Societe Generale Old Rating: Hold New Rating: Buy Upgrade
01/12/2016 Broker: ING Group Old Rating: Buy New Rating: Hold Downgrade

About 2.28M shares traded or 11.22% up from the average. AEGON N.V. (ADR) (NYSE:AEG) has declined 1.40% since May 23, 2016 and is downtrending. It has underperformed by 18.10% the S&P500.

Aegon N.V. is an international life insurance, pensions and asset management company. The company has market cap of $11.14 billion. The Company’s divisions include the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom; Central & Eastern Europe; Spain & Portugal; Asia, and Aegon Asset Management. It has a 13.25 P/E ratio. It offers protection against mortality, morbidity and longevity risks, including traditional and universal life.

Among 13 analysts covering The Southern Company (NYSE:SO), 2 have Buy rating, 2 Sell and 9 Hold. Therefore 15% are positive. The Southern Company had 27 analyst reports since July 21, 2015 according to SRatingsIntel. Scotia Capital initiated Southern Co (NYSE:SO) on Friday, May 13 with “Sector Perform” rating. The stock has “Hold” rating by Zacks on Sunday, August 16. The stock of Southern Co (NYSE:SO) earned “Sector Perform” rating by Howard Weil on Friday, May 13. The firm earned “Neutral” rating on Monday, October 19 by SunTrust. On Friday, March 3 the stock rating was downgraded by Argus Research to “Hold”. Credit Suisse initiated Southern Co (NYSE:SO) on Wednesday, January 25 with “Underperform” rating. SunTrust maintained it with “Neutral” rating and $54 target in Monday, September 26 report. The company was upgraded on Thursday, July 14 by Barclays Capital. The stock has “Buy” rating by Jefferies on Thursday, April 13. The rating was maintained by BMO Capital Markets with “Hold” on Friday, March 31.

Blue Chip Partners Inc increased Nextera Energy Inc (NYSE:NEE) stake by 8,468 shares to 11,293 valued at $1.35 million in 2016Q4. It also upped Abbvie Inc (NYSE:ABBV) stake by 11,664 shares and now owns 82,308 shares. Toronto Dominion Bk Ont (NYSE:TD) was raised too.

Since January 9, 2017, it had 0 insider purchases, and 2 sales for $6.89 million activity. The insider Kerr – II James Y sold 68,609 shares worth $3.43 million. Another trade for 70,680 shares valued at $3.45 million was made by BOWERS WILLIAM P on Monday, January 9.

Analysts await Southern Co (NYSE:SO) to report earnings on July, 26. They expect $0.70 earnings per share, down 5.41% or $0.04 from last year’s $0.74 per share. SO’s profit will be $698.46M for 17.89 P/E if the $0.70 EPS becomes a reality. After $0.66 actual earnings per share reported by Southern Co for the previous quarter, Wall Street now forecasts 6.06% EPS growth.