Chevy Chase Trust Holdings LLC Sells 19,222 Shares of Southern Company (The) $SO

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Chevy Chase Trust Holdings LLC reduced its stake in Southern Company by 3.3% in the third quarter, selling 19,222 shares and now owning 565,454 shares valued at $53.59 million. Other institutional investors like Empowered Funds LLC, Schnieders Capital Management LLC, and Creative Planning increased their holdings in Southern Company. The company has a “Hold” consensus rating from Wall Street analysts with an average price target of $98.08, and recently announced a quarterly dividend of $0.74 per share.

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