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How Institutional Investors Viewed Southern Company in Q2 2018

Vincent Kruger
How Institutional Investors Viewed Southern Company in Q2 2018

Almost all of the top institutional investors increased their stakes in Southern Company (SO) stock in the second quarter. The Vanguard Group, the largest institutional investor in Georgia-based Southern Company, added more than 1.5 million shares and raised its stake in SO to 7.5% on June 30. At the end of the second quarter, it held 76.1 million shares of SO stock compared to 74.6 million shares in the first quarter.