Everence Capital Management Has Boosted Southern Ord (SO) Holding, Envestnet Asset Management Has Lifted By $4.05 Million Its Novartis A G (NVS) Holding

July 17, 2017 - By Dolores Ford

Everence Capital Management Inc increased Southern Ord (SO) stake by 38.02% reported in 2016Q4 SEC filing. Everence Capital Management Inc acquired 9,470 shares as Southern Ord (SO)’s stock rose 4.35%. The Everence Capital Management Inc holds 34,381 shares with $1.69 million value, up from 24,911 last quarter. Southern Ord now has $47.03B valuation. The stock declined 0.29% or $0.14 reaching $47.12 on the news. About 837,292 shares traded. Southern Co (NYSE:SO) has risen 2.49% since July 17, 2016 and is uptrending. It has underperformed by 14.21% the S&P500.

Envestnet Asset Management Inc increased Novartis A G (NVS) stake by 11.34% reported in 2016Q4 SEC filing. Envestnet Asset Management Inc acquired 56,279 shares as Novartis A G (NVS)’s stock rose 4.17%. The Envestnet Asset Management Inc holds 552,635 shares with $40.25M value, up from 496,356 last quarter. Novartis A G now has $218.47 billion valuation. The stock rose 0.35% or $0.29 reaching $83.41 per share. About 479,217 shares traded. Novartis AG (ADR) (NYSE:NVS) has risen 7.67% since July 17, 2016 and is uptrending. It has underperformed by 9.03% the S&P500.

Investors sentiment decreased to 1.12 in Q4 2016. Its down 0.05, from 1.17 in 2016Q3. It dropped, 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. Dorsey Whitney Tru Co Ltd Limited Liability Company holds 0.07% of its portfolio in Southern Co (NYSE:SO) for 6,692 shares. Zimmer Prtnrs LP holds 0.78% or 499,900 shares in its portfolio. Twin Capital Mngmt Incorporated accumulated 26,100 shares or 0.08% of the stock. Ameritas Invest Ptnrs reported 0.06% stake. Income Prtn reported 566,771 shares. Bradley Foster & Sargent Ct stated it has 0.01% of its portfolio in Southern Co (NYSE:SO). Guggenheim Ltd Liability Co reported 0.16% in Southern Co (NYSE:SO). Pennsylvania Trust accumulated 0.1% or 24,956 shares. Advsr Lc invested in 0% or 200 shares. Colonial Tru Advsrs accumulated 4,710 shares or 0.07% of the stock. Cypress Cap Mgmt Lc (Wy) stated it has 0% of its portfolio in Southern Co (NYSE:SO). Pictet Asset Mgmt Limited has 4.44 million shares. Franklin Resources Inc holds 16.46M shares or 0.42% of its portfolio. Wellington Shields & Ltd Liability reported 16,339 shares stake. Montecito Retail Bank And has 7,757 shares.

Everence Capital Management Inc decreased Microsoft Ord (NASDAQ:MSFT) stake by 11,458 shares to 157,119 valued at $9.76M in 2016Q4. It also reduced Alphabet Cl A Ord stake by 3,038 shares and now owns 6,379 shares. Northern Trust Ord (NASDAQ:NTRS) was reduced too.

Since May 5, 2017, it had 0 insider purchases, and 4 sales for $7.40 million activity. Shares for $3.43M were sold by Kerr – II James Y on Friday, May 5. 46,940 shares were sold by BEATTIE ART P, worth $2.42M on Wednesday, June 14. Lantrip Mark had sold 25,000 shares worth $1.29 million. On Monday, June 12 Daiss Ann P sold $256,400 worth of Southern Co (NYSE:SO) or 5,000 shares.

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 30 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Sector Perform” rating on Friday, May 13 by Scotia Capital. The stock of Southern Co (NYSE:SO) earned “Neutral” rating by Goldman Sachs on Thursday, July 14. The stock has “Buy” rating by Jefferies on Thursday, April 13. BMO Capital Markets maintained Southern Co (NYSE:SO) on Friday, March 31 with “Hold” rating. The rating was initiated by Citigroup with “Sell” on Thursday, December 15. As per Tuesday, June 6, the company rating was maintained by Jefferies. The company was upgraded on Thursday, July 14 by Barclays Capital. SunTrust maintained Southern Co (NYSE:SO) on Monday, October 19 with “Neutral” rating. Argus Research downgraded the shares of SO in report on Friday, March 3 to “Hold” rating. On Sunday, August 16 the stock rating was upgraded by Zacks to “Hold”.

Envestnet Asset Management Inc decreased Ppg Inds Inc (NYSE:PPG) stake by 13,474 shares to 59,335 valued at $5.62M in 2016Q4. It also reduced Ishares Tr (IWS) stake by 17,158 shares and now owns 412,859 shares. Norwegian Cruise Line Hldgs (NASDAQ:NCLH) was reduced too.

Among 15 analysts covering Novartis Ag (NYSE:NVS), 4 have Buy rating, 3 Sell and 8 Hold. Therefore 27% are positive. Novartis Ag had 26 analyst reports since July 28, 2015 according to SRatingsIntel. Chardan Capital Markets initiated the shares of NVS in report on Tuesday, September 20 with “Buy” rating. The firm earned “Market Perform” rating on Wednesday, April 5 by Cowen & Co. Cowen & Co maintained it with “Hold” rating and $7700 target in Monday, July 10 report. The firm earned “Neutral” rating on Wednesday, January 11 by Credit Suisse. The rating was downgraded by Morgan Stanley on Tuesday, April 12 to “Underperform”. The firm has “Neutral” rating by Goldman Sachs given on Thursday, March 23. The firm earned “Buy” rating on Wednesday, March 8 by Societe Generale. Barclays Capital upgraded the shares of NVS in report on Friday, June 23 to “Hold” rating. The rating was downgraded by Credit Suisse to “Underperform” on Wednesday, July 5. The rating was downgraded by Mainfirst on Wednesday, October 28 to “Underperform”.

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