Hudson Valley Investment Advisors Inc. ADV lessened its stake in The Southern Company ( NYSE:SO – Get Rating ) by 3.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 17,730 shares of the utilities provider's stock after selling 640 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV's holdings in Southern were worth $1,266,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also made changes to their positions in the stock.

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