Everett Harris & Co. CA held its stake in Atmos Energy Corporation (NYSE:ATO) during the second quarter, Holdings Channel reports. The institutional investor owned 3,500 shares of the utilities provider’s stock at the end of the second quarter. Everett Harris & Co. CA’s holdings in Atmos Energy Corporation were worth $290,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Teachers Advisors LLC increased its stake in Atmos Energy Corporation by 17.7% in the fourth quarter. Teachers Advisors LLC now owns 117,689 shares of the utilities provider’s stock valued at $8,727,000 after buying an additional 17,734 shares during the last quarter. Gulf International Bank UK Ltd increased its stake in Atmos Energy Corporation by 0.6% in the first quarter. Gulf International Bank UK Ltd now owns 31,010 shares of the utilities provider’s stock valued at $2,449,000 after buying an additional 200 shares during the last quarter. Bank of Montreal Can increased its stake in Atmos Energy Corporation by 4.2% in the first quarter. Bank of Montreal Can now owns 60,292 shares of the utilities provider’s stock valued at $4,763,000 after buying an additional 2,436 shares during the last quarter. DnB Asset Management AS bought a new stake in Atmos Energy Corporation during the first quarter valued at $893,000. Finally, Duff & Phelps Investment Management Co. increased its stake in Atmos Energy Corporation by 21.1% in the first quarter. Duff & Phelps Investment Management Co. now owns 675,945 shares of the utilities provider’s stock valued at $53,393,000 after buying an additional 117,655 shares during the last quarter. 71.04% of the stock is owned by institutional investors.
Shares of Atmos Energy Corporation (NYSE ATO) opened at 87.46 on Friday. Atmos Energy Corporation has a 12 month low of $68.51 and a 12 month high of $88.69. The company’s 50 day moving average is $85.64 and its 200-day moving average is $81.53. The company has a market cap of $9.28 billion, a P/E ratio of 23.42 and a beta of 0.39.
Atmos Energy Corporation (NYSE:ATO) last released its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.01. The business had revenue of $526.50 million for the quarter, compared to the consensus estimate of $596.52 million. During the same period in the previous year, the business posted $0.64 earnings per share. Analysts expect that Atmos Energy Corporation will post $3.61 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 5th. Stockholders of record on Monday, August 21st will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date is Thursday, August 17th. Atmos Energy Corporation’s payout ratio is 48.13%.
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ATO has been the subject of several research analyst reports. Barclays PLC set a $75.00 target price on shares of Atmos Energy Corporation and gave the stock a “sell” rating in a research report on Saturday, May 6th. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $89.00 price objective (up previously from $88.00) on shares of Atmos Energy Corporation in a research report on Thursday, June 1st. Zacks Investment Research raised shares of Atmos Energy Corporation from a “hold” rating to a “buy” rating and set a $94.00 price objective for the company in a research report on Tuesday, June 13th. Argus boosted their price objective on shares of Atmos Energy Corporation from $89.00 to $92.00 and gave the company a “buy” rating in a research report on Tuesday, June 13th. Finally, BidaskClub raised shares of Atmos Energy Corporation from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $86.83.
In other Atmos Energy Corporation news, Director Richard A. Sampson acquired 1,500 shares of Atmos Energy Corporation stock in a transaction dated Tuesday, August 15th. The stock was bought at an average cost of $88.12 per share, with a total value of $132,180.00. Following the acquisition, the director now owns 3,000 shares of the company’s stock, valued at $264,360. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.57% of the stock is currently owned by company insiders.
About Atmos Energy Corporation
Atmos Energy Corporation is engaged primarily in the regulated natural gas distribution and pipeline businesses, as well as other nonregulated natural gas businesses. The Company operates through three segments: regulated distribution segment, which includes its regulated distribution and related sales operations; regulated pipeline segment, which includes the pipeline and storage operations of its Atmos Pipeline-Texas Division, and nonregulated segment, which includes its nonregulated natural gas management, nonregulated natural gas transmission, storage and other services.
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