Atmos Energy Corporation (ATO) Stake Decreased by Xact Kapitalforvaltning AB

Xact Kapitalforvaltning AB reduced its position in Atmos Energy Corporation (NYSE:ATO) by 81.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,630 shares of the utilities provider’s stock after selling 42,243 shares during the period. Xact Kapitalforvaltning AB’s holdings in Atmos Energy Corporation were worth $807,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in ATO. Marshall Wace North America L.P. boosted its holdings in shares of Atmos Energy Corporation by 575.3% in the 2nd quarter. Marshall Wace North America L.P. now owns 404,822 shares of the utilities provider’s stock valued at $33,600,000 after buying an additional 344,875 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of Atmos Energy Corporation by 2.7% in the 2nd quarter. BlackRock Inc. now owns 9,636,125 shares of the utilities provider’s stock valued at $799,314,000 after buying an additional 255,277 shares in the last quarter. Cramer Rosenthal Mcglynn LLC boosted its holdings in shares of Atmos Energy Corporation by 22.3% in the 2nd quarter. Cramer Rosenthal Mcglynn LLC now owns 1,128,125 shares of the utilities provider’s stock valued at $93,578,000 after buying an additional 205,735 shares in the last quarter. First Quadrant L P CA boosted its holdings in shares of Atmos Energy Corporation by 660.1% in the 2nd quarter. First Quadrant L P CA now owns 227,601 shares of the utilities provider’s stock valued at $18,880,000 after buying an additional 197,656 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Atmos Energy Corporation by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 10,274,797 shares of the utilities provider’s stock valued at $852,294,000 after buying an additional 150,691 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

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A number of analysts have recently weighed in on ATO shares. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a $77.00 price target (up from $67.00) on shares of Atmos Energy Corporation in a report on Friday, September 1st. J P Morgan Chase & Co raised their price target on shares of Atmos Energy Corporation from $91.00 to $94.00 and gave the company an “overweight” rating in a report on Thursday, October 12th. Barclays PLC restated a “sell” rating and issued a $76.00 price target on shares of Atmos Energy Corporation in a report on Friday, July 21st. BidaskClub upgraded shares of Atmos Energy Corporation from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Finally, Argus lifted their target price on shares of Atmos Energy Corporation from $92.00 to $97.00 and gave the stock a “buy” rating in a research note on Wednesday, August 23rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $85.67.

In related news, Director Richard A. Sampson purchased 1,500 shares of the company’s stock in a transaction on Tuesday, August 15th. The shares were bought at an average cost of $88.12 per share, for a total transaction of $132,180.00. Following the completion of the purchase, the director now directly owns 3,000 shares of the company’s stock, valued at approximately $264,360. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.57% of the company’s stock.

Shares of Atmos Energy Corporation (NYSE:ATO) opened at 87.29 on Monday. The company has a 50-day moving average of $85.84 and a 200-day moving average of $84.59. Atmos Energy Corporation has a 1-year low of $68.51 and a 1-year high of $89.00. The firm has a market capitalization of $9.26 billion, a PE ratio of 23.38 and a beta of 0.38.

Atmos Energy Corporation (NYSE:ATO) last announced its quarterly earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.01. The company had revenue of $526.50 million during the quarter, compared to analysts’ expectations of $596.52 million. During the same quarter in the prior year, the company earned $0.64 earnings per share. Equities research analysts predict that Atmos Energy Corporation will post $3.61 EPS for the current fiscal year.

Atmos Energy Corporation Company Profile

Atmos Energy Corporation is a fully-regulated, natural-gas-only distributor engaged primarily in the regulated natural gas distribution and pipeline businesses, as well as other nonregulated natural gas businesses. It operates through three segments: regulated distribution segment, which includes its regulated distribution and related sales operations; regulated pipeline segment, which includes 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.

Institutional Ownership by Quarter for Atmos Energy Corporation (NYSE:ATO)

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