Trexquant Investment LP Has $669,000 Holdings in Atmos Energy Co. (ATO)

Trexquant Investment LP grew its holdings in shares of Atmos Energy Co. (NYSE:ATO) by 22.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 7,127 shares of the utilities provider’s stock after acquiring an additional 1,298 shares during the quarter. Trexquant Investment LP’s holdings in Atmos Energy were worth $669,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in ATO. Qube Research & Technologies Ltd acquired a new position in Atmos Energy during the 2nd quarter worth $111,000. NEXT Financial Group Inc acquired a new position in Atmos Energy during the 3rd quarter worth $115,000. Rockland Trust Co. acquired a new position in Atmos Energy during the 3rd quarter worth $201,000. Carnegie Capital Asset Management LLC acquired a new position in Atmos Energy during the 2nd quarter worth $209,000. Finally, Wedbush Securities Inc. acquired a new position in Atmos Energy during the 2nd quarter worth $210,000. Institutional investors own 74.43% of the company’s stock.

Shares of Atmos Energy stock opened at $97.61 on Tuesday. The company has a quick ratio of 0.16, a current ratio of 0.25 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $10.65 billion, a PE ratio of 24.40, a PEG ratio of 3.20 and a beta of 0.11. Atmos Energy Co. has a fifty-two week low of $76.46 and a fifty-two week high of $100.76.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings data on Wednesday, November 7th. The utilities provider reported $0.41 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.05. The firm had revenue of $444.70 million during the quarter, compared to analyst estimates of $613.41 million. The company’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.34 EPS. Equities analysts anticipate that Atmos Energy Co. will post 4.27 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 10th. Stockholders of record on Monday, November 26th will be issued a $0.525 dividend. This is a positive change from Atmos Energy’s previous quarterly dividend of $0.49. The ex-dividend date is Friday, November 23rd. This represents a $2.10 annualized dividend and a dividend yield of 2.15%. Atmos Energy’s dividend payout ratio is 52.50%.

A number of research analysts have issued reports on the company. Zacks Investment Research lowered Atmos Energy from a “buy” rating to a “hold” rating in a research report on Monday, October 29th. Citigroup boosted their price target on Atmos Energy from $88.00 to $103.00 and gave the stock a “neutral” rating in a research report on Thursday, November 29th. Seaport Global Securities reiterated a “buy” rating and set a $98.00 price target on shares of Atmos Energy in a research report on Thursday, August 16th. ValuEngine upgraded Atmos Energy from a “hold” rating to a “buy” rating in a research report on Tuesday, October 2nd. Finally, Morgan Stanley set a $103.00 price objective on Atmos Energy and gave the company a “buy” rating in a report on Thursday, October 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company. Atmos Energy presently has a consensus rating of “Buy” and a consensus target price of $96.25.

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Atmos Energy Company Profile

Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through Distribution, and Pipeline and Storage segments. The Distribution segment is involved in regulated natural gas distribution, and related sales and storage operations.

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

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