Mutual of America Capital Management LLC lifted its stake in shares of Atmos Energy Corporation (NYSE:ATO) by 2.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,117 shares of the utilities provider’s stock after acquiring an additional 1,772 shares during the period. Mutual of America Capital Management LLC owned 0.08% of Atmos Energy Corporation worth $7,060,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in ATO. Proficio Capital Partners LLC lifted its holdings in shares of Atmos Energy Corporation by 38.1% during the 2nd quarter. Proficio Capital Partners LLC now owns 1,138 shares of the utilities provider’s stock worth $101,000 after acquiring an additional 314 shares during the period. Carroll Financial Associates Inc. raised its holdings in Atmos Energy Corporation by 0.3% in the second quarter. Carroll Financial Associates Inc. now owns 1,282 shares of the utilities provider’s stock valued at $106,000 after buying an additional 4 shares during the period. Strs Ohio raised its holdings in Atmos Energy Corporation by 14.5% in the first quarter. Strs Ohio now owns 1,502 shares of the utilities provider’s stock valued at $118,000 after buying an additional 190 shares during the period. Huntington National Bank raised its holdings in Atmos Energy Corporation by 50.0% in the second quarter. Huntington National Bank now owns 1,500 shares of the utilities provider’s stock valued at $124,000 after buying an additional 500 shares during the period. Finally, Oppenheimer Asset Management Inc. purchased a new position in Atmos Energy Corporation in the first quarter valued at approximately $134,000. Institutional investors and hedge funds own 71.05% of the company’s stock.
Atmos Energy Corporation (ATO) traded down 0.18% on Tuesday, reaching $86.34. 52,881 shares of the company traded hands. The firm has a 50 day moving average price of $87.58 and a 200 day moving average price of $83.32. The stock has a market capitalization of $9.16 billion, a price-to-earnings ratio of 23.12 and a beta of 0.40. Atmos Energy Corporation has a 52-week low of $68.51 and a 52-week high of $89.00.
Atmos Energy Corporation (NYSE:ATO) last posted its earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.01. The company had revenue of $526.50 million during the quarter, compared to analyst estimates of $596.52 million. During the same quarter last year, the firm posted $0.64 earnings per share. Equities research analysts predict that Atmos Energy Corporation will post $3.62 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 5th. Investors of record on Monday, August 21st were issued a $0.45 dividend. The ex-dividend date of this dividend was Thursday, August 17th. This represents a $1.80 annualized dividend and a yield of 2.08%. Atmos Energy Corporation’s dividend payout ratio (DPR) is currently 48.13%.
Several research analysts recently commented on the stock. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a $77.00 price target (up previously from $67.00) on shares of Atmos Energy Corporation in a report on Friday, September 1st. Argus raised their price target on shares of Atmos Energy Corporation from $92.00 to $97.00 and gave the company a “buy” rating in a report on Wednesday, August 23rd. BidaskClub upgraded shares of Atmos Energy Corporation from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Barclays PLC set a $84.00 price target on shares of Atmos Energy Corporation and gave the company a “sell” rating in a report on Sunday, August 6th. Finally, Zacks Investment Research lowered shares of Atmos Energy Corporation from a “buy” rating to a “hold” rating in a report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $86.14.
In related news, Director Richard A. Sampson bought 1,500 shares of Atmos Energy Corporation stock in a transaction that occurred on Tuesday, August 15th. The stock was purchased at an average cost of $88.12 per share, for a total transaction of $132,180.00. Following the acquisition, the director now owns 3,000 shares in the company, valued at $264,360. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.57% of the stock is currently owned by insiders.
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Atmos Energy Corporation 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.
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