FTB Advisors Inc. Has $224,000 Holdings in Atmos Energy Corporation (ATO)

FTB Advisors Inc. maintained its position in Atmos Energy Corporation (NYSE:ATO) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,705 shares of the utilities provider’s stock at the end of the 2nd quarter. FTB Advisors Inc.’s holdings in Atmos Energy Corporation were worth $224,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Janus Henderson Group PLC boosted its stake in shares of Atmos Energy Corporation by 298.1% during the second quarter. Janus Henderson Group PLC now owns 38,674 shares of the utilities provider’s stock valued at $3,208,000 after acquiring an additional 28,960 shares during the last quarter. Horizon Investment Services LLC boosted its stake in shares of Atmos Energy Corporation by 5.7% during the second quarter. Horizon Investment Services LLC now owns 11,781 shares of the utilities provider’s stock valued at $977,000 after acquiring an additional 638 shares during the last quarter. Shelton Capital Management acquired a new stake in shares of Atmos Energy Corporation during the second quarter valued at $644,000. Flinton Capital Management LLC boosted its stake in shares of Atmos Energy Corporation by 65.5% during the second quarter. Flinton Capital Management LLC now owns 6,064 shares of the utilities provider’s stock valued at $503,000 after acquiring an additional 2,400 shares during the last quarter. Finally, Partners Group Holding AG boosted its stake in shares of Atmos Energy Corporation by 1.3% during the second quarter. Partners Group Holding AG now owns 509,150 shares of the utilities provider’s stock valued at $42,234,000 after acquiring an additional 6,300 shares during the last quarter. 71.05% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts recently commented on the company. BidaskClub lowered Atmos Energy Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Barclays PLC reaffirmed a “sell” rating and set a $76.00 price objective on shares of Atmos Energy Corporation in a research note on Friday, July 21st. Zacks Investment Research lowered Atmos Energy Corporation from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. Argus increased their price objective on Atmos Energy Corporation from $89.00 to $92.00 and gave the company a “buy” rating in a research note on Tuesday, June 13th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a $77.00 price objective (up previously from $67.00) on shares of Atmos Energy Corporation in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $84.83.

In other Atmos Energy Corporation news, Director Richard A. Sampson purchased 1,500 shares of the stock in a transaction dated Tuesday, August 15th. The shares were acquired at an average price of $88.12 per share, for a total transaction of $132,180.00. Following the completion of the acquisition, the director now owns 3,000 shares of the company’s stock, valued at approximately $264,360. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.57% of the stock is owned by insiders.

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Atmos Energy Corporation (NYSE ATO) traded up 0.51% during mid-day trading on Friday, hitting $85.23. The company had a trading volume of 312,409 shares. Atmos Energy Corporation has a one year low of $68.51 and a one year high of $89.00. The company has a market cap of $9.04 billion, a PE ratio of 22.83 and a beta of 0.38. The company’s 50 day moving average price is $86.45 and its 200-day moving average price is $83.89.

Atmos Energy Corporation (NYSE:ATO) last announced its earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.01. The company had revenue of $526.50 million for the quarter, compared to analyst estimates of $596.52 million. During the same period last year, the firm earned $0.64 earnings per share. Equities research analysts anticipate that Atmos Energy Corporation will post $3.62 EPS for the current fiscal year.

About Atmos Energy Corporation

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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