New York State Common Retirement Fund Raises Position in Atmos Energy Corporation (ATO)

New York State Common Retirement Fund boosted its stake in Atmos Energy Corporation (NYSE:ATO) by 2.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 232,300 shares of the utilities provider’s stock after purchasing an additional 6,500 shares during the period. New York State Common Retirement Fund owned about 0.22% of Atmos Energy worth $19,476,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of ATO. Lbmc Investment Advisors LLC raised its stake in shares of Atmos Energy by 0.5% during the second quarter. Lbmc Investment Advisors LLC now owns 5,353 shares of the utilities provider’s stock valued at $444,000 after acquiring an additional 28 shares during the last quarter. Public Employees Retirement Association of Colorado raised its stake in shares of Atmos Energy by 1.1% during the second quarter. Public Employees Retirement Association of Colorado now owns 3,243 shares of the utilities provider’s stock valued at $269,000 after acquiring an additional 35 shares during the last quarter. Raymond James Trust N.A. raised its stake in shares of Atmos Energy by 1.0% during the second quarter. Raymond James Trust N.A. now owns 3,791 shares of the utilities provider’s stock valued at $315,000 after acquiring an additional 38 shares during the last quarter. Great Lakes Advisors LLC raised its stake in shares of Atmos Energy by 2.6% during the second quarter. Great Lakes Advisors LLC now owns 4,369 shares of the utilities provider’s stock valued at $362,000 after acquiring an additional 109 shares during the last quarter. Finally, Toronto Dominion Bank raised its stake in shares of Atmos Energy by 13.6% during the second quarter. Toronto Dominion Bank now owns 1,293 shares of the utilities provider’s stock valued at $107,000 after acquiring an additional 155 shares during the last quarter. 67.82% of the stock is owned by institutional investors and hedge funds.

Shares of Atmos Energy Corporation (ATO) opened at $89.96 on Thursday. Atmos Energy Corporation has a 12-month low of $72.02 and a 12-month high of $93.56. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.35 and a current ratio of 0.53. The firm has a market cap of $9,901.96, a price-to-earnings ratio of 24.33, a PEG ratio of 3.32 and a beta of 0.40.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings data on Wednesday, November 8th. The utilities provider reported $0.34 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.34. During the same quarter last year, the firm earned $0.40 EPS. research analysts anticipate that Atmos Energy Corporation will post 3.61 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Monday, November 27th were given a dividend of $0.485 per share. The ex-dividend date was Friday, November 24th. This is a boost from Atmos Energy’s previous quarterly dividend of $0.45. This represents a $1.94 annualized dividend and a dividend yield of 2.16%. Atmos Energy’s dividend payout ratio is 51.87%.

Several equities analysts have recently issued reports on ATO shares. BidaskClub raised shares of Atmos Energy from a “hold” rating to a “buy” rating in a research note on Friday, August 18th. Argus increased their price objective on shares of Atmos Energy from $92.00 to $97.00 and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. Goldman Sachs Group reiterated a “neutral” rating and set a $77.00 price objective (up from $67.00) on shares of Atmos Energy in a research report on Friday, September 1st. J P Morgan Chase & Co increased their price objective on shares of Atmos Energy from $91.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday, October 12th. Finally, Zacks Investment Research upgraded shares of Atmos Energy from a “hold” rating to a “buy” rating and set a $103.00 price objective for the company in a research report on Tuesday. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $89.50.

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Atmos Energy 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 (NYSE:ATO)

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