Ameritas Advisory Services LLC Invests $61,000 in Atmos Energy Corporation $ATO

Ameritas Advisory Services LLC acquired a new position in shares of Atmos Energy Corporation (NYSE:ATOFree Report) in the second quarter, HoldingsChannel reports. The institutional investor acquired 397 shares of the utilities provider’s stock, valued at approximately $61,000.

A number of other institutional investors also recently made changes to their positions in the company. Asset Advisors Investment Management LLC boosted its holdings in shares of Atmos Energy by 6.4% during the second quarter. Asset Advisors Investment Management LLC now owns 12,475 shares of the utilities provider’s stock worth $1,923,000 after acquiring an additional 747 shares during the period. Ashton Thomas Securities LLC acquired a new stake in shares of Atmos Energy in the second quarter valued at approximately $228,000. Hilltop National Bank acquired a new stake in shares of Atmos Energy in the second quarter valued at approximately $131,000. Jmac Enterprises LLC raised its position in shares of Atmos Energy by 36.0% in the second quarter. Jmac Enterprises LLC now owns 3,400 shares of the utilities provider’s stock valued at $524,000 after buying an additional 900 shares in the last quarter. Finally, ASR Vermogensbeheer N.V. raised its position in shares of Atmos Energy by 120.1% in the second quarter. ASR Vermogensbeheer N.V. now owns 21,761 shares of the utilities provider’s stock valued at $3,353,000 after buying an additional 11,872 shares in the last quarter. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Stock Up 0.9%

Shares of ATO opened at $176.45 on Monday. Atmos Energy Corporation has a one year low of $136.05 and a one year high of $177.83. The company has a market cap of $28.32 billion, a P/E ratio of 24.24, a P/E/G ratio of 3.06 and a beta of 0.74. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.37 and a quick ratio of 1.25. The firm has a 50 day simple moving average of $166.31 and a two-hundred day simple moving average of $159.00.

Atmos Energy (NYSE:ATOGet Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The utilities provider reported $1.16 EPS for the quarter, missing the consensus estimate of $1.17 by ($0.01). The firm had revenue of $838.77 million for the quarter, compared to analyst estimates of $848.97 million. Atmos Energy had a net margin of 25.05% and a return on equity of 9.00%. During the same quarter in the prior year, the firm earned $1.08 earnings per share. Research analysts forecast that Atmos Energy Corporation will post 7.18 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 8th. Investors of record on Monday, August 25th were paid a $0.87 dividend. The ex-dividend date of this dividend was Monday, August 25th. This represents a $3.48 annualized dividend and a dividend yield of 2.0%. Atmos Energy’s payout ratio is currently 47.80%.

Analyst Upgrades and Downgrades

ATO has been the subject of a number of analyst reports. Mizuho lifted their price target on shares of Atmos Energy from $164.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, September 26th. Wall Street Zen upgraded shares of Atmos Energy from a “sell” rating to a “hold” rating in a research report on Sunday, August 17th. LADENBURG THALM/SH SH reiterated a “neutral” rating and issued a $163.00 price target (down from $171.00) on shares of Atmos Energy in a research report on Friday, August 8th. Barclays set a $175.00 price objective on shares of Atmos Energy in a research report on Thursday. Finally, Morgan Stanley boosted their price objective on shares of Atmos Energy from $162.00 to $167.00 and gave the company an “overweight” rating in a research report on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $164.70.

Get Our Latest Stock Report on Atmos Energy

About Atmos Energy

(Free Report)

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 two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states.

Featured Articles

Want to see what other hedge funds are holding ATO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atmos Energy Corporation (NYSE:ATOFree Report).

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

Receive News & Ratings for Atmos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atmos Energy and related companies with MarketBeat.com's FREE daily email newsletter.