1 week Ago By ABMN Staff
Asset Dedication LLC bought a new position in shares of Atmos Energy Co. ( NYSE:ATO – Free Report ) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,885 shares of the utilities provider’s stock, valued at approximately $220,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Candriam S.C.
A. raised its position in shares of Atmos Energy by 4.9% during the second quarter.
Candriam S.C.A.
now owns 20,169 shares of the utilities provider’s stock worth $2,353,000 after acquiring an additional 936 shares during the last quarter. Private Advisor Group LLC raised its position in shares of Atmos Energy by 18.3% during the second quarter.
Private Advisor Group LLC now owns 8,466 shares of the utilities provider’s stock worth $988,000 after acquiring an additional 1,312 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Atmos Energy by 4.
3% during the second quarter. Victory Capital Management Inc. now owns 178,001 shares of the utilities provider’s stock worth $20,764,000 after acquiring an additional 7,301 shares during the last quarter.
Altus Wealth Group LLC raised its position in shares of Atmos Energy by 6.7% during the second quarter. Altus Wealth Group LLC now owns 5,591 shares of the utilities provider’s stock worth $652,000 after acquiring an additional 351 shares during the last quarter.
Finally, National Bank of Canada FI raised its position in shares of Atmos Energy by 24.4% during the second quarter. National Bank of Canada FI now owns 41,464 shares of the utilities provider’s stock worth $4,809,000 after acquiring an additional 8,144 shares during the last quarter.
Institutional investors own 90.17% of the company’s stock. Atmos Energy Stock Down 0.
5 % NYSE:ATO opened at $130.80 on Monday. Atmos Energy Co.
has a 1 year low of $101.00 and a 1 year high of $133.46.
The company has a current ratio of 1.73, a quick ratio of 1.57 and a debt-to-equity ratio of 0.
65. The stock has a market cap of $19.73 billion, a price-to-earnings ratio of 19.
61, a PEG ratio of 2.75 and a beta of 0.68.
The stock has a 50-day moving average price of $125.65 and a two-hundred day moving average price of $119.48.
Atmos Energy Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, September 9th. Shareholders of record on Monday, August 26th will be paid a $0.805 dividend.
The ex-dividend date of this dividend is Monday, August 26th. This represents a $3.22 dividend on an annualized basis and a yield of 2.
46%. Atmos Energy’s payout ratio is 48.28%.
Analyst Upgrades and Downgrades A number of equities research analysts recently commented on the company. Morgan Stanley dropped their price objective on Atmos Energy from $122.00 to $119.
00 and set an “overweight” rating for the company in a report on Monday, June 24th. Mizuho upped their price objective on Atmos Energy from $133.00 to $138.
00 and gave the company a “buy” rating in a report on Monday, May 13th. Barclays upped their price objective on Atmos Energy from $121.00 to $129.
00 and gave the company an “equal weight” rating in a report on Tuesday, May 14th. JPMorgan Chase & Co. upped their price objective on Atmos Energy from $134.
00 to $144.00 and gave the company an “overweight” rating in a report on Thursday, August 15th. Finally, Wells Fargo & Company upped their price objective on Atmos Energy from $132.
00 to $145.00 and gave the company an “overweight” rating in a report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock.
According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $133.17.
Get Our Latest Report on Atmos Energy Atmos Energy Profile ( 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 Co. ( NYSE:ATO – Free Report ).
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 ..
