Barclays PLC set a $84.00 price target on Atmos Energy Corporation (NYSE:ATO) in a research report released on Sunday morning. The firm currently has a sell rating on the utilities provider’s stock.

A number of other research firms have also recently issued reports on ATO. BidaskClub cut shares of Atmos Energy Corporation from a buy rating to a hold rating in a research report on Friday, June 30th. Zacks Investment Research lowered shares of Atmos Energy Corporation from a buy rating to a hold rating in a research note on Friday, August 4th. J P Morgan Chase & Co reaffirmed an overweight rating and set a $89.00 target price (up previously from $88.00) on shares of Atmos Energy Corporation in a research note on Thursday, June 1st. Finally, Argus lifted their target price on shares of Atmos Energy Corporation from $89.00 to $92.00 and gave the company a buy rating in a research note on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. Atmos Energy Corporation presently has a consensus rating of Hold and an average price target of $86.83.

Shares of Atmos Energy Corporation (NYSE:ATO) opened at 87.43 on Friday. The stock’s 50 day moving average price is $84.95 and its 200-day moving average price is $81.04. Atmos Energy Corporation has a one year low of $68.51 and a one year high of $88.69. The company has a market cap of $9.30 billion, a PE ratio of 23.46 and a beta of 0.39.

Atmos Energy Corporation (NYSE:ATO) last released its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.01. The firm had revenue of $526.50 million during the quarter, compared to analysts’ expectations of $596.52 million. During the same quarter in the previous year, the firm posted $0.64 EPS. On average, analysts expect that Atmos Energy Corporation will post $3.60 EPS for the current year.

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The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 5th. Stockholders of record on Monday, August 21st will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Thursday, August 17th. Atmos Energy Corporation’s payout ratio is 48.13%.

Several large investors have recently made changes to their positions in ATO. Carroll Financial Associates Inc. raised its stake in shares of 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 worth $106,000 after buying an additional 4 shares during the last quarter. Advisor Partners LLC raised its stake in shares of Atmos Energy Corporation by 1.0% in the first quarter. Advisor Partners LLC now owns 2,777 shares of the utilities provider’s stock worth $219,000 after buying an additional 28 shares during the last quarter. Lbmc Investment Advisors LLC raised its stake in shares of Atmos Energy Corporation by 0.5% in the second quarter. Lbmc Investment Advisors LLC now owns 5,353 shares of the utilities provider’s stock worth $444,000 after buying an additional 28 shares during the last quarter. Public Employees Retirement Association of Colorado raised its stake in shares of Atmos Energy Corporation by 1.1% in the second quarter. Public Employees Retirement Association of Colorado now owns 3,243 shares of the utilities provider’s stock worth $269,000 after buying an additional 35 shares during the last quarter. Finally, Ronna Sue Cohen raised its stake in shares of Atmos Energy Corporation by 0.5% in the second quarter. Ronna Sue Cohen now owns 7,515 shares of the utilities provider’s stock worth $623,000 after buying an additional 40 shares during the last quarter. 72.10% of the stock is currently owned by hedge funds and other institutional investors.

Atmos Energy Corporation Company Profile

Atmos Energy Corporation is engaged primarily in the regulated natural gas distribution and pipeline businesses, as well as other nonregulated natural gas businesses. The Company operates through three segments: regulated distribution segment, which includes its regulated distribution and related sales operations; regulated pipeline segment, which includes the 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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