DE Burlo Group Inc. Has $2,106,000 Position in Atmos Energy Corporation (ATO)
DE Burlo Group Inc. continued to hold its stake in Atmos Energy Corporation (NYSE:ATO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,400 shares of the utilities provider’s stock at the end of the second quarter. DE Burlo Group Inc.’s holdings in Atmos Energy Corporation were worth $2,106,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in ATO. Mesirow Financial Investment Management Equity Management boosted its stake in Atmos Energy Corporation by 44.4% in the first quarter. Mesirow Financial Investment Management Equity Management now owns 27,675 shares of the utilities provider’s stock worth $2,185,000 after buying an additional 8,505 shares in the last quarter. ProShare Advisors LLC boosted its stake in Atmos Energy Corporation by 29.1% in the first quarter. ProShare Advisors LLC now owns 130,538 shares of the utilities provider’s stock worth $10,311,000 after buying an additional 29,389 shares in the last quarter. Korea Investment CORP boosted its stake in Atmos Energy Corporation by 11.0% in the first quarter. Korea Investment CORP now owns 53,300 shares of the utilities provider’s stock worth $4,210,000 after buying an additional 5,300 shares in the last quarter. Nationwide Fund Advisors boosted its stake in Atmos Energy Corporation by 37.6% in the first quarter. Nationwide Fund Advisors now owns 274,317 shares of the utilities provider’s stock worth $21,668,000 after buying an additional 74,949 shares in the last quarter. Finally, Candriam Luxembourg S.C.A. bought a new stake in Atmos Energy Corporation during the first quarter worth about $207,000. 71.04% of the stock is currently owned by hedge funds and other institutional investors.
Atmos Energy Corporation (ATO) opened at 88.40 on Thursday. Atmos Energy Corporation has a one year low of $68.51 and a one year high of $88.69. The firm has a 50-day moving average price of $85.52 and a 200-day moving average price of $81.49. The stock has a market cap of $9.38 billion, a price-to-earnings ratio of 23.67 and a beta of 0.39.
Atmos Energy Corporation (NYSE:ATO) last posted its earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.01. The firm had revenue of $526.50 million during the quarter, compared to analyst estimates of $596.52 million. During the same period last year, the company posted $0.64 EPS. On average, equities analysts predict that Atmos Energy Corporation will post $3.61 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 5th. Shareholders of record on Monday, August 21st will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.04%. The ex-dividend date is Thursday, August 17th. Atmos Energy Corporation’s dividend payout ratio (DPR) is 48.13%.
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A number of research firms recently issued reports on ATO. Zacks Investment Research cut shares of Atmos Energy Corporation from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. Barclays PLC set a $84.00 price objective on Atmos Energy Corporation and gave the company a “sell” rating in a report on Sunday, August 6th. BidaskClub lowered Atmos Energy Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. J P Morgan Chase & Co restated an “overweight” rating and issued a $89.00 price objective (up previously from $88.00) on shares of Atmos Energy Corporation in a report on Thursday, June 1st. Finally, Argus raised their price objective on Atmos Energy Corporation from $89.00 to $92.00 and gave the company a “buy” rating in a report on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $86.83.
In other news, Director Richard A. Sampson bought 1,500 shares of the stock in a transaction on Tuesday, August 15th. The shares were bought at an average price of $88.12 per share, with a total value of $132,180.00. Following the completion of the acquisition, the director now owns 3,000 shares of the company’s stock, valued at $264,360. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.57% of the stock is currently owned by corporate insiders.
About Atmos Energy Corporation
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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