Veritable L.P. held its position in shares of Atmos Energy Corporation (NYSE:ATO) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,890 shares of the utilities provider’s stock at the end of the 2nd quarter. Veritable L.P.’s holdings in Atmos Energy Corporation were worth $240,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ATO. Proficio Capital Partners LLC increased its position in shares of Atmos Energy Corporation by 38.1% during the 2nd quarter. Proficio Capital Partners LLC now owns 1,138 shares of the utilities provider’s stock valued at $101,000 after purchasing an additional 314 shares during the last quarter. Carroll Financial Associates Inc. increased its position in shares of Atmos Energy Corporation by 0.3% during the 2nd quarter. Carroll Financial Associates Inc. now owns 1,282 shares of the utilities provider’s stock valued at $106,000 after purchasing an additional 4 shares during the last quarter. Strs Ohio increased its position in shares of Atmos Energy Corporation by 14.5% during the 1st quarter. Strs Ohio now owns 1,502 shares of the utilities provider’s stock valued at $118,000 after purchasing an additional 190 shares during the last quarter. Huntington National Bank increased its position in shares of Atmos Energy Corporation by 50.0% during the 2nd quarter. Huntington National Bank now owns 1,500 shares of the utilities provider’s stock valued at $124,000 after purchasing an additional 500 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. purchased a new stake in shares of Atmos Energy Corporation during the 1st quarter valued at about $134,000. 71.05% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently commented on ATO shares. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a $77.00 price target (up previously from $67.00) on shares of Atmos Energy Corporation in a research report on Friday, September 1st. Argus upped their price target on shares of Atmos Energy Corporation from $89.00 to $92.00 and gave the company a “buy” rating in a research report on Tuesday, June 13th. Barclays PLC reaffirmed a “sell” rating and set a $76.00 price target on shares of Atmos Energy Corporation in a research report on Friday, July 21st. BidaskClub raised shares of Atmos Energy Corporation from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Finally, Zacks Investment Research lowered shares of Atmos Energy Corporation from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $84.83.

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Shares of Atmos Energy Corporation (NYSE ATO) opened at 84.80 on Friday. The stock has a market capitalization of $8.99 billion, a price-to-earnings ratio of 22.71 and a beta of 0.38. The company has a 50-day moving average of $86.51 and a 200 day moving average of $83.84. Atmos Energy Corporation has a 12-month low of $68.51 and a 12-month high of $89.00.

Atmos Energy Corporation (NYSE:ATO) last released its earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 EPS for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.01. The firm had revenue of $526.50 million for the quarter, compared to analyst estimates of $596.52 million. During the same period last year, the firm earned $0.64 EPS. Analysts predict that Atmos Energy Corporation will post $3.62 earnings per share for the current year.

In other news, Director Richard A. Sampson bought 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was purchased 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 directly owns 3,000 shares of the company’s stock, valued at approximately $264,360. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.57% of the company’s stock.

Atmos Energy Corporation 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.

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

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