The Manufacturers Life Insurance Company raised its position in Atmos Energy Corporation (NYSE:ATO) by 0.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 455,321 shares of the utilities provider’s stock after purchasing an additional 2,768 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.43% of Atmos Energy Corporation worth $37,769,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Prudential Financial Inc. grew its stake in Atmos Energy Corporation by 12.8% in the second quarter. Prudential Financial Inc. now owns 838,816 shares of the utilities provider’s stock valued at $69,580,000 after purchasing an additional 95,248 shares in the last quarter. Legal & General Group Plc grew its stake in Atmos Energy Corporation by 5.3% in the second quarter. Legal & General Group Plc now owns 472,333 shares of the utilities provider’s stock valued at $39,181,000 after purchasing an additional 23,724 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in Atmos Energy Corporation by 8.8% in the first quarter. Schwab Charles Investment Management Inc. now owns 320,214 shares of the utilities provider’s stock valued at $25,294,000 after purchasing an additional 25,769 shares in the last quarter. Swiss National Bank grew its stake in Atmos Energy Corporation by 4.2% in the second quarter. Swiss National Bank now owns 383,800 shares of the utilities provider’s stock valued at $31,836,000 after purchasing an additional 15,400 shares in the last quarter. Finally, Mutual of America Capital Management LLC grew its stake in Atmos Energy Corporation by 2.1% in the second quarter. Mutual of America Capital Management LLC now owns 85,117 shares of the utilities provider’s stock valued at $7,060,000 after purchasing an additional 1,772 shares in the last quarter. Hedge funds and other institutional investors own 71.05% of the company’s stock.

Shares of Atmos Energy Corporation (ATO) traded up 0.225% on Friday, reaching $86.985. The company’s stock had a trading volume of 14,074 shares. The company has a 50 day moving average price of $86.25 and a 200 day moving average price of $84.06. Atmos Energy Corporation has a 52-week low of $68.51 and a 52-week high of $89.00. The company has a market cap of $9.23 billion, a P/E ratio of 23.295 and a beta of 0.38.

Atmos Energy Corporation (NYSE:ATO) last released its quarterly earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share (EPS) 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 in the prior year, the business earned $0.64 EPS. On average, analysts anticipate that Atmos Energy Corporation will post $3.62 earnings per share for the current fiscal year.

In related news, Director Richard A. Sampson acquired 1,500 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The stock was bought at an average price of $88.12 per share, for a total transaction of $132,180.00. Following the acquisition, the director now directly owns 3,000 shares of the company’s stock, valued at $264,360. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.57% of the stock is owned by company insiders.

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A number of research analysts have commented on the company. Argus boosted their target price on Atmos Energy Corporation from $92.00 to $97.00 and gave the company a “buy” rating in a research note on Wednesday, August 23rd. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a $77.00 target price (up previously from $67.00) on shares of Atmos Energy Corporation in a research note on Friday, September 1st. BidaskClub upgraded Atmos Energy Corporation from a “hold” rating to a “buy” rating in a research note on Friday, August 18th. Barclays PLC set a $84.00 target price on Atmos Energy Corporation and gave the company a “sell” rating in a research note on Sunday, August 6th. Finally, Zacks Investment Research downgraded Atmos Energy Corporation from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. Atmos Energy Corporation currently has an average rating of “Buy” and a consensus target price of $85.67.

About Atmos Energy Corporation

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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