SPF Beheer BV Boosts Holdings in Atmos Energy Corporation (ATO)
SPF Beheer BV raised its stake in Atmos Energy Corporation (NYSE:ATO) by 6.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 442,037 shares of the utilities provider’s stock after acquiring an additional 26,470 shares during the quarter. SPF Beheer BV owned about 0.42% of Atmos Energy Corporation worth $37,060,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also modified their holdings of ATO. Dimensional Fund Advisors LP raised its holdings in shares of Atmos Energy Corporation by 0.9% in the first quarter. Dimensional Fund Advisors LP now owns 361,657 shares of the utilities provider’s stock valued at $28,567,000 after purchasing an additional 3,341 shares during the last quarter. Mn Services Vermogensbeheer B.V. lifted its position in Atmos Energy Corporation by 528.2% during the second quarter. Mn Services Vermogensbeheer B.V. now owns 17,075 shares of the utilities provider’s stock worth $1,416,000 after purchasing an additional 14,357 shares during the period. State Treasurer State of Michigan increased its stake in shares of Atmos Energy Corporation by 1.6% in the second quarter. State Treasurer State of Michigan now owns 43,400 shares of the utilities provider’s stock valued at $3,600,000 after buying an additional 700 shares during the period. US Bancorp DE increased its stake in shares of Atmos Energy Corporation by 65.3% in the second quarter. US Bancorp DE now owns 23,437 shares of the utilities provider’s stock valued at $1,944,000 after buying an additional 9,260 shares during the period. Finally, Forsta AP Fonden increased its stake in shares of Atmos Energy Corporation by 658.1% in the second quarter. Forsta AP Fonden now owns 88,700 shares of the utilities provider’s stock valued at $7,358,000 after buying an additional 77,000 shares during the period. 69.79% of the stock is currently owned by institutional investors.
Several research analysts have recently issued reports on the company. J P Morgan Chase & Co upped their price objective on Atmos Energy Corporation from $91.00 to $94.00 and gave the company an “overweight” rating in a research note on Thursday, October 12th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and set a $77.00 target price (up previously from $67.00) on shares of Atmos Energy Corporation in a research report on Friday, September 1st. Argus increased their target price on shares of Atmos Energy Corporation from $92.00 to $97.00 and gave the company a “buy” rating in a research report on Wednesday, August 23rd. BidaskClub raised shares of Atmos Energy Corporation from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Finally, Barclays PLC set a $84.00 price target on Atmos Energy Corporation and gave the stock a “sell” rating in a report on Sunday, August 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $86.80.
Atmos Energy Corporation (NYSE:ATO) last issued its quarterly earnings data on Wednesday, November 8th. The utilities provider reported $0.34 earnings per share for the quarter, meeting the consensus estimate of $0.34. During the same period in the prior year, the firm earned $0.40 EPS. equities research analysts forecast that Atmos Energy Corporation will post 3.61 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Monday, November 27th will be given a dividend of $0.485 per share. The ex-dividend date is Friday, November 24th. This is a positive change from Atmos Energy Corporation’s previous quarterly dividend of $0.45. This represents a $1.94 annualized dividend and a dividend yield of 2.18%. Atmos Energy Corporation’s dividend payout ratio (DPR) is currently 49.86%.
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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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