NEXT Financial Group Inc increased its stake in shares of Atmos Energy Corporation (NYSE:ATO) by 159.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,585 shares of the utilities provider’s stock after acquiring an additional 975 shares during the period. NEXT Financial Group Inc’s holdings in Atmos Energy Corporation were worth $137,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Janus Henderson Group PLC lifted its position in Atmos Energy Corporation by 298.1% during the 2nd quarter. Janus Henderson Group PLC now owns 38,674 shares of the utilities provider’s stock worth $3,208,000 after acquiring an additional 28,960 shares in the last quarter. Prudential Financial Inc. lifted its position in Atmos Energy Corporation by 12.8% during the 2nd quarter. Prudential Financial Inc. now owns 838,816 shares of the utilities provider’s stock worth $69,580,000 after acquiring an additional 95,248 shares in the last quarter. Legal & General Group Plc lifted its position in Atmos Energy Corporation by 5.3% during the 2nd quarter. Legal & General Group Plc now owns 472,333 shares of the utilities provider’s stock worth $39,181,000 after acquiring an additional 23,724 shares in the last quarter. Swiss National Bank lifted its position in Atmos Energy Corporation by 4.2% during the 2nd quarter. Swiss National Bank now owns 383,800 shares of the utilities provider’s stock worth $31,836,000 after acquiring an additional 15,400 shares in the last quarter. Finally, Mutual of America Capital Management LLC raised its position in shares of Atmos Energy Corporation by 2.1% in the 2nd 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. 69.79% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Atmos Energy Corporation (NYSE ATO) traded up $0.31 during midday trading on Wednesday, hitting $89.42. The stock had a trading volume of 459,500 shares, compared to its average volume of 362,496. Atmos Energy Corporation has a 1-year low of $69.57 and a 1-year high of $91.00. The company has a quick ratio of 0.35, a current ratio of 0.53 and a debt-to-equity ratio of 0.79. The company has a market cap of $9,455.70, a P/E ratio of 24.28, a price-to-earnings-growth ratio of 3.51 and a beta of 0.38.

Atmos Energy Corporation (NYSE:ATO) last issued its quarterly earnings results on Wednesday, November 8th. The utilities provider reported $0.34 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.34. During the same period in the prior year, the company earned $0.40 earnings per share. research analysts forecast that Atmos Energy Corporation will post 3.61 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Monday, November 27th will be paid a dividend of $0.485 per share. This is an increase from Atmos Energy Corporation’s previous quarterly dividend of $0.45. This represents a $1.94 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Friday, November 24th. Atmos Energy Corporation’s dividend payout ratio is presently 48.13%.

A number of equities analysts have issued reports on the company. BidaskClub lowered Atmos Energy Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Barclays PLC set a $84.00 target price on Atmos Energy Corporation and gave the company a “sell” rating in a research report on Sunday, August 6th. Zacks Investment Research downgraded Atmos Energy Corporation from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Argus boosted their price target on Atmos Energy Corporation from $92.00 to $97.00 and gave the company a “buy” rating in a report on Wednesday, August 23rd. Finally, J P Morgan Chase & Co boosted their price target on Atmos Energy Corporation from $91.00 to $94.00 and gave the company an “overweight” rating in a report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. Atmos Energy Corporation currently has an average rating of “Hold” and a consensus target price of $86.80.

Atmos Energy Corporation 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.

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

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