BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lowered its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 16.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,701 shares of the utilities provider’s stock after selling 14,091 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp owned 0.07% of Atmos Energy worth $5,928,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Atmos Energy by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 10,274,797 shares of the utilities provider’s stock valued at $852,294,000 after buying an additional 150,691 shares during the last quarter. BlackRock Inc. raised its position in Atmos Energy by 2.7% in the 2nd quarter. BlackRock Inc. now owns 9,636,125 shares of the utilities provider’s stock valued at $799,314,000 after buying an additional 255,277 shares during the last quarter. Bank of New York Mellon Corp raised its position in Atmos Energy by 1.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,376,644 shares of the utilities provider’s stock valued at $114,193,000 after buying an additional 23,431 shares during the last quarter. Cramer Rosenthal Mcglynn LLC raised its position in Atmos Energy by 22.3% in the 2nd quarter. Cramer Rosenthal Mcglynn LLC now owns 1,128,125 shares of the utilities provider’s stock valued at $93,578,000 after buying an additional 205,735 shares during the last quarter. Finally, Magellan Asset Management Ltd raised its position in Atmos Energy by 6.3% in the 2nd quarter. Magellan Asset Management Ltd now owns 1,060,415 shares of the utilities provider’s stock valued at $87,961,000 after buying an additional 62,854 shares during the last quarter. 67.82% of the stock is currently owned by institutional investors.

Atmos Energy Corporation (ATO) opened at $89.28 on Wednesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.53 and a quick ratio of 0.35. The firm has a market capitalization of $10,193.65, a P/E ratio of 25.04, a price-to-earnings-growth ratio of 3.68 and a beta of 0.40. Atmos Energy Corporation has a one year low of $72.02 and a one year high of $93.56.

Atmos Energy (NYSE:ATO) last posted 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. equities research analysts predict that Atmos Energy Corporation will post 3.61 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Monday, November 27th were paid a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a yield of 2.17%. This is an increase from Atmos Energy’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Friday, November 24th. Atmos Energy’s dividend payout ratio (DPR) is currently 51.87%.

ATO has been the topic of a number of recent research reports. BidaskClub raised Atmos Energy from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Argus lifted their target price on Atmos Energy from $92.00 to $97.00 and gave the company a “buy” rating in a research report on Wednesday, August 23rd. Goldman Sachs Group reissued a “neutral” rating and issued a $77.00 target price (up previously from $67.00) on shares of Atmos Energy in a research report on Friday, September 1st. J P Morgan Chase & Co lifted their target price on Atmos Energy from $91.00 to $94.00 and gave the company an “overweight” rating in a research report on Thursday, October 12th. Finally, Zacks Investment Research raised Atmos Energy from a “hold” rating to a “buy” rating and set a $103.00 target price on the stock in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $89.50.

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Atmos Energy 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 (NYSE:ATO)

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