Atmos Energy Corporation (ATO) Shares Sold by HL Financial Services LLC

HL Financial Services LLC lessened its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 16.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 4,993 shares of the utilities provider’s stock after selling 983 shares during the period. HL Financial Services LLC’s holdings in Atmos Energy Corporation were worth $419,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Swiss National Bank grew its holdings in shares of Atmos Energy Corporation by 1.1% during the third quarter. Swiss National Bank now owns 387,900 shares of the utilities provider’s stock worth $32,522,000 after purchasing an additional 4,100 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Atmos Energy Corporation by 27.9% during the third quarter. Principal Financial Group Inc. now owns 653,063 shares of the utilities provider’s stock worth $54,752,000 after purchasing an additional 142,352 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in shares of Atmos Energy Corporation by 3.6% during the third quarter. Oregon Public Employees Retirement Fund now owns 39,415 shares of the utilities provider’s stock worth $3,305,000 after purchasing an additional 1,376 shares during the last quarter. State of Wisconsin Investment Board grew its holdings in shares of Atmos Energy Corporation by 3.3% during the third quarter. State of Wisconsin Investment Board now owns 151,433 shares of the utilities provider’s stock worth $12,696,000 after purchasing an additional 4,806 shares during the last quarter. Finally, Stevens Capital Management LP grew its holdings in shares of Atmos Energy Corporation by 212.5% during the third quarter. Stevens Capital Management LP now owns 17,705 shares of the utilities provider’s stock worth $1,484,000 after purchasing an additional 12,039 shares during the last quarter. Institutional investors own 69.55% of the company’s stock.

Several equities analysts recently issued reports on the company. Argus raised 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. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $77.00 price target (up previously from $67.00) on shares of Atmos Energy Corporation in a report on Friday, September 1st. BidaskClub upgraded Atmos Energy Corporation from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Barclays PLC set a $84.00 price target on Atmos Energy Corporation and gave the company a “sell” rating in a report on Sunday, August 6th. Finally, Zacks Investment Research cut Atmos Energy Corporation from a “buy” rating to a “hold” rating in a 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 assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $85.67.

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Atmos Energy Corporation (NYSE:ATO) opened at $89.54 on Tuesday. The company has a current ratio of 0.53, a quick ratio of 0.35 and a debt-to-equity ratio of 0.79. Atmos Energy Corporation has a 1-year low of $69.50 and a 1-year high of $90.39. The stock has a market capitalization of $9,456.81, a PE ratio of 24.29, a price-to-earnings-growth ratio of 3.59 and a beta of 0.38.

Atmos Energy Corporation (NYSE:ATO) last issued its earnings results on Wednesday, November 8th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.34. During the same period in the prior year, the firm posted $0.40 EPS. sell-side analysts expect that Atmos Energy Corporation will post 3.6 EPS for the current year.

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

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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