Janus Henderson Group PLC boosted its stake in Atmos Energy Corporation (NYSE:ATO) by 298.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,674 shares of the utilities provider’s stock after acquiring an additional 28,960 shares during the period. Janus Henderson Group PLC’s holdings in Atmos Energy Corporation were worth $3,208,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in ATO. OppenheimerFunds Inc. boosted its stake in Atmos Energy Corporation by 5.4% in the 1st quarter. OppenheimerFunds Inc. now owns 10,121 shares of the utilities provider’s stock worth $799,000 after purchasing an additional 515 shares in the last quarter. Teachers Advisors LLC boosted its stake in Atmos Energy Corporation by 30.8% in the 1st quarter. Teachers Advisors LLC now owns 153,921 shares of the utilities provider’s stock worth $12,158,000 after purchasing an additional 36,232 shares in the last quarter. Thrivent Financial For Lutherans boosted its stake in Atmos Energy Corporation by 11.5% in the 1st quarter. Thrivent Financial For Lutherans now owns 19,900 shares of the utilities provider’s stock worth $1,572,000 after purchasing an additional 2,050 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Atmos Energy Corporation by 0.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 361,657 shares of the utilities provider’s stock worth $28,567,000 after purchasing an additional 3,341 shares in the last quarter. Finally, Morgan Stanley boosted its stake in Atmos Energy Corporation by 0.4% in the 1st quarter. Morgan Stanley now owns 594,012 shares of the utilities provider’s stock worth $46,920,000 after purchasing an additional 2,153 shares in the last quarter. Institutional investors and hedge funds own 70.69% of the company’s stock.
In other Atmos Energy Corporation news, Director Richard A. Sampson purchased 1,500 shares of the company’s stock in a transaction on Tuesday, August 15th. The stock was acquired at an average cost of $88.12 per share, for a total transaction of $132,180.00. Following the purchase, the director now directly owns 3,000 shares of the company’s stock, valued at approximately $264,360. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.57% of the company’s stock.
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ATO has been the topic of a number of analyst reports. 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 research note on Friday, September 1st. J P Morgan Chase & Co boosted their target price on Atmos Energy Corporation from $91.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday, October 12th. Barclays PLC reissued a “sell” rating and issued a $76.00 target price on shares of Atmos Energy Corporation in a research report on Friday, July 21st. BidaskClub raised Atmos Energy Corporation from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Finally, Argus boosted their target price on Atmos Energy Corporation from $92.00 to $97.00 and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. Atmos Energy Corporation has an average rating of “Buy” and an average price target of $85.67.
Shares of Atmos Energy Corporation (ATO) traded down $0.63 during trading hours on Friday, hitting $89.16. The company had a trading volume of 459,600 shares, compared to its average volume of 359,845. The company has a market cap of $9,523.63, a P/E ratio of 24.47, a PEG ratio of 3.57 and a beta of 0.38. The company has a current ratio of 0.53, a quick ratio of 0.51 and a debt-to-equity ratio of 0.79. Atmos Energy Corporation has a 52 week low of $69.50 and a 52 week high of $90.39.
Atmos Energy Corporation (NYSE:ATO) last announced its quarterly earnings data on Wednesday, November 8th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.34. During the same period in the prior year, the company earned $0.40 EPS. research analysts predict that Atmos Energy Corporation will post 3.65 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Monday, November 27th will be paid a $0.485 dividend. This represents a $1.94 annualized dividend and a yield of 2.18%. This is an increase from Atmos Energy Corporation’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Friday, November 24th. Atmos Energy Corporation’s dividend payout ratio is presently 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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