Atmos Energy Corporation (ATO) Stake Boosted by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund grew its position in Atmos Energy Corporation (NYSE:ATO) by 3.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,415 shares of the utilities provider’s stock after purchasing an additional 1,376 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Atmos Energy Corporation were worth $3,305,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in ATO. Proficio Capital Partners LLC raised its position in shares of Atmos Energy Corporation by 38.1% in the second quarter. Proficio Capital Partners LLC now owns 1,138 shares of the utilities provider’s stock valued at $101,000 after purchasing an additional 314 shares during the period. Carroll Financial Associates Inc. raised its position in shares of Atmos Energy Corporation by 0.3% in the second quarter. Carroll Financial Associates Inc. now owns 1,282 shares of the utilities provider’s stock valued at $106,000 after purchasing an additional 4 shares during the period. Toronto Dominion Bank raised its position in shares of Atmos Energy Corporation by 13.6% in the second quarter. Toronto Dominion Bank now owns 1,293 shares of the utilities provider’s stock valued at $107,000 after purchasing an additional 155 shares during the period. Huntington National Bank raised its position in shares of Atmos Energy Corporation by 50.0% in the second quarter. Huntington National Bank now owns 1,500 shares of the utilities provider’s stock valued at $124,000 after purchasing an additional 500 shares during the period. Finally, Oppenheimer Asset Management Inc. bought a new position in shares of Atmos Energy Corporation in the first quarter valued at approximately $134,000. 70.69% of the stock is currently owned by institutional investors.

A number of research firms have recently commented on ATO. BidaskClub lowered shares of 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 price target on shares of Atmos Energy Corporation and gave the company a “sell” rating in a research report on Sunday, August 6th. Zacks Investment Research lowered shares of Atmos Energy Corporation from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. Argus lifted their price target 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. Finally, J P Morgan Chase & Co raised their price objective on shares of Atmos Energy Corporation from $91.00 to $94.00 and gave the stock an “overweight” rating in a research note on Thursday, October 12th. One research analyst has rated the stock with a sell rating, two have issued 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 target price of $85.67.

In related news, Director Richard A. Sampson acquired 1,500 shares of the stock in a transaction dated Tuesday, August 15th. The shares were acquired at an average price of $88.12 per share, for a total transaction of $132,180.00. Following the completion of the purchase, the director now owns 3,000 shares in the company, valued at approximately $264,360. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.57% of the company’s stock.

Shares of Atmos Energy Corporation (ATO) opened at $89.16 on Friday. The stock has a market cap of $9,456.84, a price-to-earnings ratio of 24.29, a PEG ratio of 3.54 and a beta of 0.38. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.53 and a quick ratio of 0.51. 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, hitting the consensus estimate of $0.34. During the same quarter last year, the company posted $0.40 earnings per share. research analysts expect that Atmos Energy Corporation will post 3.6 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Monday, November 27th will be paid a $0.485 dividend. 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. This represents a $1.94 annualized dividend and a dividend yield of 2.18%. Atmos Energy Corporation’s dividend payout ratio (DPR) is presently 48.13%.

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

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