Atmos Energy Corporation (ATO) Shares Sold by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA trimmed its stake in Atmos Energy Corporation (NYSE:ATO) by 70.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 44,867 shares of the utilities provider’s stock after selling 105,912 shares during the period. BNP Paribas Arbitrage SA’s holdings in Atmos Energy Corporation were worth $3,762,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC raised its stake in shares of Atmos Energy Corporation by 38.1% in the 2nd quarter. Proficio Capital Partners LLC now owns 1,138 shares of the utilities provider’s stock valued at $101,000 after acquiring an additional 314 shares during the period. Carroll Financial Associates Inc. raised its stake in shares of Atmos Energy Corporation by 0.3% in the 2nd quarter. Carroll Financial Associates Inc. now owns 1,282 shares of the utilities provider’s stock valued at $106,000 after acquiring an additional 4 shares during the period. Toronto Dominion Bank raised its stake in shares of Atmos Energy Corporation by 13.6% in the 2nd quarter. Toronto Dominion Bank now owns 1,293 shares of the utilities provider’s stock valued at $107,000 after acquiring an additional 155 shares during the period. Huntington National Bank raised its stake in shares of Atmos Energy Corporation by 50.0% in the 2nd quarter. Huntington National Bank now owns 1,500 shares of the utilities provider’s stock valued at $124,000 after acquiring an additional 500 shares during the period. Finally, Carnegie Capital Asset Management LLC purchased a new stake in shares of Atmos Energy Corporation in the 2nd quarter valued at approximately $216,000. 69.79% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms have recently issued reports on ATO. J P Morgan Chase & Co boosted their price target on shares of Atmos Energy Corporation from $91.00 to $94.00 and gave the company an “overweight” rating in a research note on Thursday, October 12th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $77.00 price target (up from $67.00) on shares of Atmos Energy Corporation in a research note on Friday, September 1st. Argus boosted 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 note on Wednesday, August 23rd. BidaskClub raised shares of Atmos Energy Corporation from a “hold” rating to a “buy” rating in a research note on Friday, August 18th. Finally, Barclays PLC set a $84.00 price target on shares of Atmos Energy Corporation and gave the company a “sell” rating in a research note on Sunday, August 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $86.80.

Shares of Atmos Energy Corporation (NYSE ATO) opened at $89.33 on Monday. Atmos Energy Corporation has a 52 week low of $69.57 and a 52 week high of $91.00. The firm has a market cap of $9,479.05, a P/E ratio of 24.34, a P/E/G ratio of 3.58 and a beta of 0.38. 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 (NYSE:ATO) last announced its earnings results on Wednesday, November 8th. The utilities provider reported $0.34 earnings per share for the quarter, hitting the consensus estimate of $0.34. During the same quarter in the previous year, the company earned $0.40 EPS. analysts predict that Atmos Energy Corporation will post 3.61 earnings per share for the current year.

The firm also recently announced 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 annualized dividend and a yield of 2.17%. The ex-dividend date is Friday, November 24th. Atmos Energy Corporation’s dividend payout ratio 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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