Neuberger Berman Group LLC decreased its position in Atmos Energy Co. (NYSE:ATO) by 3.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 383,868 shares of the utilities provider’s stock after selling 11,976 shares during the period. Neuberger Berman Group LLC owned approximately 0.36% of Atmos Energy worth $32,183,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Toronto Dominion Bank lifted its stake in Atmos Energy by 13.6% during 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. NEXT Financial Group Inc increased its position in shares of Atmos Energy by 159.8% during the 3rd quarter. NEXT Financial Group Inc now owns 1,585 shares of the utilities provider’s stock valued at $137,000 after purchasing an additional 975 shares during the last quarter. Carnegie Capital Asset Management LLC purchased a new stake in shares of Atmos Energy during the 2nd quarter valued at about $216,000. Private Advisor Group LLC purchased a new stake in shares of Atmos Energy during the 3rd quarter valued at about $223,000. Finally, Oppenheimer Asset Management Inc. increased its position in shares of Atmos Energy by 72.1% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 2,922 shares of the utilities provider’s stock valued at $242,000 after purchasing an additional 1,224 shares during the last quarter. Institutional investors own 67.70% of the company’s stock.
Shares of Atmos Energy Co. (NYSE:ATO) traded down $0.16 on Friday, reaching $79.84. 738,075 shares of the company’s stock were exchanged, compared to its average volume of 567,061. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.35 and a current ratio of 0.53. Atmos Energy Co. has a twelve month low of $72.58 and a twelve month high of $93.56. The stock has a market cap of $8,876.66, a price-to-earnings ratio of 21.35, a P/E/G ratio of 2.98 and a beta of 0.40.
Atmos Energy (NYSE:ATO) last posted its earnings results on Wednesday, November 8th. The utilities provider reported $0.34 EPS for the quarter, meeting analysts’ consensus estimates of $0.34. During the same period in the prior year, the company earned $0.40 EPS. equities research analysts expect that Atmos Energy Co. will post 3.61 EPS for the current year.
Several equities research analysts have recently commented on ATO shares. JPMorgan Chase & Co. upped their price target on shares of Atmos Energy from $91.00 to $94.00 and gave the company an “overweight” rating in a research report on Thursday, October 12th. Zacks Investment Research raised shares of Atmos Energy from a “hold” rating to a “buy” rating and set a $103.00 target price for the company in a report on Tuesday, December 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. Atmos Energy currently has a consensus rating of “Buy” and a consensus price target of $89.20.
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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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