17,797 Shares in Atmos Energy Corporation (ATO) Purchased by Magnetar Financial LLC

Magnetar Financial LLC bought a new position in shares of Atmos Energy Corporation (NYSE:ATO) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 17,797 shares of the utilities provider’s stock, valued at approximately $1,492,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Lbmc Investment Advisors LLC increased its position in shares of Atmos Energy by 0.5% during the second quarter. Lbmc Investment Advisors LLC now owns 5,353 shares of the utilities provider’s stock worth $444,000 after purchasing an additional 28 shares in the last quarter. Public Employees Retirement Association of Colorado increased its position in shares of Atmos Energy by 1.1% during the second quarter. Public Employees Retirement Association of Colorado now owns 3,243 shares of the utilities provider’s stock worth $269,000 after purchasing an additional 35 shares in the last quarter. Raymond James Trust N.A. increased its position in shares of Atmos Energy by 1.0% during the second quarter. Raymond James Trust N.A. now owns 3,791 shares of the utilities provider’s stock worth $315,000 after purchasing an additional 38 shares in the last quarter. Advisor Partners LLC increased its position in shares of Atmos Energy by 2.6% during the second quarter. Advisor Partners LLC now owns 2,849 shares of the utilities provider’s stock worth $236,000 after purchasing an additional 72 shares in the last quarter. Finally, Great Lakes Advisors LLC increased its position in shares of Atmos Energy by 2.6% during the second quarter. Great Lakes Advisors LLC now owns 4,369 shares of the utilities provider’s stock worth $362,000 after purchasing an additional 109 shares in the last quarter. Institutional investors and hedge funds own 69.96% of the company’s stock.

A number of analysts have recently commented on the company. J P Morgan Chase & Co lifted their target price on Atmos Energy from $91.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday, October 12th. Goldman Sachs Group reiterated a “neutral” rating and set a $77.00 target price (up previously from $67.00) on shares of Atmos Energy in a research report on Friday, September 1st. Argus lifted their target price on Atmos Energy from $92.00 to $97.00 and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. Finally, BidaskClub upgraded Atmos Energy from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $86.80.

Atmos Energy Corporation (NYSE ATO) opened at $91.80 on Friday. The stock has a market capitalization of $10,154.83, a PE ratio of 24.95, a P/E/G ratio of 3.68 and a beta of 0.40. Atmos Energy Corporation has a 52-week low of $72.02 and a 52-week high of $93.56. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.53 and a quick ratio of 0.35.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings results on Wednesday, November 8th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.34. During the same period last year, the firm posted $0.40 earnings per share. equities analysts expect that Atmos Energy Corporation will post 3.61 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Monday, November 27th will be given a $0.485 dividend. This represents a $1.94 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Friday, November 24th. This is a boost from Atmos Energy’s previous quarterly dividend of $0.45. Atmos Energy’s payout ratio is 51.87%.

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Atmos Energy 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 (NYSE:ATO)

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