Atmos Energy Co. (NYSE:ATO) Stock Holdings Increased by Pathstone Family Office LLC

Pathstone Family Office LLC increased its holdings in shares of Atmos Energy Co. (NYSE:ATOFree Report) by 102.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 14,710 shares of the utilities provider’s stock after purchasing an additional 7,460 shares during the quarter. Pathstone Family Office LLC’s holdings in Atmos Energy were worth $1,558,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. BlackRock Inc. boosted its position in Atmos Energy by 31.8% during the second quarter. BlackRock Inc. now owns 17,992,930 shares of the utilities provider’s stock valued at $2,093,298,000 after purchasing an additional 4,343,701 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Atmos Energy by 3.3% in the first quarter. Vanguard Group Inc. now owns 16,962,224 shares of the utilities provider’s stock worth $2,026,815,000 after purchasing an additional 547,260 shares during the period. Invesco Ltd. increased its stake in Atmos Energy by 24.0% during the first quarter. Invesco Ltd. now owns 2,756,708 shares of the utilities provider’s stock valued at $329,399,000 after acquiring an additional 533,372 shares during the period. State Street Corp increased its stake in Atmos Energy by 5.1% during the first quarter. State Street Corp now owns 10,772,352 shares of the utilities provider’s stock valued at $1,287,188,000 after acquiring an additional 527,261 shares during the period. Finally, Schroder Investment Management Group increased its stake in Atmos Energy by 5,376.1% during the second quarter. Schroder Investment Management Group now owns 506,810 shares of the utilities provider’s stock valued at $58,962,000 after acquiring an additional 497,555 shares during the period. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Insider Buying and Selling at Atmos Energy

In other Atmos Energy news, VP Richard M. Thomas sold 1,750 shares of the stock in a transaction on Friday, November 17th. The stock was sold at an average price of $114.20, for a total value of $199,850.00. Following the transaction, the vice president now directly owns 2,650 shares in the company, valued at approximately $302,630. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.50% of the company’s stock.

Atmos Energy Stock Up 0.2 %

NYSE ATO opened at $113.11 on Monday. The firm has a market cap of $17.06 billion, a PE ratio of 17.95, a price-to-earnings-growth ratio of 2.37 and a beta of 0.67. Atmos Energy Co. has a one year low of $101.00 and a one year high of $125.28. The stock’s 50 day simple moving average is $114.69 and its 200 day simple moving average is $113.59. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.44 and a quick ratio of 1.25.

Atmos Energy (NYSE:ATOGet Free Report) last released its quarterly earnings results on Wednesday, February 7th. The utilities provider reported $2.08 EPS for the quarter, missing analysts’ consensus estimates of $2.09 by ($0.01). The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.71 billion. Atmos Energy had a return on equity of 8.62% and a net margin of 23.43%. During the same quarter last year, the company earned $1.91 earnings per share. As a group, sell-side analysts forecast that Atmos Energy Co. will post 6.57 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 11th. Shareholders of record on Monday, February 26th will be given a $0.805 dividend. The ex-dividend date of this dividend is Friday, February 23rd. This represents a $3.22 dividend on an annualized basis and a yield of 2.85%. Atmos Energy’s payout ratio is 51.11%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ATO shares. StockNews.com lowered Atmos Energy from a “hold” rating to a “sell” rating in a research note on Friday, November 17th. Morgan Stanley lowered their price objective on Atmos Energy from $115.00 to $110.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 21st. Barclays lowered their price objective on Atmos Energy from $116.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Monday, January 22nd. Finally, Mizuho upped their price objective on Atmos Energy from $131.00 to $133.00 and gave the company a “buy” rating in a research note on Thursday, December 14th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $123.50.

View Our Latest Analysis on Atmos Energy

About Atmos Energy

(Free Report)

Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states.

Recommended Stories

Want to see what other hedge funds are holding ATO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atmos Energy Co. (NYSE:ATOFree Report).

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

Receive News & Ratings for Atmos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atmos Energy and related companies with MarketBeat.com's FREE daily email newsletter.