Amalgamated Bank Sells 1,066 Shares of Atmos Energy Co. (NYSE:ATO)

Amalgamated Bank lowered its holdings in Atmos Energy Co. (NYSE:ATO) by 2.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 38,291 shares of the utilities provider’s stock after selling 1,066 shares during the quarter. Amalgamated Bank’s holdings in Atmos Energy were worth $4,438,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in ATO. Portside Wealth Group LLC boosted its position in Atmos Energy by 3.8% during the 4th quarter. Portside Wealth Group LLC now owns 2,462 shares of the utilities provider’s stock valued at $285,000 after acquiring an additional 91 shares in the last quarter. Syntax Advisors LLC lifted its position in Atmos Energy by 3.6% during the third quarter. Syntax Advisors LLC now owns 2,876 shares of the utilities provider’s stock valued at $305,000 after buying an additional 101 shares during the period. D.A. Davidson & CO. grew its position in shares of Atmos Energy by 1.0% in the 3rd quarter. D.A. Davidson & CO. now owns 10,338 shares of the utilities provider’s stock worth $1,095,000 after buying an additional 103 shares during the period. Signaturefd LLC increased its stake in shares of Atmos Energy by 9.2% in the 3rd quarter. Signaturefd LLC now owns 1,258 shares of the utilities provider’s stock worth $133,000 after acquiring an additional 106 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its stake in Atmos Energy by 57.5% during the fourth quarter. Global Retirement Partners LLC now owns 293 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 107 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors.

Insider Transactions at Atmos Energy

In other Atmos Energy news, Director Kim R. Cocklin sold 15,000 shares of the stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of $116.46, for a total value of $1,746,900.00. Following the transaction, the director now directly owns 186,339 shares in the company, valued at $21,701,039.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. UBS Group began coverage on Atmos Energy in a research report on Friday, April 12th. They issued a “neutral” rating and a $124.00 price target on the stock. StockNews.com downgraded Atmos Energy from a “hold” rating to a “sell” rating in a report on Saturday, April 27th. Finally, Barclays upped their price target on shares of Atmos Energy from $115.00 to $121.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 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. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $124.33.

Atmos Energy Stock Up 0.7 %

Shares of Atmos Energy stock opened at $120.34 on Wednesday. The company has a quick ratio of 1.25, a current ratio of 1.44 and a debt-to-equity ratio of 0.67. Atmos Energy Co. has a twelve month low of $101.00 and a twelve month high of $125.28. The company has a market cap of $18.15 billion, a price-to-earnings ratio of 19.10, a price-to-earnings-growth ratio of 2.58 and a beta of 0.66. The company’s 50 day moving average is $116.35 and its 200 day moving average is $114.40.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Wednesday, February 7th. The utilities provider reported $2.08 EPS for the quarter, missing the consensus estimate of $2.09 by ($0.01). The firm had revenue of $1.16 billion during 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 period in the previous year, the firm earned $1.91 EPS. Research analysts anticipate that Atmos Energy Co. will post 6.6 EPS for the current year.

Atmos Energy Profile

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.