1,540 Shares in Atmos Energy Co. (NYSE:ATO) Acquired by One Wealth Capital Management LLC

One Wealth Capital Management LLC purchased a new stake in Atmos Energy Co. (NYSE:ATO) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,540 shares of the utilities provider’s stock, valued at approximately $214,000.

Other institutional investors have also modified their holdings of the company. CWA Asset Management Group LLC raised its holdings in shares of Atmos Energy by 3.5% in the 4th quarter. CWA Asset Management Group LLC now owns 2,217 shares of the utilities provider’s stock valued at $309,000 after purchasing an additional 75 shares in the last quarter. OneDigital Investment Advisors LLC increased its holdings in Atmos Energy by 3.7% in the third quarter. OneDigital Investment Advisors LLC now owns 2,307 shares of the utilities provider’s stock valued at $320,000 after buying an additional 82 shares during the last quarter. Global Retirement Partners LLC raised its stake in Atmos Energy by 1.4% in the third quarter. Global Retirement Partners LLC now owns 5,973 shares of the utilities provider’s stock valued at $829,000 after buying an additional 85 shares in the last quarter. Wedbush Securities Inc. lifted its holdings in Atmos Energy by 3.9% during the 2nd quarter. Wedbush Securities Inc. now owns 2,328 shares of the utilities provider’s stock worth $272,000 after buying an additional 88 shares during the last quarter. Finally, EP Wealth Advisors LLC boosted its position in shares of Atmos Energy by 5.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 1,880 shares of the utilities provider’s stock worth $219,000 after acquiring an additional 97 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Wall Street Analyst Weigh In

ATO has been the topic of several research analyst reports. StockNews.com raised Atmos Energy from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. LADENBURG THALM/SH SH boosted their price objective on shares of Atmos Energy from $144.00 to $150.50 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Jefferies Financial Group began coverage on shares of Atmos Energy in a report on Wednesday, October 2nd. They issued a “hold” rating and a $155.00 target price for the company. Barclays lifted their price target on shares of Atmos Energy from $129.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Monday, October 7th. Finally, Mizuho upped their price objective on shares of Atmos Energy from $148.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $148.75.

Atmos Energy Stock Performance

Shares of NYSE:ATO traded down $0.05 on Tuesday, reaching $136.46. The company’s stock had a trading volume of 301,702 shares, compared to its average volume of 639,302. Atmos Energy Co. has a 52-week low of $110.46 and a 52-week high of $152.65. The stock has a market capitalization of $21.21 billion, a P/E ratio of 19.86, a PEG ratio of 2.80 and a beta of 0.71. The stock’s 50-day moving average is $142.68 and its two-hundred day moving average is $134.63. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.94 and a quick ratio of 0.80.

Atmos Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Monday, November 25th were paid a dividend of $0.87 per share. The ex-dividend date was Monday, November 25th. This is an increase from Atmos Energy’s previous quarterly dividend of $0.81. This represents a $3.48 annualized dividend and a yield of 2.55%. Atmos Energy’s dividend payout ratio is currently 50.66%.

Insiders Place Their Bets

In related news, Director Edward Geiser purchased 2,500 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was acquired at an average price of $144.89 per share, for a total transaction of $362,225.00. Following the completion of the purchase, the director now directly owns 2,602 shares of the company’s stock, valued at $377,003.78. This trade represents a 2,450.98 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.48% of the stock is owned by insiders.

Atmos Energy Company 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.