Eagle Global Advisors LLC maintained its position in Atmos Energy Co. (NYSE:ATO) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,800 shares of the utilities provider’s stock at the end of the first quarter. Eagle Global Advisors LLC’s holdings in Atmos Energy were worth $221,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Strs Ohio increased its stake in Atmos Energy by 14.5% in the first quarter. Strs Ohio now owns 1,502 shares of the utilities provider’s stock worth $118,000 after buying an additional 190 shares in the last quarter. Pacad Investment Ltd. purchased a new stake in Atmos Energy during the fourth quarter worth $148,000. Advisory Services Network LLC purchased a new stake in Atmos Energy during the first quarter worth $153,000. CIBC World Markets Inc. purchased a new stake in Atmos Energy during the first quarter worth $204,000. Finally, ETRADE Capital Management LLC increased its position in Atmos Energy by 0.8% in the third quarter. ETRADE Capital Management LLC now owns 2,759 shares of the utilities provider’s stock worth $205,000 after buying an additional 22 shares during the period. 69.86% of the stock is owned by institutional investors.
Atmos Energy Co. (NYSE:ATO) traded down 0.30% during mid-day trading on Monday, hitting $82.85. The stock had a trading volume of 369,674 shares. Atmos Energy Co. has a 52 week low of $68.51 and a 52 week high of $83.30. The company’s 50 day moving average price is $80.95 and its 200 day moving average price is $76.81. The firm has a market cap of $8.72 billion, a PE ratio of 22.04 and a beta of 0.29.
Atmos Energy (NYSE:ATO) last issued its quarterly earnings results on Wednesday, May 3rd. The utilities provider reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.10. During the same period in the previous year, the company earned $1.40 earnings per share. Analysts anticipate that Atmos Energy Co. will post $3.59 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 5th. Investors of record on Monday, May 22nd will be paid a $0.45 dividend. The ex-dividend date of this dividend is Thursday, May 18th. This represents a $1.80 annualized dividend and a yield of 2.17%. Atmos Energy’s dividend payout ratio (DPR) is currently 50.14%.
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A number of research analysts recently commented on ATO shares. Zacks Investment Research raised Atmos Energy from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a research note on Monday, February 13th. Barclays PLC set a $75.00 price target on Atmos Energy and gave the company a “sell” rating in a research note on Saturday, May 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $81.50.
Atmos Energy Company Profile
Atmos Energy Corporation is engaged primarily in the regulated natural gas distribution and pipeline businesses, as well as other nonregulated natural gas businesses. The Company operates through three segments: regulated distribution segment, which includes its regulated distribution and related sales operations; regulated pipeline segment, which includes the 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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