Gulf International Bank UK Ltd lifted its holdings in shares of Atmos Energy Co. (NYSE:ATO) by 4.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,683 shares of the utilities provider’s stock after acquiring an additional 1,300 shares during the period. Gulf International Bank UK Ltd’s holdings in Atmos Energy were worth $2,849,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of ATO. BlackRock Inc. increased its holdings in shares of Atmos Energy by 20.0% in the fourth quarter. BlackRock Inc. now owns 13,525,109 shares of the utilities provider’s stock valued at $1,254,048,000 after purchasing an additional 2,251,627 shares during the period. Vanguard Group Inc boosted its stake in shares of Atmos Energy by 1.4% in the third quarter. Vanguard Group Inc now owns 11,741,047 shares of the utilities provider’s stock valued at $1,102,603,000 after buying an additional 159,027 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Atmos Energy by 9,596.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,233,224 shares of the utilities provider’s stock valued at $46,000 after buying an additional 4,189,568 shares in the last quarter. FMR LLC boosted its stake in shares of Atmos Energy by 68.7% in the fourth quarter. FMR LLC now owns 3,369,172 shares of the utilities provider’s stock valued at $312,389,000 after buying an additional 1,371,891 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Atmos Energy by 13.1% in the fourth quarter. American Century Companies Inc. now owns 3,186,854 shares of the utilities provider’s stock valued at $295,485,000 after buying an additional 368,209 shares in the last quarter. 79.40% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms recently weighed in on ATO. Zacks Investment Research upgraded Atmos Energy from a “hold” rating to a “buy” rating and set a $113.00 price target on the stock in a research note on Tuesday, April 9th. Argus restated a “buy” rating and issued a $101.00 price target on shares of Atmos Energy in a research note on Monday, December 31st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. Atmos Energy has a consensus rating of “Hold” and an average price target of $102.00.

ATO opened at $99.18 on Monday. The company has a current ratio of 0.63, a quick ratio of 0.53 and a debt-to-equity ratio of 0.58. The firm has a market cap of $11.59 billion, a price-to-earnings ratio of 24.80, a PEG ratio of 3.55 and a beta of 0.27. Atmos Energy Co. has a one year low of $83.55 and a one year high of $104.07.

Atmos Energy (NYSE:ATO) last posted its earnings results on Tuesday, February 5th. The utilities provider reported $1.38 EPS for the quarter, topping the Zacks’ consensus estimate of $1.33 by $0.05. The company had revenue of $877.78 million for the quarter, compared to the consensus estimate of $969.71 million. Atmos Energy had a return on equity of 9.17% and a net margin of 14.39%. Atmos Energy’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.40 earnings per share. On average, equities analysts anticipate that Atmos Energy Co. will post 4.3 earnings per share for the current year.

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About Atmos Energy

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 Distribution, and Pipeline and Storage segments. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states.

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

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