Arizona State Retirement System raised its position in shares of Atmos Energy Corporation (NYSE:ATO) by 1.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,400 shares of the utilities provider’s stock after buying an additional 600 shares during the period. Arizona State Retirement System’s holdings in Atmos Energy Corporation were worth $3,683,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of Atmos Energy Corporation by 7.6% in the first quarter. Vanguard Group Inc. now owns 10,124,106 shares of the utilities provider’s stock worth $799,703,000 after buying an additional 712,731 shares during the last quarter. BlackRock Inc. increased its position in shares of Atmos Energy Corporation by 2,710.9% in the first quarter. BlackRock Inc. now owns 9,380,848 shares of the utilities provider’s stock worth $740,992,000 after buying an additional 9,047,115 shares during the last quarter. State Street Corp increased its position in shares of Atmos Energy Corporation by 2.6% in the first quarter. State Street Corp now owns 6,764,362 shares of the utilities provider’s stock worth $534,320,000 after buying an additional 168,800 shares during the last quarter. American Century Companies Inc. increased its position in shares of Atmos Energy Corporation by 18.4% in the first quarter. American Century Companies Inc. now owns 2,738,696 shares of the utilities provider’s stock worth $216,330,000 after buying an additional 425,986 shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in shares of Atmos Energy Corporation by 2.5% in the first quarter. Victory Capital Management Inc. now owns 1,624,538 shares of the utilities provider’s stock worth $128,322,000 after buying an additional 39,468 shares during the last quarter. 71.04% of the stock is currently owned by hedge funds and other institutional investors.

Atmos Energy Corporation (NYSE ATO) opened at 87.78 on Wednesday. The stock’s 50 day moving average price is $85.38 and its 200-day moving average price is $81.44. Atmos Energy Corporation has a one year low of $68.51 and a one year high of $88.69. The company has a market capitalization of $9.31 billion, a P/E ratio of 23.51 and a beta of 0.39.

Atmos Energy Corporation (NYSE:ATO) last announced its earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.01. The business had revenue of $526.50 million for the quarter, compared to analysts’ expectations of $596.52 million. During the same quarter last year, the firm earned $0.64 earnings per share. Equities analysts forecast that Atmos Energy Corporation will post $3.61 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 5th. Investors of record on Monday, August 21st will be paid a dividend of $0.45 per share. The ex-dividend date is Thursday, August 17th. This represents a $1.80 annualized dividend and a yield of 2.05%. Atmos Energy Corporation’s dividend payout ratio (DPR) is 48.13%.

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ATO has been the topic of a number of research analyst reports. Barclays PLC set a $84.00 price target on Atmos Energy Corporation and gave the company a “sell” rating in a report on Sunday, August 6th. BidaskClub downgraded Atmos Energy Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 30th. Zacks Investment Research downgraded Atmos Energy Corporation from a “buy” rating to a “hold” rating in a report on Friday, August 4th. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $89.00 price target (up from $88.00) on shares of Atmos Energy Corporation in a report on Thursday, June 1st. Finally, Argus upped their price target on Atmos Energy Corporation from $89.00 to $92.00 and gave the company a “buy” rating in a report on Tuesday, June 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $86.83.

In other Atmos Energy Corporation news, Director Richard A. Sampson bought 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The shares were purchased at an average cost of $88.12 per share, for a total transaction of $132,180.00. Following the purchase, the director now directly owns 3,000 shares in the company, valued at $264,360. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.57% of the stock is owned by insiders.

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

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