Castleton Investment Management LLC cut its stake in Atmos Energy Corporation (NYSE:ATO) by 68.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,512 shares of the utilities provider’s stock after selling 32,000 shares during the period. Castleton Investment Management LLC’s holdings in Atmos Energy Corporation were worth $1,203,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Strs Ohio increased its holdings in Atmos Energy Corporation by 14.5% during the 1st quarter. Strs Ohio now owns 1,502 shares of the utilities provider’s stock worth $118,000 after purchasing an additional 190 shares in the last quarter. UBS Asset Management Americas Inc. lifted its holdings in shares of Atmos Energy Corporation by 20.6% in the first quarter. UBS Asset Management Americas Inc. now owns 311,197 shares of the utilities provider’s stock valued at $24,581,000 after purchasing an additional 53,069 shares in the last quarter. TD Asset Management Inc. lifted its holdings in shares of Atmos Energy Corporation by 64.5% in the first quarter. TD Asset Management Inc. now owns 11,123 shares of the utilities provider’s stock valued at $879,000 after purchasing an additional 4,360 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of Atmos Energy Corporation by 5.1% in the first quarter. Nordea Investment Management AB now owns 2,256 shares of the utilities provider’s stock valued at $178,000 after purchasing an additional 109 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Atmos Energy Corporation by 0.5% in the first quarter. JPMorgan Chase & Co. now owns 308,752 shares of the utilities provider’s stock valued at $24,389,000 after purchasing an additional 1,602 shares in the last quarter. 71.05% of the stock is owned by hedge funds and other institutional investors.

In other news, Director Richard A. Sampson bought 1,500 shares of Atmos Energy Corporation stock in a transaction dated Tuesday, August 15th. The stock was purchased at an average price 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 approximately $264,360. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.57% of the stock is owned by insiders.

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A number of equities research analysts recently issued reports on the company. BidaskClub lowered Atmos Energy Corporation from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 24th. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $77.00 price objective (up from $67.00) on shares of Atmos Energy Corporation in a report on Friday, September 1st. Zacks Investment Research raised shares of Atmos Energy Corporation from a “hold” rating to a “buy” rating and set a $94.00 price objective on the stock in a research report on Tuesday, June 27th. Argus increased their target price on shares of Atmos Energy Corporation from $89.00 to $92.00 and gave the stock a “buy” rating in a report on Tuesday, June 13th. Finally, Barclays PLC set a $84.00 target price on shares of Atmos Energy Corporation and gave the company a “sell” rating in a research report on Sunday, August 6th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $86.14.

Shares of Atmos Energy Corporation (NYSE:ATO) traded down 0.24% during mid-day trading on Wednesday, reaching $84.21. 64,484 shares of the company’s stock were exchanged. Atmos Energy Corporation has a 52-week low of $68.51 and a 52-week high of $89.00. The company’s 50-day moving average price is $86.70 and its 200 day moving average price is $83.83. The company has a market cap of $8.93 billion, a PE ratio of 22.55 and a beta of 0.38.

Atmos Energy Corporation (NYSE:ATO) last posted its earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.01. The company had revenue of $526.50 million during the quarter, compared to the consensus estimate of $596.52 million. During the same quarter in the prior year, the business earned $0.64 EPS. On average, equities research analysts predict that Atmos Energy Corporation will post $3.62 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 5th. Shareholders of record on Monday, August 21st were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date was Thursday, August 17th. Atmos Energy Corporation’s dividend payout ratio is 48.13%.

About Atmos Energy Corporation

Atmos Energy Corporation is a fully-regulated, natural-gas-only distributor engaged primarily in the regulated natural gas distribution and pipeline businesses, as well as other nonregulated natural gas businesses. It operates through three segments: regulated distribution segment, which includes its regulated distribution and related sales operations; regulated pipeline segment, which includes 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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