Moody National Bank Trust Division lifted its holdings in shares of Atmos Energy Co. (NYSE:ATO) by 0.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,582 shares of the utilities provider’s stock after buying an additional 151 shares during the period. Moody National Bank Trust Division’s holdings in Atmos Energy were worth $2,016,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Bank of New York Mellon Corp grew its position in shares of Atmos Energy by 0.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,392,219 shares of the utilities provider’s stock valued at $130,743,000 after buying an additional 5,362 shares during the last quarter. First Hawaiian Bank grew its position in shares of Atmos Energy by 15.2% during the 4th quarter. First Hawaiian Bank now owns 5,607 shares of the utilities provider’s stock valued at $520,000 after buying an additional 740 shares during the last quarter. Strs Ohio grew its position in shares of Atmos Energy by 416.8% during the 4th quarter. Strs Ohio now owns 6,682 shares of the utilities provider’s stock valued at $619,000 after buying an additional 5,389 shares during the last quarter. Rockland Trust Co. bought a new stake in shares of Atmos Energy during the 1st quarter valued at about $200,000. Finally, Legal & General Group Plc grew its position in shares of Atmos Energy by 12.5% during the 4th quarter. Legal & General Group Plc now owns 797,271 shares of the utilities provider’s stock valued at $73,924,000 after buying an additional 88,573 shares during the last quarter. 79.36% of the stock is owned by institutional investors and hedge funds.

NYSE ATO traded up $0.18 on Thursday, hitting $100.61. The stock had a trading volume of 6,847 shares, compared to its average volume of 844,247. Atmos Energy Co. has a one year low of $82.53 and a one year high of $104.07. 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 stock has a market cap of $11.76 billion, a price-to-earnings ratio of 25.15, a price-to-earnings-growth ratio of 3.61 and a beta of 0.27.

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 consensus estimate of $1.33 by $0.05. Atmos Energy had a net margin of 14.39% and a return on equity of 9.17%. The firm had revenue of $877.78 million during the quarter, compared to analysts’ expectations of $969.71 million. During the same quarter in the prior year, the firm earned $1.40 EPS. Atmos Energy’s quarterly revenue was down 1.3% on a year-over-year basis. As a group, equities research analysts expect that Atmos Energy Co. will post 4.29 earnings per share for the current fiscal year.

A number of equities research analysts recently weighed in on ATO shares. Zacks Investment Research raised shares of Atmos Energy from a “hold” rating to a “buy” rating and set a $101.00 price objective for the company in a research report on Monday, December 31st. UBS Group cut shares of Atmos Energy from a “buy” rating to a “neutral” rating and set a $106.00 target price for the company. in a research report on Thursday, December 13th. They noted that the move was a valuation call. Finally, Argus restated a “buy” rating and issued a $101.00 target price on shares of Atmos Energy in a research report on Monday, December 31st. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the stock. Atmos Energy presently has a consensus rating of “Buy” and a consensus target price of $102.00.

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

See Also: Preferred Stock

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

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