Phocas Financial Corp. acquired a new position in shares of Atmos Energy Co. (NYSE:ATO) in the 4th quarter, Holdings Channel reports. The fund acquired 380 shares of the utilities provider’s stock, valued at approximately $35,000.

Several other large investors also recently bought and sold shares of the company. Clarus Wealth Advisors acquired a new position in Atmos Energy in the 4th quarter valued at about $37,000. JOYN Advisors Inc. boosted its holdings in Atmos Energy by 37.9% in the 4th quarter. JOYN Advisors Inc. now owns 451 shares of the utilities provider’s stock valued at $42,000 after purchasing an additional 124 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Atmos Energy by 9,596.8% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,233,224 shares of the utilities provider’s stock valued at $46,000 after purchasing an additional 4,189,568 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in Atmos Energy by 112.8% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,034 shares of the utilities provider’s stock valued at $96,000 after purchasing an additional 548 shares during the last quarter. Finally, Resources Investment Advisors Inc. boosted its holdings in Atmos Energy by 222.2% in the 4th quarter. Resources Investment Advisors Inc. now owns 1,276 shares of the utilities provider’s stock valued at $118,000 after purchasing an additional 880 shares during the last quarter. Institutional investors and hedge funds own 79.36% of the company’s stock.

Several equities analysts have weighed in on ATO shares. Zacks Investment Research upgraded shares of Atmos Energy from a “hold” rating to a “buy” rating and set a $101.00 target price on the stock in a report on Monday, December 31st. Citigroup boosted their price target on shares of Atmos Energy from $88.00 to $103.00 and gave the company a “neutral” rating in a research note on Thursday, November 29th. UBS Group downgraded shares of Atmos Energy from a “buy” rating to a “neutral” rating and set a $106.00 price target on the stock. in a research note on Thursday, December 13th. They noted that the move was a valuation call. Finally, Argus reissued 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, two have issued a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $99.33.

ATO traded up $0.40 during trading hours on Thursday, hitting $103.34. 500 shares of the company’s stock were exchanged, compared to its average volume of 876,395. Atmos Energy Co. has a 12-month low of $82.26 and a 12-month high of $104.07. The company has a market cap of $12.03 billion, a P/E ratio of 25.81, a PEG ratio of 3.72 and a beta of 0.26. The company has a quick ratio of 0.53, a current ratio of 0.63 and a debt-to-equity ratio of 0.58.

Atmos Energy (NYSE:ATO) last announced its earnings results on Tuesday, February 5th. The utilities provider reported $1.38 earnings per share 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 for the quarter, compared to the consensus estimate of $969.71 million. During the same period in the prior year, the firm earned $1.40 EPS. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. Research analysts forecast that Atmos Energy Co. will post 4.29 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Monday, February 25th were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 2.03%. The ex-dividend date was Friday, February 22nd. Atmos Energy’s payout ratio is currently 52.50%.

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Atmos Energy Company 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.

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

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