Atmos Energy Co. (NYSE:ATO) Stock Holdings Increased by VisionPoint Advisory Group LLC

VisionPoint Advisory Group LLC raised its position in shares of Atmos Energy Co. (NYSE:ATOFree Report) by 107.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 294 shares of the utilities provider’s stock after purchasing an additional 152 shares during the period. VisionPoint Advisory Group LLC’s holdings in Atmos Energy were worth $31,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Syntax Advisors LLC increased its position in Atmos Energy by 3.6% during the third quarter. Syntax Advisors LLC now owns 2,876 shares of the utilities provider’s stock worth $305,000 after acquiring an additional 101 shares during the period. D.A. Davidson & CO. increased its position in shares of Atmos Energy by 1.0% during the third quarter. D.A. Davidson & CO. now owns 10,338 shares of the utilities provider’s stock valued at $1,095,000 after purchasing an additional 103 shares during the period. Thrivent Financial for Lutherans increased its position in shares of Atmos Energy by 1.7% during the third quarter. Thrivent Financial for Lutherans now owns 6,224 shares of the utilities provider’s stock valued at $634,000 after purchasing an additional 103 shares during the period. Segall Bryant & Hamill LLC increased its position in shares of Atmos Energy by 0.9% during the first quarter. Segall Bryant & Hamill LLC now owns 11,354 shares of the utilities provider’s stock valued at $1,275,000 after purchasing an additional 104 shares during the period. Finally, Signaturefd LLC increased its position in shares of Atmos Energy by 9.2% during the third quarter. Signaturefd LLC now owns 1,258 shares of the utilities provider’s stock valued at $133,000 after purchasing an additional 106 shares during the period. 90.98% of the stock is owned by hedge funds and other institutional investors.

Atmos Energy Stock Performance

ATO stock opened at $114.90 on Friday. The business’s 50-day moving average price is $114.19 and its two-hundred day moving average price is $113.00. The company has a current ratio of 1.44, a quick ratio of 1.25 and a debt-to-equity ratio of 0.67. The firm has a market cap of $17.33 billion, a PE ratio of 18.24, a P/E/G ratio of 2.43 and a beta of 0.66. Atmos Energy Co. has a 1-year low of $101.00 and a 1-year high of $125.28.

Atmos Energy (NYSE:ATOGet Free Report) last posted its quarterly earnings data on Wednesday, February 7th. The utilities provider reported $2.08 EPS for the quarter, missing the consensus estimate of $2.09 by ($0.01). The company had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.71 billion. Atmos Energy had a net margin of 23.43% and a return on equity of 8.62%. During the same period in the prior year, the firm posted $1.91 earnings per share. As a group, research analysts forecast that Atmos Energy Co. will post 6.59 earnings per share for the current year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Monday, February 26th were given a $0.805 dividend. This represents a $3.22 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date was Friday, February 23rd. Atmos Energy’s dividend payout ratio is presently 51.11%.

Wall Street Analysts Forecast Growth

ATO has been the topic of several analyst reports. StockNews.com lowered Atmos Energy from a “hold” rating to a “sell” rating in a research note on Friday, November 17th. Morgan Stanley decreased their price objective on shares of Atmos Energy from $115.00 to $110.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 21st. Barclays decreased their price objective on shares of Atmos Energy from $116.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Monday, January 22nd. Finally, Mizuho upped their price objective on shares of Atmos Energy from $131.00 to $133.00 and gave the stock a “buy” rating in a research note on Thursday, December 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $123.20.

Get Our Latest Research Report on Atmos Energy

About Atmos Energy

(Free Report)

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

See Also

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

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