Eisler Capital UK Ltd. Makes New Investment in Atmos Energy Co. (NYSE:ATO)

Eisler Capital UK Ltd. purchased a new stake in Atmos Energy Co. (NYSE:ATOFree Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,056 shares of the utilities provider’s stock, valued at approximately $470,000.

Other hedge funds have also modified their holdings of the company. Portside Wealth Group LLC boosted its stake in Atmos Energy by 3.8% during the fourth quarter. Portside Wealth Group LLC now owns 2,462 shares of the utilities provider’s stock worth $285,000 after buying an additional 91 shares during the period. Syntax Advisors LLC increased its holdings in Atmos Energy by 3.6% in the 3rd quarter. Syntax Advisors LLC now owns 2,876 shares of the utilities provider’s stock valued at $305,000 after purchasing an additional 101 shares during the last quarter. D.A. Davidson & CO. raised its position in Atmos Energy by 1.0% in 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. Global Retirement Partners LLC lifted its stake in Atmos Energy by 57.5% during the fourth quarter. Global Retirement Partners LLC now owns 293 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 107 shares in the last quarter. Finally, Bfsg LLC boosted its position in shares of Atmos Energy by 1.0% during the fourth quarter. Bfsg LLC now owns 11,220 shares of the utilities provider’s stock worth $1,300,000 after buying an additional 110 shares during the period. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Atmos Energy Stock Down 0.7 %

Shares of Atmos Energy stock opened at $115.03 on Thursday. Atmos Energy Co. has a 52-week low of $101.00 and a 52-week high of $125.28. The company has a 50 day moving average of $116.62 and a 200 day moving average of $115.23. The company has a quick ratio of 1.22, a current ratio of 1.36 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $17.36 billion, a P/E ratio of 17.25, a P/E/G ratio of 2.45 and a beta of 0.67.

Atmos Energy (NYSE:ATOGet Free Report) last released its quarterly earnings data on Wednesday, May 8th. The utilities provider reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.62 by $0.23. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Atmos Energy had a net margin of 24.65% and a return on equity of 9.01%. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.48 EPS. As a group, research analysts forecast that Atmos Energy Co. will post 6.75 EPS for the current fiscal year.

Atmos Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Tuesday, May 28th will be given a dividend of $0.805 per share. This represents a $3.22 annualized dividend and a dividend yield of 2.80%. The ex-dividend date of this dividend is Friday, May 24th. Atmos Energy’s dividend payout ratio (DPR) is presently 48.28%.

Analysts Set New Price Targets

ATO has been the topic of several research analyst reports. Morgan Stanley boosted their price objective on Atmos Energy from $120.00 to $122.00 and gave the company an “overweight” rating in a report on Tuesday, May 28th. Mizuho raised their price objective on shares of Atmos Energy from $133.00 to $138.00 and gave the company a “buy” rating in a research note on Monday, May 13th. StockNews.com upgraded shares of Atmos Energy from a “sell” rating to a “hold” rating in a report on Friday, May 10th. Barclays increased their target price on shares of Atmos Energy from $121.00 to $129.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 14th. Finally, UBS Group initiated coverage on shares of Atmos Energy in a research note on Friday, April 12th. They issued a “neutral” rating and a $124.00 price target for the company. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Atmos Energy has an average rating of “Moderate Buy” and a consensus price target of $129.17.

Get Our Latest Stock Report on Atmos Energy

Insider Transactions at Atmos Energy

In other news, Director Kim R. Cocklin sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of $116.46, for a total transaction of $1,746,900.00. Following the completion of the sale, the director now owns 186,339 shares in the company, valued at approximately $21,701,039.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Diana J. Walters sold 400 shares of the company’s stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of $118.00, for a total value of $47,200.00. Following the completion of the sale, the director now directly owns 3,551 shares of the company’s stock, valued at approximately $419,018. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Kim R. Cocklin sold 15,000 shares of Atmos Energy stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of $116.46, for a total value of $1,746,900.00. Following the transaction, the director now directly owns 186,339 shares in the company, valued at approximately $21,701,039.94. The disclosure for this sale can be found here. Corporate insiders own 0.50% of the company’s stock.

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

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

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