Shares of Atmos Energy Corp. (NYSE:ATO) were down 1.3% on Monday . The company traded as low as $76.23 and last traded at $76.23, with a volume of 187,217 shares traded. The stock had previously closed at $77.26.

A number of analysts have recently weighed in on ATO shares. Zacks Investment Research lowered Atmos Energy Corp. from a “buy” rating to a “hold” rating in a research note on Monday, May 16th. Argus restated a “hold” rating on shares of Atmos Energy Corp. in a research note on Tuesday, May 10th. Citigroup Inc. raised their target price on Atmos Energy Corp. from $58.00 to $81.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 27th. Finally, JPMorgan Chase & Co. reduced their target price on Atmos Energy Corp. from $88.00 to $87.00 and set an “overweight” rating for the company in a research note on Friday, August 5th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. Atmos Energy Corp. has an average rating of “Hold” and a consensus target price of $77.14.

The company has a market capitalization of $7.87 billion and a price-to-earnings ratio of 23.01. The firm’s 50-day moving average price is $79.25 and its 200-day moving average price is $74.29.

Atmos Energy Corp. (NYSE:ATO) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.11. During the same period in the previous year, the business posted $0.54 EPS. Equities research analysts expect that Atmos Energy Corp. will post $3.32 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 6th. Investors of record on Monday, August 22nd will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Thursday, August 18th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.22%.

In related news, SVP Louis P. Gregory sold 4,000 shares of the business’s stock in a transaction on Monday, August 8th. The shares were sold at an average price of $78.10, for a total transaction of $312,400.00. Following the completion of the transaction, the senior vice president now owns 82,182 shares in the company, valued at $6,418,414.20. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Several institutional investors have recently modified their holdings of the company. US Bancorp DE increased its position in shares of Atmos Energy Corp. by 1.4% in the fourth quarter. US Bancorp DE now owns 18,517 shares of the company’s stock worth $1,167,000 after buying an additional 257 shares during the last quarter. Calvert Investment Management Inc. increased its position in shares of Atmos Energy Corp. by 57.6% in the fourth quarter. Calvert Investment Management Inc. now owns 20,039 shares of the company’s stock worth $1,263,000 after buying an additional 7,322 shares during the last quarter. Trexquant Investment LP purchased a new position in shares of Atmos Energy Corp. during the fourth quarter worth approximately $1,614,000. Bank of Montreal Can increased its position in shares of Atmos Energy Corp. by 2.3% in the fourth quarter. Bank of Montreal Can now owns 42,386 shares of the company’s stock worth $2,671,000 after buying an additional 959 shares during the last quarter. Finally, Eaton Vance Management purchased a new position in shares of Atmos Energy Corp. during the fourth quarter worth approximately $3,055,000.

Atmos Energy Corporation (Atmos Energy) is engaged primarily in the regulated natural gas distribution and transmission and storage businesses as well as other nonregulated natural gas businesses. The Company delivers natural gas through regulated sales and transportation arrangements to over three million residential, commercial, public authority and industrial customers in nine states located primarily in the South.

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