Hennessy Advisors Inc. cut its holdings in Atmos Energy Corporation (NYSE:ATO) by 4.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 820,586 shares of the utilities provider’s stock after selling 35,500 shares during the period. Atmos Energy Corporation comprises approximately 2.1% of Hennessy Advisors Inc.’s portfolio, making the stock its 6th biggest holding. Hennessy Advisors Inc. owned about 0.77% of Atmos Energy Corporation worth $68,798,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Proficio Capital Partners LLC grew its holdings in shares of Atmos Energy Corporation by 38.1% in the second quarter. Proficio Capital Partners LLC now owns 1,138 shares of the utilities provider’s stock valued at $101,000 after acquiring an additional 314 shares in the last quarter. Carroll Financial Associates Inc. grew its holdings in shares of Atmos Energy Corporation by 0.3% in the second quarter. Carroll Financial Associates Inc. now owns 1,282 shares of the utilities provider’s stock valued at $106,000 after acquiring an additional 4 shares in the last quarter. Toronto Dominion Bank grew its holdings in shares of Atmos Energy Corporation by 13.6% in the second quarter. Toronto Dominion Bank now owns 1,293 shares of the utilities provider’s stock valued at $107,000 after acquiring an additional 155 shares in the last quarter. Huntington National Bank grew its holdings in shares of Atmos Energy Corporation by 50.0% in the second quarter. Huntington National Bank now owns 1,500 shares of the utilities provider’s stock valued at $124,000 after acquiring an additional 500 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. bought a new position in shares of Atmos Energy Corporation in the first quarter valued at approximately $134,000. 70.69% of the stock is owned by institutional investors.

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Shares of Atmos Energy Corporation (ATO) traded up $0.15 during midday trading on Thursday, reaching $89.39. The company’s stock had a trading volume of 247,721 shares, compared to its average volume of 319,585. Atmos Energy Corporation has a 1-year low of $68.51 and a 1-year high of $89.00. The company has a market capitalization of $9,394.23, a price-to-earnings ratio of 24.13, a price-to-earnings-growth ratio of 3.57 and a beta of 0.38. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.79.

Atmos Energy Corporation (NYSE:ATO) last announced its quarterly earnings data on Wednesday, November 8th. The utilities provider reported $0.34 earnings per share for the quarter, meeting the consensus estimate of $0.34. During the same period in the prior year, the business earned $0.40 EPS. equities research analysts anticipate that Atmos Energy Corporation will post 3.6 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Monday, November 27th will be issued a dividend of $0.485 per share. This represents a $1.94 annualized dividend and a yield of 2.17%. This is a positive change from Atmos Energy Corporation’s previous quarterly dividend of $0.45. Atmos Energy Corporation’s dividend payout ratio is 48.13%.

Several equities analysts have recently issued reports on the company. BidaskClub lowered Atmos Energy Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Barclays PLC set a $84.00 target price on Atmos Energy Corporation and gave the company a “sell” rating in a report on Sunday, August 6th. Zacks Investment Research lowered Atmos Energy Corporation from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Argus increased their price objective on Atmos Energy Corporation from $92.00 to $97.00 and gave the company a “buy” rating in a report on Wednesday, August 23rd. Finally, J P Morgan Chase & Co increased their price objective on Atmos Energy Corporation from $91.00 to $94.00 and gave the company an “overweight” rating in a report on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $85.67.

In other news, Director Richard A. Sampson acquired 1,500 shares of Atmos Energy Corporation stock in a transaction on Tuesday, August 15th. The stock was acquired at an average cost of $88.12 per share, with a total value of $132,180.00. Following the completion of the acquisition, the director now owns 3,000 shares in the company, valued at $264,360. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.57% of the stock is currently owned by corporate insiders.

Atmos Energy Corporation Company Profile

Atmos Energy Corporation is a fully-regulated, natural-gas-only distributor engaged primarily in the regulated natural gas distribution and pipeline businesses, as well as other nonregulated natural gas businesses. It operates through three segments: regulated distribution segment, which includes its regulated distribution and related sales operations; regulated pipeline segment, which includes pipeline and storage operations of its Atmos Pipeline-Texas Division, and nonregulated segment, which includes its nonregulated natural gas management, nonregulated natural gas transmission, storage and other services.

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

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