Achmea Investment Management B.V. Purchases 1,463 Shares of Atmos Energy Co. (NYSE:ATO)

Achmea Investment Management B.V. grew its position in Atmos Energy Co. (NYSE:ATO) by 3.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,808 shares of the utilities provider’s stock after acquiring an additional 1,463 shares during the quarter. Achmea Investment Management B.V.’s holdings in Atmos Energy were worth $5,227,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Miller Howard Investments Inc. NY lifted its position in Atmos Energy by 0.3% in the second quarter. Miller Howard Investments Inc. NY now owns 30,179 shares of the utilities provider’s stock worth $3,520,000 after purchasing an additional 82 shares during the period. Wedbush Securities Inc. lifted its holdings in shares of Atmos Energy by 3.9% during the 2nd quarter. Wedbush Securities Inc. now owns 2,328 shares of the utilities provider’s stock worth $272,000 after acquiring an additional 88 shares during the period. TIAA Trust National Association boosted its position in shares of Atmos Energy by 2.9% during the 1st quarter. TIAA Trust National Association now owns 3,612 shares of the utilities provider’s stock valued at $429,000 after acquiring an additional 103 shares in the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. boosted its position in shares of Atmos Energy by 0.4% during the 1st quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 24,285 shares of the utilities provider’s stock valued at $2,887,000 after acquiring an additional 105 shares in the last quarter. Finally, Thomasville National Bank grew its stake in shares of Atmos Energy by 0.9% in the 1st quarter. Thomasville National Bank now owns 12,767 shares of the utilities provider’s stock valued at $1,518,000 after purchasing an additional 109 shares during the period. Institutional investors and hedge funds own 90.17% of the company’s stock.

Atmos Energy Stock Up 0.1 %

NYSE:ATO opened at $134.86 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.57 and a current ratio of 1.73. Atmos Energy Co. has a 52-week low of $101.00 and a 52-week high of $136.33. The company has a market cap of $20.35 billion, a price-to-earnings ratio of 20.22, a P/E/G ratio of 2.75 and a beta of 0.68. The stock’s fifty day moving average price is $126.79 and its two-hundred day moving average price is $119.89.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings data on Wednesday, August 7th. The utilities provider reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.03. Atmos Energy had a net margin of 25.09% and a return on equity of 8.94%. The business had revenue of $701.55 million for the quarter, compared to analyst estimates of $924.75 million. During the same period in the prior year, the business posted $0.94 earnings per share. On average, analysts anticipate that Atmos Energy Co. will post 6.79 EPS for the current year.

Atmos Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Monday, August 26th were paid a dividend of $0.805 per share. The ex-dividend date of this dividend was Monday, August 26th. This represents a $3.22 dividend on an annualized basis and a dividend yield of 2.39%. Atmos Energy’s dividend payout ratio (DPR) is presently 48.28%.

Analysts Set New Price Targets

ATO has been the topic of several recent analyst reports. Wells Fargo & Company boosted their target price on shares of Atmos Energy from $132.00 to $145.00 and gave the company an “overweight” rating in a research note on Friday, August 9th. LADENBURG THALM/SH SH began coverage on shares of Atmos Energy in a report on Monday. They set a “buy” rating and a $144.00 price objective for the company. Morgan Stanley reduced their target price on Atmos Energy from $122.00 to $119.00 and set an “overweight” rating on the stock in a report on Monday, June 24th. JPMorgan Chase & Co. raised their price target on Atmos Energy from $134.00 to $144.00 and gave the company an “overweight” rating in a report on Thursday, August 15th. Finally, StockNews.com raised Atmos Energy from a “sell” rating to a “hold” rating in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $134.71.

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 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.