Cetera Trust Company N.A Has $42,000 Holdings in Atmos Energy Co. (NYSE:ATO)

Cetera Trust Company N.A lessened its position in shares of Atmos Energy Co. (NYSE:ATO) by 25.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 300 shares of the utilities provider’s stock after selling 100 shares during the quarter. Cetera Trust Company N.A’s holdings in Atmos Energy were worth $42,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Quadrature Capital Ltd bought a new stake in Atmos Energy during the 4th quarter valued at $349,000. Park Avenue Securities LLC boosted its holdings in shares of Atmos Energy by 3.7% in the 1st quarter. Park Avenue Securities LLC now owns 3,049 shares of the utilities provider’s stock worth $362,000 after buying an additional 110 shares during the last quarter. Mcdonald Partners LLC boosted its holdings in shares of Atmos Energy by 4.5% in the 1st quarter. Mcdonald Partners LLC now owns 2,894 shares of the utilities provider’s stock worth $344,000 after buying an additional 125 shares during the last quarter. GoalVest Advisory LLC purchased a new position in shares of Atmos Energy in the 1st quarter worth about $810,000. Finally, Janiczek Wealth Management LLC lifted its holdings in Atmos Energy by 467.0% during the first quarter. Janiczek Wealth Management LLC now owns 618 shares of the utilities provider’s stock valued at $73,000 after purchasing an additional 509 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Atmos Energy Stock Down 0.1 %

Shares of ATO stock traded down $0.17 during mid-day trading on Tuesday, hitting $142.04. The stock had a trading volume of 149,102 shares, compared to its average volume of 873,855. Atmos Energy Co. has a 12-month low of $105.44 and a 12-month high of $144.32. The firm has a market capitalization of $21.43 billion, a P/E ratio of 21.32, a price-to-earnings-growth ratio of 2.76 and a beta of 0.68. The firm’s 50-day moving average is $135.19 and its two-hundred day moving average is $124.47. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.73 and a quick ratio of 1.57.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings data on Wednesday, August 7th. The utilities provider reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.03. Atmos Energy had a return on equity of 8.94% and a net margin of 25.09%. The firm had revenue of $701.55 million during the quarter, compared to analysts’ expectations of $924.75 million. During the same quarter last year, the firm earned $0.94 EPS. On average, analysts predict that Atmos Energy Co. will post 6.79 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Monday, August 26th were given a dividend of $0.805 per share. This represents a $3.22 annualized dividend and a yield of 2.27%. The ex-dividend date was Monday, August 26th. Atmos Energy’s dividend payout ratio is currently 48.28%.

Analyst Ratings Changes

Several research analysts recently weighed in on ATO shares. LADENBURG THALM/SH SH upped their price objective on shares of Atmos Energy from $144.00 to $150.50 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Jefferies Financial Group began coverage on shares of Atmos Energy in a research report on Wednesday, October 2nd. They set a “hold” rating and a $155.00 price target on the stock. Morgan Stanley raised their target price on shares of Atmos Energy from $128.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, September 25th. StockNews.com cut shares of Atmos Energy from a “hold” rating to a “sell” rating in a report on Friday. Finally, Wells Fargo & Company raised their price objective on Atmos Energy from $145.00 to $156.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Atmos Energy currently has an average rating of “Hold” and an average price target of $143.94.

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.