Atmos Energy Co. (NYSE:ATO) Stock Holdings Decreased by Jamison Private Wealth Management Inc.

Jamison Private Wealth Management Inc. trimmed its position in Atmos Energy Co. (NYSE:ATO) by 39.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,775 shares of the utilities provider’s stock after selling 8,449 shares during the period. Jamison Private Wealth Management Inc.’s holdings in Atmos Energy were worth $1,779,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dunhill Financial LLC grew its position in shares of Atmos Energy by 1,542.9% in the 3rd quarter. Dunhill Financial LLC now owns 230 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 216 shares in the last quarter. ST Germain D J Co. Inc. lifted its stake in Atmos Energy by 50.0% during the fourth quarter. ST Germain D J Co. Inc. now owns 300 shares of the utilities provider’s stock worth $42,000 after purchasing an additional 100 shares during the last quarter. PFS Partners LLC acquired a new position in Atmos Energy in the third quarter worth $69,000. GAMMA Investing LLC raised its holdings in shares of Atmos Energy by 17.9% during the third quarter. GAMMA Investing LLC now owns 917 shares of the utilities provider’s stock worth $127,000 after purchasing an additional 139 shares during the period. Finally, Allworth Financial LP lifted its position in shares of Atmos Energy by 50.8% in the 3rd quarter. Allworth Financial LP now owns 992 shares of the utilities provider’s stock worth $138,000 after buying an additional 334 shares during the last quarter. 90.17% of the stock is owned by institutional investors.

Atmos Energy Stock Down 0.0 %

ATO stock opened at $139.55 on Friday. The firm’s 50-day moving average is $142.47 and its two-hundred day moving average is $136.96. The company has a market capitalization of $21.69 billion, a price-to-earnings ratio of 20.31, a price-to-earnings-growth ratio of 2.82 and a beta of 0.71. Atmos Energy Co. has a 52 week low of $110.46 and a 52 week high of $152.65. The company has a current ratio of 0.94, a quick ratio of 0.80 and a debt-to-equity ratio of 0.65.

Atmos Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Monday, November 25th were given a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 2.49%. This is an increase from Atmos Energy’s previous quarterly dividend of $0.81. The ex-dividend date was Monday, November 25th. Atmos Energy’s dividend payout ratio is 50.66%.

Insider Buying and Selling at Atmos Energy

In other Atmos Energy news, Director Edward Geiser purchased 2,500 shares of the business’s stock in a transaction on Monday, November 11th. The stock was bought at an average cost of $144.89 per share, with a total value of $362,225.00. Following the acquisition, the director now owns 2,602 shares of the company’s stock, valued at $377,003.78. The trade was a 2,450.98 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.48% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ATO shares. Bank of America began coverage on shares of Atmos Energy in a research note on Friday, December 13th. They set a “buy” rating and a $156.00 price objective on the stock. LADENBURG THALM/SH SH raised their price target on Atmos Energy from $144.00 to $150.50 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Jefferies Financial Group began coverage on Atmos Energy in a research note on Wednesday, October 2nd. They set a “hold” rating and a $155.00 price objective for the company. Barclays raised their target price on Atmos Energy from $129.00 to $144.00 and gave the company an “equal weight” rating in a research note on Monday, October 7th. Finally, Morgan Stanley dropped their price objective on shares of Atmos Energy from $145.00 to $143.00 and set an “overweight” rating on the stock in a report on Friday, November 22nd. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $148.75.

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.