Partners Group Holding AG Sells 52,103 Shares of Atmos Energy Co. (NYSE:ATO)

Partners Group Holding AG decreased its position in shares of Atmos Energy Co. (NYSE:ATO - Free Report) by 15.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 276,912 shares of the utilities provider's stock after selling 52,103 shares during the period. Atmos Energy comprises 1.4% of Partners Group Holding AG's portfolio, making the stock its 16th biggest position. Partners Group Holding AG owned about 0.17% of Atmos Energy worth $38,566,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. CWA Asset Management Group LLC raised its position in Atmos Energy by 3.5% in the 4th quarter. CWA Asset Management Group LLC now owns 2,217 shares of the utilities provider's stock valued at $309,000 after purchasing an additional 75 shares during the last quarter. Albert D Mason Inc. increased its stake in shares of Atmos Energy by 0.8% in the fourth quarter. Albert D Mason Inc. now owns 9,865 shares of the utilities provider's stock valued at $1,374,000 after buying an additional 77 shares in the last quarter. Trust Point Inc. increased its stake in shares of Atmos Energy by 3.2% in the fourth quarter. Trust Point Inc. now owns 2,567 shares of the utilities provider's stock valued at $358,000 after buying an additional 80 shares in the last quarter. Pinnacle Financial Partners Inc raised its holdings in shares of Atmos Energy by 3.0% in the fourth quarter. Pinnacle Financial Partners Inc now owns 2,921 shares of the utilities provider's stock valued at $407,000 after buying an additional 84 shares during the last quarter. Finally, Greenleaf Trust lifted its position in Atmos Energy by 3.5% during the 4th quarter. Greenleaf Trust now owns 2,524 shares of the utilities provider's stock worth $352,000 after buying an additional 86 shares in the last quarter. Institutional investors own 90.17% of the company's stock.

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Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ATO shares. StockNews.com cut shares of Atmos Energy from a "hold" rating to a "sell" rating in a research report on Thursday, February 6th. Morgan Stanley raised their price target on shares of Atmos Energy from $142.00 to $147.00 and gave the company an "overweight" rating in a report on Thursday, March 20th. Mizuho boosted their price objective on shares of Atmos Energy from $148.00 to $165.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 27th. LADENBURG THALM/SH SH upgraded Atmos Energy to a "strong-buy" rating in a research report on Monday, March 17th. Finally, Argus raised Atmos Energy from a "hold" rating to a "buy" rating and set a $150.00 target price for the company in a research note on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $149.15.

Atmos Energy Trading Up 0.5 %

NYSE:ATO traded up $0.82 during mid-day trading on Thursday, hitting $150.98. The company had a trading volume of 661,547 shares, compared to its average volume of 823,575. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.43 and a current ratio of 1.56. Atmos Energy Co. has a fifty-two week low of $110.97 and a fifty-two week high of $154.55. The firm has a market cap of $23.96 billion, a P/E ratio of 21.51, a P/E/G ratio of 2.94 and a beta of 0.67. The business's fifty day moving average is $146.97 and its two-hundred day moving average is $143.06.

Atmos Energy (NYSE:ATO - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The utilities provider reported $2.23 earnings per share for the quarter, beating analysts' consensus estimates of $2.20 by $0.03. Atmos Energy had a net margin of 25.90% and a return on equity of 8.89%. As a group, research analysts expect that Atmos Energy Co. will post 7.18 earnings per share for the current year.

Atmos Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.87 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.30%. Atmos Energy's dividend payout ratio is 49.57%.

About Atmos Energy

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.