Axa S.A. Has $7.77 Million Stock Holdings in Atmos Energy Co. (NYSE:ATO)

Axa S.A. raised its holdings in Atmos Energy Co. (NYSE:ATO - Free Report) by 47.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 55,800 shares of the utilities provider's stock after acquiring an additional 18,034 shares during the quarter. Axa S.A.'s holdings in Atmos Energy were worth $7,771,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of ATO. CWA Asset Management Group LLC grew its position in shares of 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 buying an additional 75 shares during the last quarter. Albert D Mason Inc. boosted its holdings in 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 acquiring an additional 77 shares during the last quarter. Trust Point Inc. increased its position in Atmos Energy by 3.2% during the 4th quarter. Trust Point Inc. now owns 2,567 shares of the utilities provider's stock valued at $358,000 after purchasing an additional 80 shares during the period. Pinnacle Financial Partners Inc raised its holdings in Atmos Energy by 3.0% during the 4th quarter. Pinnacle Financial Partners Inc now owns 2,921 shares of the utilities provider's stock worth $407,000 after purchasing an additional 84 shares during the last quarter. Finally, Greenleaf Trust lifted its position in shares of Atmos Energy by 3.5% in the 4th quarter. Greenleaf Trust now owns 2,524 shares of the utilities provider's stock worth $352,000 after purchasing an additional 86 shares during the period. Institutional investors own 90.17% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ATO shares. Wolfe Research initiated coverage on shares of Atmos Energy in a research report on Monday, March 31st. They set a "peer perform" rating for the company. Mizuho lowered Atmos Energy from an "outperform" rating to a "neutral" rating and lowered their price objective for the stock from $165.00 to $164.00 in a research report on Monday, April 28th. Morgan Stanley reissued an "overweight" rating on shares of Atmos Energy in a research note on Wednesday, April 23rd. StockNews.com cut Atmos Energy from a "hold" rating to a "sell" rating in a research note on Thursday, February 6th. Finally, JPMorgan Chase & Co. boosted their price target on Atmos Energy from $164.00 to $166.00 and gave the company an "overweight" rating in a research note on Wednesday, April 16th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $154.28.

Atmos Energy Price Performance

Shares of NYSE:ATO opened at $161.42 on Tuesday. The stock's 50 day moving average is $152.80 and its 200-day moving average is $146.50. Atmos Energy Co. has a twelve month low of $110.97 and a twelve month high of $161.67. The company has a quick ratio of 1.43, a current ratio of 1.56 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $25.62 billion, a price-to-earnings ratio of 22.99, a PEG ratio of 2.94 and a beta of 0.74.

Atmos Energy (NYSE:ATO - Get Free Report) last released its quarterly earnings data 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%. Sell-side analysts forecast that Atmos Energy Co. will post 7.18 EPS for the current fiscal year.

Atmos Energy 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.

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