Partners Group Holding AG Has $38.57 Million Stock Holdings in Atmos Energy Co. (NYSE:ATO)

Partners Group Holding AG lowered its stake in Atmos Energy Co. (NYSE:ATO) by 15.8% during the fourth quarter, Holdings Channel reports. The firm owned 276,912 shares of the utilities provider’s stock after selling 52,103 shares during the period. Atmos Energy makes up approximately 1.4% of Partners Group Holding AG’s investment portfolio, making the stock its 16th biggest position. Partners Group Holding AG’s holdings in Atmos Energy were worth $38,566,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of ATO. Noble Wealth Management PBC acquired a new position in shares of Atmos Energy in the 4th quarter valued at approximately $28,000. Dunhill Financial LLC boosted its holdings 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 valued at $32,000 after purchasing an additional 216 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Atmos Energy by 72.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 245 shares of the utilities provider’s stock worth $34,000 after buying an additional 103 shares in the last quarter. ST Germain D J Co. Inc. lifted its position in shares of Atmos Energy by 50.0% during the 4th quarter. ST Germain D J Co. Inc. now owns 300 shares of the utilities provider’s stock worth $42,000 after buying an additional 100 shares during the last quarter. Finally, Keystone Financial Group Inc. acquired a new stake in Atmos Energy in the fourth quarter valued at about $79,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Analyst Ratings Changes

ATO has been the subject of a number of research analyst reports. Bank of America assumed coverage on shares of Atmos Energy in a research report on Friday, December 13th. They set a “buy” rating and a $156.00 price objective for the company. StockNews.com cut Atmos Energy from a “hold” rating to a “sell” rating in a report on Thursday, February 6th. Argus raised Atmos Energy from a “hold” rating to a “buy” rating and set a $150.00 price objective on the stock in a research note on Friday, December 20th. LADENBURG THALM/SH SH upgraded shares of Atmos Energy to a “strong-buy” rating in a research note on Monday, March 17th. Finally, Morgan Stanley upped their price target on Atmos Energy from $142.00 to $147.00 and gave the stock an “overweight” rating in a report on Thursday. One analyst has rated the stock with a sell rating, three have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Atmos Energy has an average rating of “Moderate Buy” and an average price target of $149.15.

Atmos Energy Trading Down 1.4 %

Shares of ATO opened at $148.72 on Friday. Atmos Energy Co. has a fifty-two week low of $110.97 and a fifty-two week high of $154.55. The business has a 50-day moving average of $146.29 and a 200 day moving average of $142.63. The firm has a market cap of $23.61 billion, a P/E ratio of 21.19, a price-to-earnings-growth ratio of 2.94 and a beta of 0.67. 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 (NYSE:ATO) last released its quarterly earnings data on Tuesday, February 4th. The utilities provider reported $2.23 EPS for the quarter, topping the consensus estimate 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 forecast that Atmos Energy Co. will post 7.18 EPS for the current year.

Atmos Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were paid a dividend of $0.87 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $3.48 annualized dividend and a yield of 2.34%. Atmos Energy’s dividend payout ratio is currently 49.57%.

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.