Partners Group Holding Ag Lowers stake in Atmos Energy Corporation (ATO)

Atmos Energy Corporation (ATO) : Partners Group Holding Ag reduced its stake in Atmos Energy Corporation by 3.6% during the most recent quarter end. The investment management company now holds a total of 400,150 shares of Atmos Energy Corporation which is valued at $28,374,637 after selling 14,950 shares in Atmos Energy Corporation , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Atmos Energy Corporation makes up approximately 7.34% of Partners Group Holding Ag’s portfolio.

Other Hedge Funds, Including , Etrade Capital Management boosted its stake in ATO in the latest quarter, The investment management firm added 22 additional shares and now holds a total of 2,759 shares of Atmos Energy Corporation which is valued at $195,641. Atmos Energy Corporation makes up approx 0.01% of Etrade Capital Management’s portfolio.Municipal Employees’ Retirement System Of Michigan boosted its stake in ATO in the latest quarter, The investment management firm added 620 additional shares and now holds a total of 45,900 shares of Atmos Energy Corporation which is valued at $3,339,225. Atmos Energy Corporation makes up approx 0.18% of Municipal Employees’ Retirement System Of Michigan’s portfolio.Blackrock Fund Advisors boosted its stake in ATO in the latest quarter, The investment management firm added 201,343 additional shares and now holds a total of 3,944,167 shares of Atmos Energy Corporation which is valued at $286,938,149. Atmos Energy Corporation makes up approx 0.06% of Blackrock Fund Advisors’s portfolio.Oakbrook Investments reduced its stake in ATO by selling 300 shares or 5.41% in the most recent quarter. The Hedge Fund company now holds 5,250 shares of ATO which is valued at $378,893. Atmos Energy Corporation makes up approx 0.02% of Oakbrook Investments’s portfolio.

Atmos Energy Corporation opened for trading at $71.62 and hit $72.23 on the upside on Monday, eventually ending the session at $71.63, with a gain of 0.51% or 0.36 points. The heightened volatility saw the trading volume jump to 6,23,495 shares. Company has a market cap of $7,447 M.

On the company’s financial health, Atmos Energy Corporation reported $0.40 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Nov 9, 2016. Analyst had a consensus of $0.32.Analysts expectations of $ 685.00.During the same quarter in the previous year, the company posted $0.29 EPS.

Investors should note that on Nov 9, 2016, Atmos Energy Corporation announced a cash dividend of $0.4500. The company’s management has announced Nov 23, 2016 as the ex-dividend date and fixed the record date on Nov 28, 2016. The payable date has been fixed on Dec 12, 2016.

Many Wall Street Analysts have commented on Atmos Energy Corporation. Seaport Global Securities Initiated Atmos Energy Corporation on Nov 18, 2016 to “Buy”, Price Target of the shares are set at $80.Atmos Energy Corporation was Upgraded by Argus to ” Buy” on Oct 31, 2016.

Atmos Energy Corporation (Atmos Energy) is engaged primarily in the regulated natural gas distribution and transmission and storage businesses as well as other nonregulated natural gas businesses. The Company delivers natural gas through regulated sales and transportation arrangements to over three million residential commercial public authority and industrial customers in nine states located primarily in the South. The Company also operates intrastate pipelines in Texas based on miles of pipe. The Company operates through the following three segments: The regulated distribution segment which includes regulated distribution and related sales operations; the regulated pipeline segment which includes the pipeline and storage operations of its Atmos Pipeline Texas Division and the nonregulated segment which includes nonregulated natural gas management nonregulated natural gas transmission storage and other services.

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