Atmos Energy Receives A Boost From Credit Suisse AG

Atmos Energy Co (NYSE: ATO) shares increased by 0.9% during the third quarter of 2018 according to a 13F filing by Credit Suisse AG to the Securities and Exchange Commission.

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Due to the fund's recent purchase of an additional 6,542 shares of the utility provider's stock during the period, the total number of shares in the company that it currently owns is 697,917 as a result of the fund purchasing a total of 6,542 shares during the period. A significant portion of Atmos Energy was owned by Credit Suisse AG after the most recent reporting period, valued at $71,082,000, which is approximately 0.50% of the company.

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A number of institutional investors have recently made adjustments to the stocks that they currently own, in the same way, that individual investors have made adjustments to the stocks that they hold.

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In the third quarter, Nomura Asset Management Co Ltd increased its ownership of Atmos Energy stock by 36.7%, bringing its total ownership percentage to 100% in this company. There are now 149,817 shares of Nomura Asset Management Co Ltd's stock that are valued at $15,259,000 after Nomura Asset Management Co Ltd purchased 40,252 shares of Nomura Asset Management Co Ltd's stock during the last quarter of the year.

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Magellan Asset Management Ltd increased its ownership of Atmos Energy shares by 6.3% in the third quarter, bringing its total ownership to 1.7%.

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Following the acquisition of 6,439 additional shares during the most recent fiscal quarter, Magellan Asset Management Ltd now holds 108,984 shares of the utility service provider's stock.

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There is currently a market value of $11,100,000 for this stock, according to Magellan Asset Management Ltd. During the third quarter of this year, Lumature Wealth Partners LLC made a 3.8% purchase of additional Atmos Energy stock, bringing the total amount to 98.4% of Lumature Wealth Partners LLC's holdings in the company.

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Lumature Wealth Partners LLC purchased an additional 97 shares during the most recent quarter, bringing its total holding to 2,639 shares, or $269,000.

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It is estimated that the total market value of the company's stocks is $269,000. As a result of this calculation, the stock value is at this moment $269,000.

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Quadrant Capital Group LLC increased its ownership of Atmos Energy stock by 32.9% in the third quarter, bringing its ownership percentage to 100%.

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It has been determined that Quadrant Capital Group LLC has increased the total value of the holdings that it has in shares of the utility provider by $56,000 as a result of the company purchasing an additional 136 shares during its most recent fiscal quarter. This brings the total value of those holdings up to $56,000. Atmos Energy has been the last investment to be discussed in this article, as CBOE Vest Financial LLC increased its holdings in the company by 0.7% during the third quarter.

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Shares of the utility provider were increased by 592 shares by CBOE Vest Financial LLC during the most recent quarter.

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The total number of shares owned by the company now stands at 80,103, valued at $8,158,000.

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In total, 91.03% of the company's shares are owned by institutional investors and hedge funds.

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The ATO stock has recently been the subject of several analyst comments. As part of a research note published on October 24th, Seaport Research Partners reiterated its "neutral" recommendation on Atmos Energy in a research note.

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A research report published by Trade Algo, giving the company Atmos Energy a "sell" rating, is the first of its kind to be available to the general public and was authored by StockNews.com.

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The price objective for Atmos Energy was raised from $128.00 to $137.00 in a research note published by the financial services firm Mizuho on February 9, and the stock was rated a buy. On Tuesday, Citigroup raised its price objective on Atmos Energy shares from $107.00 to $125.00 in a research note published by the company and upgraded the company's rating from "neutral" to "overweight".

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Wells Fargo & Company, in its research note published on Wednesday, December 14, has increased the target price on Atmos Energy shares to $132.00, which is an increase of $123.00 from their previous target price. A total of five analysts have recommended that investors purchase the company's stock; four analysts have suggested that investors hold the company's stock; and a single analyst has recommended that investors sell the company's stock.

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Bloomberg.com's price target for Atmos Energy is $123.50, and analysts recommend holding the stock.

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Likewise, on February 6, Director Kim R. Cocklin, who is also the company's stockholder, made a transaction in which she sold 12,500 shares of the company's stock.

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The sentence that preceded this one provided this information.

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The total value of the transaction was $1,464,250.00 after the shares were purchased at an average price of $117.14 per share, bringing the total value of the exchange to that amount of $1,464,250.00.

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This transaction has resulted in the director having direct ownership of 228,846 shares of the company, which have a combined value of approximately 26,807,020.44 dollars as a result of the transaction.

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Shares of NYSE: ATO began trading for $115.69 on Friday.

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Debt-to-equity is currently at 0.67, the quick ratio is currently at 0.94, and the current ratio is currently at 1.03. In the past 52 weeks, Atmos Energy Co's lowest price was $97.71, and its highest price was $122.96. Atmos Energy Co's market value was $16.56 billion, its PE ratio was 20.26, its price-to-earnings-growth ratio was 2.61, and its beta value was 0.61. The company has a market

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Furthermore, the growth in prices is 2.61 times the growth in earnings.

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Based on the simple moving average of the past 200 days, the price of the stock was determined to be $112.81, however, if the simple moving average of the 50 most recent days was taken into consideration, the price of the stock was determined to be $115.13.

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In an announcement on February 8, Atmos Energy (NYSE: ATO) announced that it had completed and disseminated the quarterly financial results it had previously provided to investors.

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Analysts projected $1.93 earnings per share for the utility company, but analysts' expectations were $0.02 lower at $1.91.

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An equity return of 8.50% and a net margin of 17.06% were achieved by Atmos Energy during the year.

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Revenue for the quarter was $1.48 billion, significantly higher than the $1.14 billion analysts predicted.

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According to the most recent results, the company generated $1.86 in profits per share in the previous year.

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In comparison with the same quarter a year ago, the revenue for the third quarter of the current financial year increased by 46.5% as compared with the previous quarter.

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Atmos Energy Co is expected to generate profits of $5.99 per share for the current fiscal year, which will be distributed to the company's shareholders as a dividend.

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The company has also announced a quarterly dividend for this year, which will be paid on March 6 of this year.

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Dividends are going to be distributed. Dividend payments of $0.74 per share will be made on February 10 to shareholders with good accounts.

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Dividends will be withheld from shareholder accounts beginning Thursday, February 16.

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If calculated on an annual basis, this means that this investment translates into a dividend payment of $2.96 and a return on investment of 2.56%.

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Atmos Energy has a dividend payout rate of 51.84 percent.