Is Atmos Energy Corporation (NYSE:ATO)’s Fuel Running High? Reports Show Less Sellers

November 10, 2018 - By Clifton Ray

Atmos Energy Corporation (NYSE:ATO) Logo

Investors sentiment increased to 1.29 in 2018 Q2. Its up 0.28, from 1.01 in 2018Q1. It is positive, as 19 investors sold Atmos Energy Corporation shares while 106 reduced holdings. 46 funds opened positions while 115 raised stakes. 79.33 million shares or 1.30% more from 78.31 million shares in 2018Q1 were reported.
Earnest Prtnrs Ltd holds 109 shares. 6,094 are owned by Murphy Mngmt Incorporated. 28,334 were reported by Janney Montgomery Scott. Amer Century Companies accumulated 2.85M shares or 0.26% of the stock. Glenmede Na accumulated 0% or 3,129 shares. Mutual Of America Capital Ltd Liability Co stated it has 95,275 shares or 0.13% of all its holdings. Enterprise Fincl holds 0.02% or 500 shares. Verition Fund Mgmt Ltd Liability Corp reported 0.02% stake. Moreover, Kwmg Limited Liability has 0.01% invested in Atmos Energy Corporation (NYSE:ATO) for 213 shares. Bahl And Gaynor Inc has 0.04% invested in Atmos Energy Corporation (NYSE:ATO) for 39,332 shares. Whittier Tru Of Nevada Incorporated owns 17,741 shares. Huntington Bankshares stated it has 0% of its portfolio in Atmos Energy Corporation (NYSE:ATO). Ing Groep Nv reported 17,012 shares. Blair William Company Il has 0% invested in Atmos Energy Corporation (NYSE:ATO) for 6,107 shares. Advisory holds 0.02% or 15,517 shares in its portfolio.

Since August 15, 2018, it had 0 insider purchases, and 2 sales for $3.44 million activity. 2,000 shares valued at $186,100 were sold by QUINN NANCY K on Wednesday, August 15.

The stock of Atmos Energy Corporation (NYSE:ATO) registered a decrease of 5.64% in short interest. ATO’s total short interest was 1.53 million shares in November as published by FINRA. Its down 5.64% from 1.62 million shares, reported previously. With 307,300 shares average volume, it will take short sellers 5 days to cover their ATO’s short positions.

The stock increased 0.89% or $0.85 during the last trading session, reaching $96.69. About 344,119 shares traded. Atmos Energy Corporation (NYSE:ATO) has risen 7.92% since November 10, 2017 and is uptrending. It has underperformed by 7.70% the S&P500.

Atmos Energy Corporation, together with its subsidiaries, engages in the distribution, transmission, and storage of natural gas in the United States. The company has market cap of $10.75 billion. It operates in three divisions: Regulated Distribution, Regulated Pipeline, and Nonregulated. It has a 17.71 P/E ratio. The Regulated Distribution segment is involved in regulated natural gas distribution and related sales operations.

Atmos Energy Corporation (NYSE:ATO) Ratings Coverage

Among 3 analysts covering Atmos Energy (NYSE:ATO), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Atmos Energy had 8 analyst reports since June 12, 2018 according to SRatingsIntel. On Thursday, October 11 the stock rating was maintained by Morgan Stanley with “Overweight”. The rating was maintained by Barclays Capital on Wednesday, July 11 with “Underweight”. Morgan Stanley maintained Atmos Energy Corporation (NYSE:ATO) on Wednesday, June 13 with “Equal-Weight” rating. Morgan Stanley maintained the stock with “Equal-Weight” rating in Monday, July 16 report. Barclays Capital maintained Atmos Energy Corporation (NYSE:ATO) rating on Friday, October 12. Barclays Capital has “Underweight” rating and $91 target. Morgan Stanley maintained it with “Equal-Weight” rating and $102 target in Tuesday, September 11 report. Citigroup maintained Atmos Energy Corporation (NYSE:ATO) rating on Tuesday, June 12. Citigroup has “Neutral” rating and $88 target. The rating was upgraded by Morgan Stanley to “Overweight” on Friday, September 21.

More important recent Atmos Energy Corporation (NYSE:ATO) news were published by: Nasdaq.com which released: “Detailed Research: Economic Perspectives on Atmos Energy, Brighthouse Financial, Ciena, AutoNation, NorthStar …” on November 09, 2018, also Streetinsider.com published article titled: “Atmos Energy (ATO) Adds Diana J. Walters to Board”, Businesswire.com published: “Atmos Energy Corporation Names Diana J. Walters to Board of Directors” on November 01, 2018. More interesting news about Atmos Energy Corporation (NYSE:ATO) was released by: Seekingalpha.com and their article: “Atmos Energy Corporation (ATO) CEO Mike Haefner on Q4 2018 Results – Earnings Call Transcript” with publication date: November 08, 2018.

Atmos Energy Corporation (NYSE:ATO) Institutional Positions Chart

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