Dividend Action: $0.45 dividends just around the corner for Atmos Energy Corporation (NYSE:ATO) shareholders.

Dividend Action: $0.45 dividends just around the corner for Atmos Energy Corporation (NYSE:ATO) shareholders.

Atmos Energy Corporation (NYSE:ATO) is expected to pay $0.45 on Dec 12, 2016. The indicated annual dividend is $1.80. Shareholders owning the stock before Nov 23, 2016 will be eligible to receive the payout. Based on Atmos Energy Corporation’s current price of $72.84, the dividend is 0.62%. This dividend’s record date is Nov 28, 2016 and the announcement date is Nov 10, 2016. The stock increased 1.69% or $1.21 during the last trading session, hitting $72.84. Atmos Energy Corporation (NYSE:ATO) has risen 0.30% since April 20, 2016 and is uptrending. It has underperformed by 4.25% the S&P500.

Atmos Energy Corporation is engaged primarily in the regulated natural gas distribution and transmission and storage businesses as well as other nonregulated natural gas businesses. The company has a market cap of $7.61 billion. The Firm delivers natural gas through regulated sales and transportation arrangements to over three million residential, commercial, public authority and industrial clients in nine states located primarily in the South. It has a 21.59 P/E ratio. The Firm also operates intrastate pipelines in Texas based on miles of pipe.

Insitutional Activity: The institutional sentiment decreased to 0.9 in 2016 Q2. Its down 0.27, from 1.17 in 2016Q1. The ratio turned negative, as 19 funds sold all Atmos Energy Corporation shares owned while 117 reduced positions. 31 funds bought stakes while 128 increased positions. They now own 71.11 million shares or 0.11% more from 71.04 million shares in 2016Q1.
Deutsche Bancorp Ag owns 197,188 shares or 0.01% of their US portfolio. First Tru Advisors Lp has 509,263 shares for 0.13% of their US portfolio. Andra Ap has 0.13% invested in the company for 61,100 shares. Moreover, Mckinley Capital Mgmt Ltd Liability Delaware has 0% invested in Atmos Energy Corporation (NYSE:ATO) for 60 shares. Caisse De Depot Et Placement Du Quebec holds 0.04% of its portfolio in Atmos Energy Corporation (NYSE:ATO) for 208,874 shares. Moreover, State Of New Jersey Common Pension Fund D has 0.01% invested in Atmos Energy Corporation (NYSE:ATO) for 25,000 shares. British Columbia Investment Management Corporation has 86,730 shares for 0.06% of their US portfolio. Motco holds 2,330 shares or 0.02% of its portfolio. Denver Inv Advisors Llc has invested 0.17% of its portfolio in Atmos Energy Corporation (NYSE:ATO). The Ontario – Canada-based National Bank & Trust Of Montreal Can has invested 0% in Atmos Energy Corporation (NYSE:ATO). Canada Pension Plan Board has 0% invested in the company for 6,810 shares. Moreover, Great Lakes Advsrs Ltd Llc has 0.01% invested in Atmos Energy Corporation (NYSE:ATO) for 5,488 shares. The Illinois-based Guggenheim Capital Limited Liability Co has invested 0.02% in Atmos Energy Corporation (NYSE:ATO). Clearbridge Investments Limited Liability reported 3,750 shares or 0% of all its holdings. The Missouri-based Enterprise Fincl Svcs has invested 0.02% in Atmos Energy Corporation (NYSE:ATO).

Insider Transactions: Since August 8, 2016, the stock had 0 insider purchases, and 2 insider sales for $389,132 net activity. The insider GREGORY LOUIS P sold 4,000 shares worth $312,385. Another trade for 1,020 shares valued at $76,747 was sold by MEREDITH THOMAS C.

Atmos Energy Corporation (NYSE:ATO) Ratings Coverage

Out of 8 analysts covering Atmos Energy (NYSE:ATO), 5 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 63% are positive. $87 is the highest target while $63 is the lowest. The $76.33 average target is 4.79% above today’s ($72.84) stock price. Atmos Energy has been the topic of 10 analyst reports since September 22, 2015 according to StockzIntelligence Inc. The firm has “Underweight” rating by Barclays Capital given on Monday, January 11. The firm has “Buy” rating by Argus Research given on Monday, October 31. The stock of Atmos Energy Corporation (NYSE:ATO) has “Buy” rating given on Wednesday, March 30 by BB&T Capital. The firm earned “Equal-Weight” rating on Friday, March 18 by Morgan Stanley. The firm earned “Neutral” rating on Wednesday, July 27 by Citigroup. JP Morgan maintained it with “Overweight” rating and $65 target price in Monday, January 4 report. Seaport Global initiated the shares of ATO in a report on Friday, November 18 with “Buy” rating. The firm earned “Overweight” rating on Friday, August 5 by JP Morgan. The firm earned “Overweight” rating on Tuesday, September 22 by JP Morgan.

More notable recent Atmos Energy Corporation (NYSE:ATO) news were published by: Businesswire.com which released: “Atmos Energy Corporation Names Kelly H. Compton to Board of Directors” on October 28, 2016, also Reuters.com with their article: “BRIEF-Atmos Energy Corp names Kelly Compton to its board” published on October 28, 2016, Businesswire.com published: “Atmos Energy Corporation Reports Earnings for Fiscal 2016 and Initiates Fiscal …” on November 09, 2016. More interesting news about Atmos Energy Corporation (NYSE:ATO) were released by: Forbes.com and their article: “Ex-Dividend Reminder: Cheniere Energy Partners, Atmos Energy Corp. and AstraZeneca” published on February 16, 2016 as well as Businesswire.com‘s news article titled: “Atmos Energy Corporation Reports Earnings for Fiscal 2016 First Quarter …” with publication date: February 02, 2016.

ATO Company Profile

Atmos Energy Corporation (Atmos Energy), incorporated on February 6, 1981, is engaged primarily in the regulated natural gas distribution and transmission and storage businesses as well as other nonregulated natural gas businesses. The Firm delivers natural gas through regulated sales and transportation arrangements to over three million residential, commercial, public authority and industrial clients in nine states located primarily in the South. The Firm also operates intrastate pipelines in Texas based on miles of pipe. The Firm operates through the following three divisions: The regulated distribution segment, which includes regulated distribution and related sales operations; the regulated pipeline segment, which includes the pipeline and storage activities 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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