First Dallas Securities Lowers stake in Atmos Energy Corporation (ATO)

Atmos Energy Corporation (ATO) : First Dallas Securities reduced its stake in Atmos Energy Corporation by 13.06% during the most recent quarter end. The investment management company now holds a total of 54,967 shares of Atmos Energy Corporation which is valued at $4,333,598 after selling 8,260 shares in Atmos Energy Corporation , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.Atmos Energy Corporation makes up approximately 3.21% of First Dallas Securities’s portfolio.

Other Hedge Funds, Including , Boston Advisors boosted its stake in ATO in the latest quarter, The investment management firm added 601 additional shares and now holds a total of 7,408 shares of Atmos Energy Corporation which is valued at $584,047. Atmos Energy Corporation makes up approx 0.01% of Boston Advisors’s portfolio.Meeder Asset Management Inc reduced its stake in ATO by selling 2,192 shares or 47.58% in the most recent quarter. The Hedge Fund company now holds 2,415 shares of ATO which is valued at $194,432. Atmos Energy Corporation makes up approx 0.02% of Meeder Asset Management Inc’s portfolio. Cribstone Capital Management added ATO to its portfolio by purchasing 136 company shares during the most recent quarter which is valued at $10,834. Atmos Energy Corporation makes up approx 0.01% of Cribstone Capital Management’s portfolio.

Atmos Energy Corporation opened for trading at $79.38 and hit $80.08 on the upside on Friday, eventually ending the session at $79.79, with a gain of 0.62% or 0.49 points. The heightened volatility saw the trading volume jump to 5,61,045 shares. Company has a market cap of $8,157 M.

On the company’s financial health, Atmos Energy Corporation reported $1.40 EPS for the quarter, based on the information available during the earnings call on May 4, 2016. Analyst had a consensus estimate of $1.40.Analysts expectations of $ 1458.45.During the same quarter in the previous year, the company posted $1.36 EPS.

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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