First Quadrant L P Decreased Atmos Energy Corp (NYSE:ATO) Stake By $16.79 Million

January 23, 2018 - By Clifton Ray

Investors sentiment increased to 1.23 in Q3 2017. Its up 0.13, from 1.1 in 2017Q2. It increased, as 22 investors sold ATO shares while 103 reduced holdings. 37 funds opened positions while 117 raised stakes. 72.41 million shares or 1.65% less from 73.62 million shares in 2017Q2 were reported. Tph Asset Mgmt Ltd Com reported 15,887 shares or 0.15% of all its holdings. Carnegie Cap Asset Management Ltd Liability has 2,435 shares for 0.02% of their portfolio. Bancorp Of Montreal Can owns 0% invested in Atmos Energy Corporation (NYSE:ATO) for 59,479 shares. Neuberger Berman Group Ltd Com reported 0.04% of its portfolio in Atmos Energy Corporation (NYSE:ATO). Jane Street Ltd Liability Company owns 3,589 shares for 0% of their portfolio. Everett Harris & Ca, a California-based fund reported 3,500 shares. First Dallas Secs holds 1.43% of its portfolio in Atmos Energy Corporation (NYSE:ATO) for 24,539 shares. Miller Howard Invs accumulated 15,188 shares. Pictet Asset Ltd holds 0.1% or 436,001 shares. New York-based Mufg Americas Corp has invested 0.06% in Atmos Energy Corporation (NYSE:ATO). Chicago Equity Prtnrs Limited Company has invested 0.37% of its portfolio in Atmos Energy Corporation (NYSE:ATO). Vantage Invest Lc accumulated 0.01% or 356 shares. Benjamin F Edwards And stated it has 300 shares or 0% of all its holdings. Moreover, D E Shaw Co has 0% invested in Atmos Energy Corporation (NYSE:ATO) for 29,115 shares. 6.11M were accumulated by State Street Corp.

First Quadrant L P decreased its stake in Atmos Energy Corp (NYSE:ATO) by 69.67% based on its latest 2017Q4 regulatory filing with the SEC. First Quadrant L P sold 197,518 shares as the company’s stock rose 6.63% with the market. The institutional investor held 85,994 shares of the oil and gas transmission company at the end of 2017Q4, valued at $7.39 million, down from 283,512 at the end of the previous reported quarter. First Quadrant L P who had been investing in Atmos Energy Corp for a number of months, seems to be less bullish one the $9.12 billion market cap company. The stock increased 1.02% or $0.83 during the last trading session, reaching $82.23. About 375,018 shares traded. Atmos Energy Corporation (NYSE:ATO) has risen 12.78% since January 23, 2017 and is uptrending. It has underperformed by 3.92% the S&P500.

First Quadrant L P, which manages about $16.82B and $5.33 billion US Long portfolio, upped its stake in Teradyne Inc (NYSE:TER) by 609,553 shares to 609,616 shares, valued at $25.53M in 2017Q4, according to the filing. It also increased its holding in Vanguard Reit Etf (VNQ) by 902,009 shares in the quarter, for a total of 2.46 million shares, and has risen its stake in Flir Systems Inc (NASDAQ:FLIR).

First Quadrant L P is a California-based institutional investor with more than $16.82 billion AUM in December, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from First Quadrant L latest Adv, the fund reported to have 87 full and part-time employees. Among which 28 performing investment advisory and research functions. The institutional investor had between 26-100 clients.

Atmos Energy Corporation (NYSE:ATO) Ratings Coverage

Among 9 analysts covering Atmos Energy (NYSE:ATO), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Atmos Energy has $97 highest and $63 lowest target. $82.14’s average target is -0.11% below currents $82.23 stock price. Atmos Energy had 15 analyst reports since September 22, 2015 according to SRatingsIntel. The rating was upgraded by Argus Research on Monday, October 31 to “Buy”. BB&T Capital initiated the stock with “Buy” rating in Wednesday, March 30 report. JP Morgan maintained the stock with “Overweight” rating in Monday, January 4 report. The rating was maintained by Citigroup with “Neutral” on Wednesday, July 27. Barclays Capital downgraded the shares of ATO in report on Monday, January 11 to “Underweight” rating. The stock of Atmos Energy Corporation (NYSE:ATO) earned “Overweight” rating by JP Morgan on Tuesday, September 22. On Friday, March 18 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. The firm has “Overweight” rating given on Friday, August 5 by JP Morgan. The firm has “Overweight” rating by JP Morgan given on Thursday, October 12. The stock of Atmos Energy Corporation (NYSE:ATO) earned “Buy” rating by Seaport Global on Friday, November 18.

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 $9.12 billion. It operates in three divisions: Regulated Distribution, Regulated Pipeline, and Nonregulated. It has a 22.05 P/E ratio. The Regulated Distribution segment is involved in regulated natural gas distribution and related sales operations.

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