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DCP Midstream, LP (DCP) Reaches $36.51 After 6.00% Up Move; Shorts at Atmos Energy (ATO) Raised By 32.52%

Atmos Energy Corporation (NYSE:ATO) Logo

The stock of DCP Midstream, LP (NYSE:DCP) is a huge mover today! The stock increased 2.72% or $0.966 during the last trading session, reaching $36.506. About 175,313 shares traded. DCP Midstream, LP (NYSE:DCP) has declined 8.89% since April 23, 2017 and is downtrending. It has underperformed by 20.44% the S&P500.The move comes after 8 months positive chart setup for the $5.34 billion company. It was reported on Apr, 23 by Barchart.com. We have $38.70 PT which if reached, will make NYSE:DCP worth $320.28M more.

Atmos Energy Corporation (NYSE:ATO) had an increase of 32.52% in short interest. ATO’s SI was 1.52 million shares in April as released by FINRA. Its up 32.52% from 1.15 million shares previously. With 659,600 avg volume, 2 days are for Atmos Energy Corporation (NYSE:ATO)’s short sellers to cover ATO’s short positions. The SI to Atmos Energy Corporation’s float is 1.69%. The stock increased 0.41% or $0.34 during the last trading session, reaching $84.24. About 98,291 shares traded. Atmos Energy Corporation (NYSE:ATO) has risen 3.51% since April 23, 2017 and is uptrending. It has underperformed by 8.04% the S&P500.

Analysts await DCP Midstream, LP (NYSE:DCP) to report earnings on May, 9. They expect $0.33 EPS, down 19.51% or $0.08 from last year’s $0.41 per share. DCP’s profit will be $48.25 million for 27.66 P/E if the $0.33 EPS becomes a reality. After $0.10 actual EPS reported by DCP Midstream, LP for the previous quarter, Wall Street now forecasts 230.00% EPS growth.

DCP Midstream, LP, together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the United States. The company has market cap of $5.34 billion. It operates through two divisions, Gathering and Processing, and Logistics and Marketing. It has a 85.69 P/E ratio. The Gathering and Processing segment is involved in gathering, compressing, treating, and processing natural gas; producing and fractionating NGLs; and recovering and selling condensate.

Among 3 analysts covering DCP Midstream (NYSE:DCP), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. DCP Midstream had 3 analyst reports since February 15, 2017 according to SRatingsIntel. On Wednesday, February 22 the stock rating was upgraded by UBS to “Buy”. Credit Suisse upgraded DCP Midstream, LP (NYSE:DCP) on Wednesday, February 15 to “Neutral” rating. On Thursday, February 16 the stock rating was upgraded by Drexel Hamilton to “Buy”.

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 $9.35 billion. It operates in three divisions: Regulated Distribution, Regulated Pipeline, and Nonregulated. It has a 15.4 P/E ratio. The Regulated Distribution segment is involved in regulated natural gas distribution and related sales operations.

Investors sentiment decreased to 1.19 in Q4 2017. Its down 0.04, from 1.23 in 2017Q3. It fall, as 31 investors sold Atmos Energy Corporation shares while 109 reduced holdings. 57 funds opened positions while 110 raised stakes. 78.37 million shares or 8.23% more from 72.41 million shares in 2017Q3 were reported. Td Asset Mgmt Inc invested 0% in Atmos Energy Corporation (NYSE:ATO). Hyman Charles D stated it has 0.03% of its portfolio in Atmos Energy Corporation (NYSE:ATO). Folger Nolan Fleming Douglas Capital Mgmt Inc reported 11,865 shares. Assetmark owns 453 shares. Vantage Advsrs Limited Liability Company holds 356 shares. Massachusetts Svcs Ma accumulated 249,101 shares or 0.01% of the stock. State Of New Jersey Common Pension Fund D has invested 0.01% in Atmos Energy Corporation (NYSE:ATO). Jpmorgan Chase Company invested in 0.01% or 389,641 shares. Paloma accumulated 28,665 shares. Moreover, Art Advisors Limited has 0.02% invested in Atmos Energy Corporation (NYSE:ATO) for 6,400 shares. Bath Savings Tru holds 0.11% of its portfolio in Atmos Energy Corporation (NYSE:ATO) for 5,050 shares. Cibc Asset Management holds 0% or 3,454 shares in its portfolio. Fort Washington Inv Inc Oh stated it has 25,565 shares. Greenleaf holds 0% of its portfolio in Atmos Energy Corporation (NYSE:ATO) for 2,710 shares. State Common Retirement Fund holds 0.02% or 234,800 shares.

Atmos Energy Corporation (NYSE:ATO) Institutional Positions Chart

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