1 week Ago By ABMN Staff
Pictet Asset Management Holding SA lessened its position in shares of ONE Gas, Inc. ( NYSE:OGS – Free Report ) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC.
The firm owned 8,770 shares of the utilities provider’s stock after selling 185 shares during the quarter. Pictet Asset Management Holding SA’s holdings in ONE Gas were worth $607,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company.
Arizona State Retirement System grew its position in shares of ONE Gas by 0.9% during the 4th quarter. Arizona State Retirement System now owns 16,442 shares of the utilities provider’s stock valued at $1,139,000 after acquiring an additional 152 shares during the period.
Oppenheimer Asset Management Inc. grew its holdings in ONE Gas by 0.9% in the fourth quarter.
Oppenheimer Asset Management Inc. now owns 21,615 shares of the utilities provider’s stock valued at $1,497,000 after purchasing an additional 187 shares during the period. Nomura Asset Management Co.
Ltd. increased its position in shares of ONE Gas by 42.0% in the third quarter.
Nomura Asset Management Co. Ltd. now owns 710 shares of the utilities provider’s stock valued at $53,000 after buying an additional 210 shares in the last quarter.
LPL Financial LLC raised its stake in shares of ONE Gas by 0.8% during the 4th quarter. LPL Financial LLC now owns 28,800 shares of the utilities provider’s stock worth $1,994,000 after buying an additional 220 shares during the period.
Finally, WINTON GROUP Ltd lifted its position in shares of ONE Gas by 2.0% during the 4th quarter. WINTON GROUP Ltd now owns 15,359 shares of the utilities provider’s stock valued at $1,064,000 after buying an additional 304 shares in the last quarter.
Hedge funds and other institutional investors own 88.71% of the company’s stock. ONE Gas Stock Down 0.
1 % Shares of OGS opened at $71.85 on Wednesday. ONE Gas, Inc.
has a 52-week low of $58.31 and a 52-week high of $78.89.
The company has a quick ratio of 0.37, a current ratio of 0.64 and a debt-to-equity ratio of 0.
77. The stock has a fifty day simple moving average of $73.19 and a two-hundred day simple moving average of $72.
64. The company has a market capitalization of $4.31 billion, a PE ratio of 18.
38, a price-to-earnings-growth ratio of 3.64 and a beta of 0.74.
Analysts Set New Price Targets A number of equities analysts have weighed in on OGS shares. LADENBURG THALM/SH SH upgraded shares of ONE Gas to a “hold” rating in a research report on Monday, March 17th. StockNews.
com upgraded shares of ONE Gas from a “sell” rating to a “hold” rating in a research report on Wednesday, March 12th. Bank of America initiated coverage on ONE Gas in a report on Friday, December 13th. They issued a “buy” rating and a $77.
00 price objective on the stock. Morgan Stanley increased their target price on ONE Gas from $68.00 to $70.
00 and gave the company an “equal weight” rating in a report on Thursday, March 20th. Finally, Jefferies Financial Group raised ONE Gas from a “hold” rating to a “buy” rating and lifted their price target for the stock from $76.00 to $84.
00 in a research note on Monday. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.
com, the stock presently has an average rating of “Hold” and an average target price of $73.44. Read Our Latest Research Report on OGS About ONE Gas ( Free Report ) ONE Gas, Inc, together with its subsidiaries, operates as a regulated natural gas distribution company in the United States.
The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers.
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