1 week Ago By Defense World Staff
Prudential Financial Inc. lessened its position in ONE Gas, Inc. ( NYSE:OGS – Free Report ) by 4.
5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,482 shares of the utilities provider’s stock after selling 258 shares during the period. Prudential Financial Inc.
’s holdings in ONE Gas were worth $413,000 as of its most recent SEC filing. A number of other institutional investors have also recently made changes to their positions in the company. Stifel Financial Corp lifted its position in ONE Gas by 12.
1% in the 3rd quarter. Stifel Financial Corp now owns 13,659 shares of the utilities provider’s stock valued at $1,016,000 after acquiring an additional 1,469 shares in the last quarter. Nomura Asset Management Co.
Ltd. lifted its holdings in shares of ONE Gas by 42.0% during the third quarter.
Nomura Asset Management Co. Ltd. now owns 710 shares of the utilities provider’s stock valued at $53,000 after purchasing an additional 210 shares in the last quarter.
Barclays PLC boosted its position in shares of ONE Gas by 105.6% during the third quarter. Barclays PLC now owns 105,607 shares of the utilities provider’s stock valued at $7,859,000 after buying an additional 54,237 shares during the last quarter.
M&T Bank Corp increased its holdings in ONE Gas by 9.8% in the 3rd quarter. M&T Bank Corp now owns 6,596 shares of the utilities provider’s stock worth $491,000 after buying an additional 591 shares in the last quarter.
Finally, Geode Capital Management LLC raised its position in ONE Gas by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 1,354,710 shares of the utilities provider’s stock worth $100,836,000 after buying an additional 18,477 shares during the last quarter.
Hedge funds and other institutional investors own 88.71% of the company’s stock. Wall Street Analyst Weigh In A number of analysts have recently commented on the stock.
Morgan Stanley lifted their price target on shares of ONE Gas from $68.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 20th.
Jefferies Financial Group raised shares of ONE Gas from a “hold” rating to a “buy” rating and lifted their target price for the stock from $76.00 to $84.00 in a research report on Monday.
Bank of America initiated coverage on ONE Gas in a research note on Friday, December 13th. They issued a “buy” rating and a $77.00 price target on the stock.
StockNews.com upgraded ONE Gas from a “sell” rating to a “hold” rating in a research report on Wednesday, March 12th. Finally, LADENBURG THALM/SH SH raised ONE Gas to a “hold” rating in a research report on Monday, March 17th.
One analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $73.44.
ONE Gas Stock Up 1.4 % NYSE OGS opened at $72.97 on Thursday.
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 company has a market capitalization of $4.
37 billion, a P/E ratio of 18.66, a price-to-earnings-growth ratio of 3.64 and a beta of 0.
74. The stock’s 50-day moving average price is $73.29 and its 200-day moving average price is $72.
63. ONE Gas ( NYSE:OGS – Get Free Report ) last released its earnings results on Wednesday, February 19th. The utilities provider reported $1.
34 EPS for the quarter, hitting analysts’ consensus estimates of $1.34. The company had revenue of $630.
70 million for the quarter, compared to analysts’ expectations of $973.58 million. ONE Gas had a net margin of 10.
70% and a return on equity of 7.70%. On average, equities research analysts predict that ONE Gas, Inc.
will post 4.26 earnings per share for the current year. ONE Gas Profile ( 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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