2 weeks Ago By ABMN Staff
Vanguard Personalized Indexing Management LLC trimmed its stake in ONE Gas, Inc. ( NYSE:OGS – Free Report ) by 15.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 5,234 shares of the utilities provider’s stock after selling 969 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in ONE Gas were worth $321,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently made changes to their positions in OGS.
Norges Bank bought a new stake in shares of ONE Gas in the fourth quarter valued at about $30,395,000. Corient Private Wealth LLC lifted its position in shares of ONE Gas by 18.4% in the 4th quarter.
Corient Private Wealth LLC now owns 8,126 shares of the utilities provider’s stock worth $518,000 after acquiring an additional 1,263 shares during the period. Jones Financial Companies Lllp grew its holdings in shares of ONE Gas by 112.3% during the 4th quarter.
Jones Financial Companies Lllp now owns 637 shares of the utilities provider’s stock worth $41,000 after purchasing an additional 337 shares in the last quarter. First Trust Advisors LP increased its position in shares of ONE Gas by 15.3% during the fourth quarter.
First Trust Advisors LP now owns 1,108,868 shares of the utilities provider’s stock valued at $70,657,000 after purchasing an additional 147,471 shares during the period. Finally, Magellan Asset Management Ltd raised its stake in shares of ONE Gas by 2.2% in the fourth quarter.
Magellan Asset Management Ltd now owns 39,593 shares of the utilities provider’s stock valued at $2,523,000 after purchasing an additional 834 shares in the last quarter. Institutional investors own 88.71% of the company’s stock.
Wall Street Analysts Forecast Growth OGS has been the topic of a number of recent research reports. Mizuho lifted their price target on shares of ONE Gas from $64.00 to $65.
00 and gave the stock a “neutral” rating in a research note on Wednesday, June 5th. Morgan Stanley raised their price objective on shares of ONE Gas from $63.00 to $69.
00 and gave the stock an “equal weight” rating in a report on Wednesday. StockNews.com cut shares of ONE Gas from a “hold” rating to a “sell” rating in a research note on Saturday, July 20th.
Finally, Wells Fargo & Company upgraded shares of ONE Gas from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $71.00 to $80.00 in a research note on Wednesday, September 11th.
Three investment analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, ONE Gas currently has an average rating of “Hold” and an average price target of $66.21.
ONE Gas Trading Up 0.7 % Shares of ONE Gas stock opened at $74.20 on Friday.
ONE Gas, Inc. has a 12-month low of $55.50 and a 12-month high of $74.
99. The stock has a market capitalization of $4.20 billion, a P/E ratio of 18.
32, a price-to-earnings-growth ratio of 3.87 and a beta of 0.66.
The company has a 50-day simple moving average of $69.66 and a 200 day simple moving average of $65.34.
The company has a quick ratio of 0.32, a current ratio of 0.41 and a debt-to-equity ratio of 0.
76. ONE Gas ( NYSE:OGS – Get Free Report ) last posted its quarterly earnings data on Monday, August 5th. The utilities provider reported $0.
48 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.01).
ONE Gas had a return on equity of 8.04% and a net margin of 10.83%.
The firm had revenue of $354.14 million for the quarter, compared to analyst estimates of $362.06 million.
During the same period in the previous year, the business posted $0.58 EPS. The business’s quarterly revenue was down 11.
0% on a year-over-year basis. Research analysts expect that ONE Gas, Inc. will post 3.
84 earnings per share for the current fiscal year. ONE Gas Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were paid a $0.
66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 3.
56%. The ex-dividend date of this dividend was Wednesday, August 14th. ONE Gas’s dividend payout ratio is currently 65.
19%. ONE Gas Company 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. Featured Stories Receive News & Ratings for ONE Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ONE Gas and related companies with MarketBeat.
com's FREE daily email newsletter ..
