WINTON GROUP Ltd Boosts Stock Position in ONE Gas, Inc. (NYSE:OGS)

WINTON GROUP Ltd boosted its holdings in shares of ONE Gas, Inc. (NYSE:OGS) by 2.0% during the fourth quarter, Holdings Channel reports. The firm owned 15,359 shares of the utilities provider’s stock after acquiring an additional 304 shares during the quarter. WINTON GROUP Ltd’s holdings in ONE Gas were worth $1,064,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Wellington Management Group LLP increased its stake in shares of ONE Gas by 22.9% during the third quarter. Wellington Management Group LLP now owns 3,470,618 shares of the utilities provider’s stock valued at $258,283,000 after buying an additional 645,566 shares during the period. Verition Fund Management LLC boosted its holdings in ONE Gas by 320.2% in the third quarter. Verition Fund Management LLC now owns 402,849 shares of the utilities provider’s stock valued at $29,980,000 after acquiring an additional 306,974 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in ONE Gas by 32.2% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 249,920 shares of the utilities provider’s stock worth $18,599,000 after purchasing an additional 60,922 shares in the last quarter. Barclays PLC raised its holdings in ONE Gas by 105.6% in the 3rd quarter. Barclays PLC now owns 105,607 shares of the utilities provider’s stock worth $7,859,000 after purchasing an additional 54,237 shares in the last quarter. Finally, First Eagle Investment Management LLC lifted its position in shares of ONE Gas by 61.8% in the 4th quarter. First Eagle Investment Management LLC now owns 140,914 shares of the utilities provider’s stock worth $9,758,000 after purchasing an additional 53,800 shares during the period. Institutional investors own 88.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on OGS. Morgan Stanley increased 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 decreased their target price on ONE Gas from $79.00 to $76.00 and set a “hold” rating for the company in a research report on Tuesday, January 28th. Stifel Nicolaus lifted their price target on ONE Gas from $73.00 to $74.00 and gave the company a “hold” rating in a research report on Friday, December 6th. LADENBURG THALM/SH SH raised ONE Gas to a “hold” rating in a research report on Monday, March 17th. Finally, StockNews.com raised shares of ONE Gas from a “sell” rating to a “hold” rating in a research report on Wednesday, March 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $72.44.

ONE Gas Trading Up 2.9 %

NYSE OGS opened at $75.89 on Friday. ONE Gas, Inc. has a 12 month low of $58.31 and a 12 month high of $78.89. The company has a current ratio of 0.64, a quick ratio of 0.37 and a debt-to-equity ratio of 0.77. The stock’s fifty day moving average price is $72.57 and its 200-day moving average price is $72.54. The stock has a market cap of $4.54 billion, a P/E ratio of 19.41, a P/E/G ratio of 3.64 and a beta of 0.66.

ONE Gas (NYSE:OGS) last announced its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.34 EPS for the quarter, meeting the consensus estimate of $1.34. The company had revenue of $630.70 million for the quarter, compared to the consensus estimate of $973.58 million. ONE Gas had a net margin of 10.70% and a return on equity of 7.70%. As a group, equities analysts forecast that ONE Gas, Inc. will post 4.26 EPS for the current fiscal year.

ONE Gas Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 21st were given a $0.67 dividend. The ex-dividend date of this dividend was Friday, February 21st. This is a boost from ONE Gas’s previous quarterly dividend of $0.66. This represents a $2.68 annualized dividend and a yield of 3.53%. ONE Gas’s dividend payout ratio is 68.54%.

ONE Gas Profile

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.