ONE Gas, Inc. (NYSE:OGS) Shares Sold by Dean Investment Associates LLC

Dean Investment Associates LLC reduced its position in ONE Gas, Inc. (NYSE:OGS - Free Report) by 68.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 25,538 shares of the utilities provider's stock after selling 54,165 shares during the quarter. Dean Investment Associates LLC's holdings in ONE Gas were worth $1,769,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. UMB Bank n.a. grew its holdings in shares of ONE Gas by 3,620.0% during the 4th quarter. UMB Bank n.a. now owns 372 shares of the utilities provider's stock worth $26,000 after purchasing an additional 362 shares during the period. Crews Bank & Trust acquired a new position in shares of ONE Gas in the fourth quarter worth $35,000. Wilmington Savings Fund Society FSB bought a new position in shares of ONE Gas in the 3rd quarter valued at approximately $45,000. Sound Income Strategies LLC bought a new position in ONE Gas during the fourth quarter valued at about $51,000. Finally, Blue Trust Inc. grew its holdings in shares of ONE Gas by 46.6% in the 4th quarter. Blue Trust Inc. now owns 1,410 shares of the utilities provider's stock worth $105,000 after purchasing an additional 448 shares during the last quarter. Hedge funds and other institutional investors own 88.71% of the company's stock.

Analysts Set New Price Targets

OGS has been the topic of several recent research reports. StockNews.com raised ONE Gas from a "sell" rating to a "hold" rating in a research note on Wednesday, March 12th. Morgan Stanley raised their price objective on ONE Gas from $68.00 to $70.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 20th. Jefferies Financial Group upgraded ONE Gas from a "hold" rating to a "buy" rating and increased their target price for the stock from $76.00 to $84.00 in a report on Monday, April 7th. Finally, LADENBURG THALM/SH SH raised shares of ONE Gas to a "hold" rating in a research report on Monday, March 17th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $75.21.

ONE Gas Price Performance

Shares of NYSE OGS traded down $0.31 during midday trading on Wednesday, hitting $78.18. The stock had a trading volume of 231,189 shares, compared to its average volume of 446,635. The company has a market capitalization of $4.69 billion, a PE ratio of 19.99, a P/E/G ratio of 3.64 and a beta of 0.74. The stock has a 50 day simple moving average of $74.30 and a 200-day simple moving average of $72.80. ONE Gas, Inc. has a 1 year low of $58.31 and a 1 year high of $79.24. The company has a quick ratio of 0.37, a current ratio of 0.64 and a debt-to-equity ratio of 0.77.

ONE Gas (NYSE:OGS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.34 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.34. The business had revenue of $630.70 million during the quarter, compared to analysts' expectations of $973.58 million. ONE Gas had a return on equity of 7.70% and a net margin of 10.70%. On average, sell-side analysts expect that ONE Gas, Inc. will post 4.26 EPS for the current fiscal year.

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.