ONE Gas, Inc. (NYSE:OGS) Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC increased its stake in ONE Gas, Inc. (NYSE:OGS - Free Report) by 9,036.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 202,383 shares of the utilities provider's stock after purchasing an additional 200,168 shares during the quarter. International Assets Investment Management LLC owned approximately 0.36% of ONE Gas worth $15,061,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in OGS. American Century Companies Inc. lifted its position in ONE Gas by 6.3% in the second quarter. American Century Companies Inc. now owns 4,598,114 shares of the utilities provider's stock worth $293,590,000 after buying an additional 272,923 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of ONE Gas by 0.7% in the 2nd quarter. Victory Capital Management Inc. now owns 1,470,218 shares of the utilities provider's stock valued at $93,873,000 after purchasing an additional 10,189 shares in the last quarter. Energy Income Partners LLC lifted its position in shares of ONE Gas by 52.9% in the 1st quarter. Energy Income Partners LLC now owns 1,058,680 shares of the utilities provider's stock worth $68,317,000 after purchasing an additional 366,363 shares during the period. Boston Trust Walden Corp boosted its stake in shares of ONE Gas by 1.5% during the second quarter. Boston Trust Walden Corp now owns 950,716 shares of the utilities provider's stock valued at $60,703,000 after purchasing an additional 14,016 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in ONE Gas by 7.3% during the second quarter. Dimensional Fund Advisors LP now owns 897,568 shares of the utilities provider's stock valued at $57,308,000 after buying an additional 61,192 shares during the period. 88.71% of the stock is owned by hedge funds and other institutional investors.

ONE Gas Price Performance

NYSE OGS traded down $0.68 on Wednesday, hitting $72.20. The company had a trading volume of 271,550 shares, compared to its average volume of 401,882. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.41 and a quick ratio of 0.32. The company's fifty day moving average price is $71.85 and its 200-day moving average price is $66.94. The company has a market capitalization of $4.08 billion, a PE ratio of 17.99, a PEG ratio of 3.78 and a beta of 0.66. ONE Gas, Inc. has a 12-month low of $55.50 and a 12-month high of $74.99.

ONE Gas (NYSE:OGS - Get Free Report) last released its earnings results on Monday, August 5th. The utilities provider reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.49 by ($0.01). The company had revenue of $354.14 million for the quarter, compared to analysts' expectations of $362.06 million. ONE Gas had a return on equity of 8.04% and a net margin of 10.83%. The firm's revenue for the quarter was down 11.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.58 EPS. As a group, analysts predict that ONE Gas, Inc. will post 3.86 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on OGS. StockNews.com cut ONE Gas from a "hold" rating to a "sell" rating in a research note on Saturday, July 20th. Wells Fargo & Company raised their price target on shares of ONE Gas from $80.00 to $82.00 and gave the company an "overweight" rating in a report on Wednesday, October 16th. Finally, Morgan Stanley boosted their price objective on shares of ONE Gas from $63.00 to $69.00 and gave the stock an "equal weight" rating in a research note on Wednesday, September 25th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $68.30.

ONE Gas Company 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.