ONE Gas, Inc. (NYSE:OGS) Shares Sold by AQR Capital Management LLC

AQR Capital Management LLC decreased its holdings in shares of ONE Gas, Inc. (NYSE:OGS - Free Report) by 10.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 58,442 shares of the utilities provider's stock after selling 6,554 shares during the quarter. AQR Capital Management LLC owned about 0.10% of ONE Gas worth $4,047,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of OGS. UMB Bank n.a. raised its stake in shares of ONE Gas by 3,620.0% in the fourth quarter. UMB Bank n.a. now owns 372 shares of the utilities provider's stock worth $26,000 after acquiring an additional 362 shares during the last quarter. Coppell Advisory Solutions LLC acquired a new stake in shares of ONE Gas in the 4th quarter valued at approximately $26,000. Crews Bank & Trust acquired a new position in shares of ONE Gas in the 4th quarter valued at $35,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of ONE Gas during the third quarter worth about $45,000. Finally, Sound Income Strategies LLC bought a new stake in shares of ONE Gas during the fourth quarter worth $51,000. Institutional investors own 88.71% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on OGS shares. LADENBURG THALM/SH SH raised ONE Gas to a "hold" rating in a research report on Friday. Jefferies Financial Group raised shares of ONE Gas from a "hold" rating to a "buy" rating and lifted their price target for the company from $76.00 to $84.00 in a report on Monday, April 7th. Morgan Stanley set a $74.00 target price on ONE Gas and gave the stock an "outperform" rating in a research report on Wednesday, April 23rd. Wells Fargo & Company increased their target price on shares of ONE Gas from $82.00 to $89.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 7th. Finally, Guggenheim boosted their target price on shares of ONE Gas from $69.00 to $73.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $76.44.

ONE Gas Stock Performance

NYSE OGS traded down $1.42 during trading hours on Tuesday, hitting $73.18. The company's stock had a trading volume of 1,027,667 shares, compared to its average volume of 439,455. The company has a market cap of $4.39 billion, a P/E ratio of 18.72, a price-to-earnings-growth ratio of 3.64 and a beta of 0.86. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.64 and a quick ratio of 0.37. The company's 50 day simple moving average is $75.62 and its two-hundred day simple moving average is $73.34. ONE Gas, Inc. has a 12 month low of $58.31 and a 12 month high of $82.25.

ONE Gas (NYSE:OGS - Get Free Report) last announced its earnings results on Monday, May 5th. The utilities provider reported $1.98 EPS for the quarter, topping analysts' consensus estimates of $1.85 by $0.13. ONE Gas had a return on equity of 7.70% and a net margin of 10.70%. The company had revenue of $935.19 million for the quarter, compared to analysts' expectations of $882.31 million. During the same period last year, the firm earned $1.75 EPS. ONE Gas's revenue for the quarter was up 23.3% compared to the same quarter last year. As a group, sell-side analysts expect that ONE Gas, Inc. will post 4.26 EPS for the current fiscal year.

ONE Gas Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th will be paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date is Monday, May 19th. ONE Gas's dividend payout ratio is currently 64.73%.

About ONE Gas

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.