Susquehanna International Group LLP Has $1.68 Million Holdings in ONE Gas, Inc. (NYSE:OGS)

Susquehanna International Group LLP lifted its holdings in ONE Gas, Inc. (NYSE:OGS - Free Report) by 942.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,188 shares of the utilities provider's stock after purchasing an additional 21,867 shares during the period. Susquehanna International Group LLP's holdings in ONE Gas were worth $1,675,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Norges Bank acquired a new stake in shares of ONE Gas during the fourth quarter worth approximately $43,344,000. Bank of Montreal Can raised its holdings in ONE Gas by 1,421.7% during the 4th quarter. Bank of Montreal Can now owns 489,028 shares of the utilities provider's stock worth $33,865,000 after buying an additional 456,891 shares during the period. JPMorgan Chase & Co. raised its stake in shares of ONE Gas by 21.3% in the 4th quarter. JPMorgan Chase & Co. now owns 864,245 shares of the utilities provider's stock valued at $59,849,000 after purchasing an additional 152,028 shares during the period. Barclays PLC lifted its position in shares of ONE Gas by 105.6% in the third 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 grew its holdings 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 valued at $9,758,000 after acquiring an additional 53,800 shares in the last quarter. Institutional investors and hedge funds own 88.71% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on OGS shares. Guggenheim boosted their target price on ONE Gas from $69.00 to $73.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Jefferies Financial Group upgraded shares of ONE Gas from a "hold" rating to a "buy" rating and increased their price objective for the stock from $76.00 to $84.00 in a research note on Monday, April 7th. Wells Fargo & Company raised their price objective on ONE Gas from $82.00 to $89.00 and gave the company an "overweight" rating in a research note on Wednesday, May 7th. LADENBURG THALM/SH SH raised shares of ONE Gas to a "hold" rating in a report on Friday, May 9th. Finally, Morgan Stanley set a $74.00 price objective on shares of ONE Gas and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $76.44.

ONE Gas Trading Up 0.4%

NYSE:OGS traded up $0.28 during mid-day trading on Friday, hitting $74.43. 133,940 shares of the company's stock were exchanged, compared to its average volume of 508,200. ONE Gas, Inc. has a fifty-two week low of $58.31 and a fifty-two week high of $82.25. 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 firm has a market capitalization of $4.46 billion, a P/E ratio of 19.03, a PEG ratio of 3.64 and a beta of 0.86. The company has a 50 day simple moving average of $75.56 and a 200-day simple moving average of $73.33.

ONE Gas (NYSE:OGS - Get Free Report) last issued its quarterly 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 net margin of 10.70% and a return on equity of 7.70%. The company had revenue of $935.19 million for the quarter, compared to analyst estimates of $882.31 million. During the same quarter in the previous year, the business earned $1.75 earnings per share. ONE Gas's revenue was up 23.3% compared to the same quarter last year. As a group, research analysts expect that ONE Gas, Inc. will post 4.26 earnings per share for the current year.

ONE Gas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Monday, May 19th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date of this dividend is Monday, May 19th. ONE Gas's dividend payout ratio is currently 64.73%.

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.