6,863 Shares in ONE Gas, Inc. (NYSE:OGS) Acquired by Three Seasons Wealth LLC

Three Seasons Wealth LLC bought a new position in ONE Gas, Inc. (NYSE:OGS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 6,863 shares of the utilities provider's stock, valued at approximately $475,000.

A number of other large investors have also added to or reduced their stakes in the stock. Arizona State Retirement System grew its position in ONE Gas by 0.9% in the 4th quarter. Arizona State Retirement System now owns 16,442 shares of the utilities provider's stock worth $1,139,000 after purchasing an additional 152 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in shares of ONE Gas by 0.9% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 21,615 shares of the utilities provider's stock worth $1,497,000 after acquiring an additional 187 shares during the last quarter. LPL Financial LLC boosted its stake in shares of ONE Gas by 0.8% during the 4th quarter. LPL Financial LLC now owns 28,800 shares of the utilities provider's stock worth $1,994,000 after acquiring an additional 220 shares during the last quarter. Guggenheim Capital LLC boosted its stake in shares of ONE Gas by 4.1% during the 4th quarter. Guggenheim Capital LLC now owns 6,907 shares of the utilities provider's stock worth $478,000 after acquiring an additional 269 shares during the last quarter. Finally, WINTON GROUP Ltd boosted its stake in shares of ONE Gas by 2.0% during the 4th quarter. WINTON GROUP Ltd now owns 15,359 shares of the utilities provider's stock worth $1,064,000 after acquiring an additional 304 shares during the last quarter. Institutional investors own 88.71% of the company's stock.

ONE Gas Price Performance

Shares of ONE Gas stock traded down $0.22 during trading hours on Wednesday, reaching $78.07. The company's stock had a trading volume of 191,769 shares, compared to its average volume of 418,175. The firm has a 50 day moving average price of $74.91 and a 200-day moving average price of $73.04. ONE Gas, Inc. has a one year low of $58.31 and a one year high of $79.24. 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 stock has a market cap of $4.68 billion, a P/E ratio of 19.97, a P/E/G ratio of 3.64 and a beta of 0.74.

ONE Gas (NYSE:OGS - Get Free Report) last posted its earnings results on Wednesday, February 19th. The utilities provider reported $1.34 earnings per share for the quarter, hitting analysts' consensus estimates of $1.34. ONE Gas had a net margin of 10.70% and a return on equity of 7.70%. The firm had revenue of $630.70 million for the quarter, compared to the consensus estimate of $973.58 million. On average, analysts predict that ONE Gas, Inc. will post 4.26 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. LADENBURG THALM/SH SH upgraded shares of ONE Gas to a "hold" rating in a research note on Monday, March 17th. Morgan Stanley set a $74.00 price target on shares of ONE Gas and gave the stock an "outperform" rating in a research note on Wednesday, April 23rd. StockNews.com upgraded shares of ONE Gas from a "sell" rating to a "hold" rating in a research note on Wednesday, March 12th. Finally, Jefferies Financial Group upgraded shares of ONE Gas from a "hold" rating to a "buy" rating and lifted their target price for the company from $76.00 to $84.00 in a research note on Monday, April 7th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $75.79.

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.