Are ONE Gas (NYSE:OGS) Shares Headed North? Jefferies Issues Upgrade.

April 26, 2018 - By Stephen Andrade

ONE Gas, Inc. (NYSE:OGS) Logo

Investors sentiment increased to 1.26 in 2017 Q4. Its up 0.48, from 0.78 in 2017Q3. It increased, as 15 investors sold ONE Gas, Inc. shares while 79 reduced holdings. 45 funds opened positions while 73 raised stakes. 37.37 million shares or 0.43% more from 37.21 million shares in 2017Q3 were reported.

Advsrs Asset Mgmt Incorporated reported 15,187 shares. Ameriprise Fincl owns 464,436 shares or 0.02% of their US portfolio. Virginia Retirement Sys Et Al holds 122,700 shares. Northern Trust owns 1.24 million shares or 0.02% of their US portfolio. Gemmer Asset Management Lc has invested 0% in ONE Gas, Inc. (NYSE:OGS). Laurion Capital Limited Partnership has invested 0% of its portfolio in ONE Gas, Inc. (NYSE:OGS). Commonwealth Of Pennsylvania School Empls Retrmt owns 7,635 shares. Thrivent For Lutherans reported 0% in ONE Gas, Inc. (NYSE:OGS). Fdx Advsrs reported 0.01% stake. Moreover, D L Carlson Invest Group has 0.57% invested in ONE Gas, Inc. (NYSE:OGS) for 26,269 shares. Segall Bryant And Hamill has invested 0.01% in ONE Gas, Inc. (NYSE:OGS). Spark Inv Mgmt Limited Liability Corporation reported 0.15% stake. Hightower Advsrs invested in 18,610 shares. San Francisco Sentry Investment Grp Inc (Ca) reported 1,125 shares stake. Prudential has invested 0.01% in ONE Gas, Inc. (NYSE:OGS).

ONE Gas (NYSE:OGS) Stock Upgrade

ONE Gas (NYSE:OGS)‘s stock was raised to a solid “Hold” by investment analysts at Jefferies. OGS’s past “Underperform” rating is has been discontinued by the brokerage firm.

Investors sentiment increased to 1.26 in 2017 Q4. Its up 0.48, from 0.78 in 2017Q3. It increased, as 15 investors sold ONE Gas, Inc. shares while 79 reduced holdings. 45 funds opened positions while 73 raised stakes. 37.37 million shares or 0.43% more from 37.21 million shares in 2017Q3 were reported.

Advsrs Asset Mgmt Incorporated reported 15,187 shares. Ameriprise Fincl owns 464,436 shares or 0.02% of their US portfolio. Virginia Retirement Sys Et Al holds 122,700 shares. Northern Trust owns 1.24 million shares or 0.02% of their US portfolio. Gemmer Asset Management Lc has invested 0% in ONE Gas, Inc. (NYSE:OGS). Laurion Capital Limited Partnership has invested 0% of its portfolio in ONE Gas, Inc. (NYSE:OGS). Commonwealth Of Pennsylvania School Empls Retrmt owns 7,635 shares. Thrivent For Lutherans reported 0% in ONE Gas, Inc. (NYSE:OGS). Fdx Advsrs reported 0.01% stake. Moreover, D L Carlson Invest Group has 0.57% invested in ONE Gas, Inc. (NYSE:OGS) for 26,269 shares. Segall Bryant And Hamill has invested 0.01% in ONE Gas, Inc. (NYSE:OGS). Spark Inv Mgmt Limited Liability Corporation reported 0.15% stake. Hightower Advsrs invested in 18,610 shares. San Francisco Sentry Investment Grp Inc (Ca) reported 1,125 shares stake. Prudential has invested 0.01% in ONE Gas, Inc. (NYSE:OGS).

ONE Gas, Inc. (NYSE:OGS) Ratings Coverage

Among 3 analysts covering ONE Gas (NYSE:OGS), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. ONE Gas has $75 highest and $61.0 lowest target. $66.33’s average target is -2.98% below currents $68.37 stock price. ONE Gas had 8 analyst reports since November 13, 2017 according to SRatingsIntel. The stock of ONE Gas, Inc. (NYSE:OGS) has “Sell” rating given on Wednesday, December 20 by Jefferies. As per Tuesday, February 13, the company rating was maintained by Wells Fargo. The stock of ONE Gas, Inc. (NYSE:OGS) has “Sell” rating given on Friday, January 12 by Jefferies. As per Wednesday, December 13, the company rating was maintained by Morgan Stanley. The stock has “Underweight” rating by Morgan Stanley on Monday, April 16. The firm has “Underweight” rating by Morgan Stanley given on Tuesday, February 13. Jefferies upgraded the stock to “Hold” rating in Wednesday, April 25 report. Morgan Stanley maintained the shares of OGS in report on Monday, November 13 with “Underperform” rating.

The stock decreased 0.03% or $0.02 during the last trading session, reaching $68.37. About 205,060 shares traded. ONE Gas, Inc. (NYSE:OGS) has declined 3.49% since April 26, 2017 and is downtrending. It has underperformed by 15.04% the S&P500.

Analysts await ONE Gas, Inc. (NYSE:OGS) to report earnings on April, 30 after the close. They expect $1.47 EPS, up 2.08 % or $0.03 from last year’s $1.44 per share. OGS’s profit will be $77.12 million for 11.63 P/E if the $1.47 EPS becomes a reality. After $0.86 actual EPS reported by ONE Gas, Inc. for the previous quarter, Wall Street now forecasts 70.93 % EPS growth.

ONE Gas, Inc. operates as a regulated natural gas distribution utility firm in the United States. The company has market cap of $3.59 billion. The firm operates through three divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service. It has a 22.2 P/E ratio. It distributes natural gas to residential, commercial and industrial, transportation, and wholesale and public authority customers.

ONE Gas, Inc. (NYSE:OGS) Institutional Positions Chart

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