Swiss National Bank boosted its holdings in ONE Gas Inc (NYSE:OGS) by 3.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 95,713 shares of the utilities provider’s stock after buying an additional 2,800 shares during the quarter. Swiss National Bank’s holdings in ONE Gas were worth $8,521,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. CWM LLC purchased a new stake in shares of ONE Gas during the 1st quarter valued at about $68,000. Oppenheimer Asset Management Inc. purchased a new position in ONE Gas in the fourth quarter valued at about $158,000. Meeder Asset Management Inc. grew its stake in ONE Gas by 14,950.0% in the first quarter. Meeder Asset Management Inc. now owns 2,107 shares of the utilities provider’s stock valued at $188,000 after purchasing an additional 2,093 shares during the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC grew its stake in ONE Gas by 81.8% in the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 2,122 shares of the utilities provider’s stock valued at $188,000 after purchasing an additional 955 shares during the last quarter. Finally, Virtu Financial LLC purchased a new position in ONE Gas in the first quarter valued at about $200,000. 75.93% of the stock is owned by institutional investors and hedge funds.
OGS opened at $90.79 on Friday. ONE Gas Inc has a 1 year low of $69.39 and a 1 year high of $91.18. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.71 and a current ratio of 0.78. The stock has a market capitalization of $4.77 billion, a price-to-earnings ratio of 27.94, a P/E/G ratio of 4.48 and a beta of 0.35.
The company also recently announced a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Wednesday, May 15th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date was Tuesday, May 14th. ONE Gas’s dividend payout ratio (DPR) is 61.54%.
In related news, Director Eduardo A. Rodriguez sold 500 shares of ONE Gas stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $89.04, for a total transaction of $44,520.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.76% of the company’s stock.
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ONE Gas Profile
ONE Gas, Inc operates as a regulated natural gas distribution utility company in the United States. The company operates through three divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service. It serves residential, commercial, and industrial and transportation customers, as well as provides natural gas distribution services to wholesale and public authority customers.
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