Ahl Partners Llp buys $13,686,551 stake in ONE Gas Inc (OGS)

ONE Gas Inc (OGS) : Ahl Partners Llp scooped up 174,541 additional shares in ONE Gas Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 218,635 shares of ONE Gas Inc which is valued at $13,686,551.ONE Gas Inc makes up approximately 0.82% of Ahl Partners Llp’s portfolio.

Other Hedge Funds, Including , Envestnet Asset Management Inc added OGS to its portfolio by purchasing 2,002 company shares during the most recent quarter which is valued at $125,325. Keeley Asset Management Corp sold out all of its stake in OGS during the most recent quarter. The investment firm sold 321,954 shares of OGS which is valued $20,154,320.O’shaughnessy Asset Management boosted its stake in OGS in the latest quarter, The investment management firm added 2,221 additional shares and now holds a total of 6,659 shares of ONE Gas Inc which is valued at $416,853. ONE Gas Inc makes up approx 0.01% of O’shaughnessy Asset Management’s portfolio.Ameritas Investment Partners boosted its stake in OGS in the latest quarter, The investment management firm added 362 additional shares and now holds a total of 12,307 shares of ONE Gas Inc which is valued at $770,418. ONE Gas Inc makes up approx 0.05% of Ameritas Investment Partners’s portfolio.Advisors Asset Management boosted its stake in OGS in the latest quarter, The investment management firm added 1,162 additional shares and now holds a total of 24,049 shares of ONE Gas Inc which is valued at $1,507,151. ONE Gas Inc makes up approx 0.02% of Advisors Asset Management’s portfolio.

ONE Gas Inc opened for trading at $61.27 and hit $61.79 on the upside on Thursday, eventually ending the session at $61.43, with a gain of 0.33% or 0.2 points. The heightened volatility saw the trading volume jump to 1,45,689 shares. Company has a market cap of $3,209 M.

On the company’s financial health, ONE Gas Inc reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $0.31. The company had revenue of $245.92 million for the quarter, compared to analysts expectations of $307.84 million. The company’s revenue was down -4.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.23 EPS.

Many Wall Street Analysts have commented on ONE Gas Inc. ONE Gas Inc was Initiated by Wells Fargo to “Market Perform” on Aug 30, 2016. ONE Gas Inc was Downgraded by Jefferies to ” Underperform” on Jul 25, 2016. ONE Gas Inc was Initiated by BB&T Capital Mkts to “Hold” on Jun 22, 2016.

ONE Gas Inc. is an independent natural gas utility in the United States. The Company is a natural gas distributor in Oklahoma Kansas and Texas. The Company provides natural gas distribution services approximately to two million customers through its divisions in Oklahoma Kansas and Texas. The Company’s distribution markets are in terms of customers are Oklahoma City and Tulsa Oklahoma; Kansas City Wichita and Topeka Kansas and Austin and El Paso Texas. The Company’s divisions include Oklahoma Natural Gas Kansas Gas Service and Texas Gas Service. Its divisions Oklahoma Natural Gas Kansas Gas Service and Texas Gas Service distribute natural gas as public utilities to approximately 87 % 72 % and 14 % of the natural gas distribution customers in Oklahoma Kansas and Texas respectively.

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