Fruth Investment Management maintained its position in shares of ONE Gas Inc (NYSE:OGS) during the fourth quarter, according to its most recent 13F filing with the SEC. The hedge fund owned 5,633 shares of the company’s stock at the end of the fourth quarter. Fruth Investment Management’s holdings in ONE Gas were worth $282,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Benjamin F. Edwards & Company boosted its stake in shares of ONE Gas by 0.6% in the fourth quarter. Benjamin F. Edwards & Company now owns 28,417 shares of the company’s stock worth $1,426,000 after buying an additional 160 shares during the period. Duff & Phelps Investment Management Company acquired a new stake in shares of ONE Gas during the fourth quarter worth $1,502,000. Finally, Nisa Investment Advisors boosted its stake in shares of ONE Gas by 28.9% in the fourth quarter. Nisa Investment Advisors now owns 42,855 shares of the company’s stock worth $2,150,000 after buying an additional 9,600 shares during the period.

Shares of ONE Gas Inc (NYSE:OGS) traded up 1.30% on Friday, hitting $55.40. 36,829 shares of the stock traded hands. The stock’s 50 day moving average price is $50.14 and its 200 day moving average price is $46.78. The stock has a market cap of $2.89 billion and a P/E ratio of 25.31. ONE Gas Inc has a 52-week low of $38.88 and a 52-week high of $55.64.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 11th. Investors of record on Friday, February 26th will be issued a dividend of $0.35 per share. This is a boost from ONE Gas’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Wednesday, February 24th. This represents a $1.40 dividend on an annualized basis and a yield of 2.56%.

A number of brokerages have weighed in on OGS. TheStreet upgraded shares of ONE Gas from a “sell” rating to a “hold” rating in a report on Tuesday. Zacks Investment Research upgraded shares of ONE Gas from a “hold” rating to a “buy” rating and set a $57.00 price objective on the stock in a report on Sunday, January 24th. Finally, Jefferies Group upped their price objective on shares of ONE Gas to $44.00 and gave the stock a “hold” rating in a report on Thursday, December 3rd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. ONE Gas currently has an average rating of “Hold” and an average price target of $47.75.

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.

12 Month Chart for NYSE:OGS

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