Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

What do Hedge Funds Think of ONE Gas Inc (OGS)?

Page 1 of 2

We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the government. The 13F filings show the funds’ and investors’ portfolio positions as of September 30. In this article, we look at what those funds think of ONE Gas Inc (NYSE:OGS) based on that data.

Is ONE Gas Inc (NYSE:OGS) a buy right now? The smart money is buying. The number of long hedge fund bets improved by 3 recently. The level and the change in hedge fund popularity aren’t the only variables you need to analyze to decipher hedge funds’ perspectives. A stock may witness a boost in popularity but it may still be less popular than similarly priced stocks. That’s why at the end of this article we will examine companies such as Momo Inc (ADR) (NASDAQ:MOMO), Weibo Corp (ADR) (NASDAQ:WB), and Diamond Offshore Drilling Inc (NYSE:DO) to gather more data points.

Follow One Gas Inc. (NYSE:OGS)
Trade (NYSE:OGS) Now!

At the moment there are plenty of metrics stock traders use to appraise publicly traded companies. A pair of the most underrated metrics are hedge fund and insider trading indicators. Our experts have shown that, historically, those who follow the best picks of the elite hedge fund managers can outclass the broader indices by a superb amount (see the details here).

With all of this in mind, we’re going to take a peek at the latest action encompassing ONE Gas Inc (NYSE:OGS).

What does the smart money think about ONE Gas Inc (NYSE:OGS)?

At Q3’s end, a total of 12 of the hedge funds tracked by Insider Monkey were bullish on this stock, a change of 33% from the second quarter. With the smart money’s capital changing hands, there exists a few notable hedge fund managers who were increasing their stakes considerably (or already accumulated large positions).

Of the funds tracked by Insider Monkey, Phill Gross and Robert Atchinson’s Adage Capital Management has the most valuable position in ONE Gas Inc (NYSE:OGS), worth close to $18.1 million, accounting for 0.1% of its total 13F portfolio. Sitting at the No. 2 spot is D E Shaw, managed by D. E. Shaw, which holds a $7.9 million position; the fund has less than 0.1% of its 13F portfolio invested in the stock. Other professional money managers with similar optimism consist of Cliff Asness’s AQR Capital Management, Joel Greenblatt’s Gotham Asset Management and Mario Gabelli’s GAMCO Investors.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!