ONEOK, Inc. (OKE) Shares Sold by Mariner Wealth Advisors LLC

Mariner Wealth Advisors LLC cut its stake in shares of ONEOK, Inc. (NYSE:OKE) by 11.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 45,274 shares of the utilities provider’s stock after selling 5,724 shares during the period. Mariner Wealth Advisors LLC’s holdings in ONEOK were worth $2,420,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of OKE. Winslow Evans & Crocker Inc. grew its holdings in shares of ONEOK by 462.9% during the third quarter. Winslow Evans & Crocker Inc. now owns 1,970 shares of the utilities provider’s stock worth $109,000 after buying an additional 1,620 shares in the last quarter. Mercer Capital Advisers Inc. grew its holdings in shares of ONEOK by 229.8% during the third quarter. Mercer Capital Advisers Inc. now owns 1,979 shares of the utilities provider’s stock worth $110,000 after buying an additional 1,379 shares in the last quarter. Enterprise Financial Services Corp grew its holdings in shares of ONEOK by 332.8% during the third quarter. Enterprise Financial Services Corp now owns 2,268 shares of the utilities provider’s stock worth $126,000 after buying an additional 1,744 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of ONEOK by 562.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,735 shares of the utilities provider’s stock worth $147,000 after buying an additional 2,322 shares in the last quarter. Finally, Fieldpoint Private Securities LLC purchased a new stake in shares of ONEOK during the third quarter worth $150,000. Institutional investors own 66.24% of the company’s stock.

A number of research firms have recently issued reports on OKE. Credit Suisse Group began coverage on shares of ONEOK in a report on Monday, January 8th. They set an “outperform” rating and a $62.00 target price for the company. JPMorgan Chase & Co. upped their price objective on shares of ONEOK from $58.00 to $62.00 and gave the company a “neutral” rating in a report on Monday, February 12th. Mizuho reissued a “hold” rating and issued a $61.00 price objective on shares of ONEOK in a report on Tuesday, January 23rd. Zacks Investment Research lowered shares of ONEOK from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Finally, Wells Fargo & Co raised shares of ONEOK from a “market perform” rating to an “outperform” rating in a report on Thursday, January 11th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $60.15.

ONEOK, Inc. (NYSE OKE) opened at $57.02 on Wednesday. ONEOK, Inc. has a 1 year low of $47.14 and a 1 year high of $61.36. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.55 and a quick ratio of 0.41. The company has a market cap of $23,360.20, a PE ratio of 35.57, a price-to-earnings-growth ratio of 1.77 and a beta of 1.26.

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 14th. Shareholders of record on Monday, January 29th were given a $0.77 dividend. The ex-dividend date of this dividend was Friday, January 26th. This represents a $3.08 dividend on an annualized basis and a yield of 5.40%. This is a boost from ONEOK’s previous quarterly dividend of $0.75. ONEOK’s dividend payout ratio is presently 192.50%.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by BBNS and is owned by of BBNS. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at https://baseballnewssource.com/markets/oneok-inc-oke-shares-sold-by-mariner-wealth-advisors-llc/1898209.html.

ONEOK Company Profile

ONEOK, Inc is an energy midstream service provider in the United States. The Company owns and operates natural gas liquids (NGL) systems, and is engaged in the gathering, processing, storage and transportation of natural gas. THe Company’s operations include a 38,000-mile integrated network of NGL and natural gas pipelines, processing plants, fractionators and storage facilities in the Mid-Continent, Williston, Permian and Rocky Mountain regions.

Want to see what other hedge funds are holding OKE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ONEOK, Inc. (NYSE:OKE).

Institutional Ownership by Quarter for ONEOK (NYSE:OKE)

Receive News & Ratings for ONEOK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ONEOK and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Three-Way Trade Sends Souza to Diamondbacks and Drury to Yankees
Three-Way Trade Sends Souza to Diamondbacks and Drury to Yankees
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Cubs Sign Free Agent Yu Darvish
Cubs Sign Free Agent Yu Darvish
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped


Leave a Reply

 
© 2006-2018 BBNS.