Traders sold shares of Oneok Inc. (NYSE:OKE) on strength during trading on Friday. $14.86 million flowed into the stock on the tick-up and $27.32 million flowed out of the stock on the tick-down, for a money net flow of $12.46 million out of the stock. Of all equities tracked, Oneok had the 0th highest net out-flow for the day. Oneok traded up $0.63 for the day and closed at $48.12

OKE has been the topic of a number of analyst reports. Royal Bank Of Canada initiated coverage on Oneok in a report on Monday, March 28th. They issued a “sector perform” rating and a $35.00 price target on the stock. Simmons initiated coverage on Oneok in a research note on Saturday, April 2nd. They set a “hold” rating on the stock. Barclays PLC restated a “hold” rating on shares of Oneok in a research note on Tuesday, April 12th. Citigroup Inc. boosted their target price on Oneok from $24.00 to $35.00 and gave the stock a “buy” rating in a research note on Tuesday, April 19th. Finally, BMO Capital Markets initiated coverage on Oneok in a research note on Tuesday, April 19th. They set a “market perform” rating and a $29.00 target price on the stock. One analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $34.31.

The stock’s 50-day moving average is $46.01 and its 200 day moving average is $33.24. The company has a market capitalization of $10.11 billion and a price-to-earnings ratio of 37.98.

Oneok (NYSE:OKE) last announced its quarterly earnings data on Tuesday, May 3rd. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by $0.01. During the same quarter last year, the business posted $0.29 earnings per share. Equities analysts expect that Oneok Inc. will post $1.77 earnings per share for the current year.

Other institutional investors have bought and sold shares of the company. Suntrust Banks Inc. raised its position in Oneok by 115.9% in the fourth quarter. Suntrust Banks Inc. now owns 41,416 shares of the company’s stock valued at $1,021,000 after buying an additional 22,233 shares during the period. GAM Holding AG raised its position in Oneok by 825.2% in the fourth quarter. GAM Holding AG now owns 46,934 shares of the company’s stock valued at $1,157,000 after buying an additional 41,861 shares during the period. Aberdeen Asset Management PLC UK raised its position in Oneok by 11.7% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 55,499 shares of the company’s stock valued at $2,036,000 after buying an additional 5,794 shares during the period. Gulf International Bank UK Ltd raised its position in Oneok by 1.0% in the fourth quarter. Gulf International Bank UK Ltd now owns 60,206 shares of the company’s stock valued at $1,485,000 after buying an additional 600 shares during the period. Finally, Nationwide Fund Advisors raised its position in Oneok by 1.7% in the fourth quarter. Nationwide Fund Advisors now owns 62,652 shares of the company’s stock valued at $1,545,000 after buying an additional 1,046 shares during the period.

ONEOK, Inc is the sole general partner of ONEOK Partners, L.P. (ONEOK Partners), a master limited partnership engaged in the gathering, processing, storage and transportation of natural gas in the United States. The Company operates through three business segments: Natural Gas Gathering and Processing, Natural Gas Liquids and Natural Gas Pipelines.

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