Oneok Inc. (NYSE:OKE)’s share price rose 2.1% during mid-day trading on Tuesday . The stock traded as high as $44.14 and last traded at $43.89, with a volume of 2,299,544 shares trading hands. The stock had previously closed at $42.99.

OKE has been the topic of several research analyst reports. Jefferies Group cut Oneok from a “buy” rating to a “hold” rating and boosted their target price for the company from $34.00 to $42.00 in a research note on Wednesday, June 8th. Barclays PLC raised Oneok from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $27.00 to $49.00 in a research note on Monday, May 9th. US Capital Advisors cut Oneok from an “overweight” rating to a “hold” rating in a research note on Wednesday, May 18th. Citigroup Inc. boosted their target price on Oneok from $35.00 to $53.00 and gave the company a “buy” rating in a research note on Friday, June 17th. Finally, Zacks Investment Research raised Oneok from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a research note on Tuesday, July 26th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. Oneok has an average rating of “Hold” and a consensus target price of $36.23.

The firm’s 50 day moving average is $46.26 and its 200-day moving average is $35.25. The stock has a market cap of $9.23 billion and a P/E ratio of 34.68.

Oneok (NYSE:OKE) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by $0.03. During the same quarter in the prior year, the company earned $0.36 earnings per share. Equities research analysts predict that Oneok Inc. will post $1.78 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, August 14th. Stockholders of record on Monday, August 15th will be paid a $0.615 dividend. This represents a $2.46 annualized dividend and a dividend yield of 5.60%. The ex-dividend date of this dividend is Thursday, August 4th.

Other large investors recently bought and sold shares of the company. Suntrust Banks Inc. raised its stake 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 last quarter. State of New Jersey Common Pension Fund D raised its stake in Oneok by 7.8% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 1,200,000 shares of the company’s stock valued at $29,592,000 after buying an additional 87,000 shares during the last quarter. Atlantic Trust Group LLC raised its stake in Oneok by 36.2% in the fourth quarter. Atlantic Trust Group LLC now owns 1,397,475 shares of the company’s stock valued at $34,461,000 after buying an additional 371,798 shares during the last quarter. Andra AP fonden raised its stake in Oneok by 97.3% in the fourth quarter. Andra AP fonden now owns 111,500 shares of the company’s stock valued at $2,750,000 after buying an additional 55,000 shares during the last quarter. Finally, Aberdeen Asset Management PLC UK raised its stake 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 last quarter.

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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