GSA Capital Partners LLP acquired a new stake in shares of Oneok Partners LP (NYSE:OKS) during the second quarter, Holdings Channel reports. The fund acquired 9,277 shares of the company’s stock, valued at approximately $372,000.

Several other large investors also recently added to or reduced their stakes in OKS. Energy Income Partners LLC boosted its stake in Oneok Partners by 378.8% in the first quarter. Energy Income Partners LLC now owns 3,109,540 shares of the company’s stock valued at $97,639,000 after buying an additional 2,460,062 shares during the last quarter. Harvest Fund Advisors LLC boosted its stake in Oneok Partners by 13.7% in the first quarter. Harvest Fund Advisors LLC now owns 3,080,898 shares of the company’s stock valued at $96,740,000 after buying an additional 370,155 shares during the last quarter. Bank of Montreal Can bought a new stake in Oneok Partners during the second quarter valued at about $114,775,000. Creative Planning boosted its stake in Oneok Partners by 1.0% in the second quarter. Creative Planning now owns 923,276 shares of the company’s stock valued at $36,986,000 after buying an additional 9,075 shares during the last quarter. Finally, Barclays PLC boosted its stake in Oneok Partners by 12.8% in the first quarter. Barclays PLC now owns 605,849 shares of the company’s stock valued at $18,782,000 after buying an additional 68,652 shares during the last quarter.

Shares of Oneok Partners LP (NYSE:OKS) traded down 1.48% during mid-day trading on Friday, hitting $38.68. 386,918 shares of the stock were exchanged. The company has a 50-day moving average price of $39.45 and a 200-day moving average price of $37.33. Oneok Partners LP has a 12 month low of $21.86 and a 12 month high of $42.34. The stock has a market cap of $11.06 billion, a price-to-earnings ratio of 32.89 and a beta of 0.39.

Oneok Partners (NYSE:OKS) last announced its earnings results on Tuesday, August 2nd. The company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by $0.14. During the same quarter in the previous year, the firm posted $0.44 earnings per share. Equities analysts expect that Oneok Partners LP will post $2.27 earnings per share for the current year.

Several equities research analysts have recently issued reports on OKS shares. Robert W. Baird upgraded shares of Oneok Partners from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $24.00 to $45.00 in a research report on Friday, August 12th. Jefferies Group lifted their price objective on shares of Oneok Partners from $40.00 to $41.00 and gave the company a “hold” rating in a research report on Monday, July 25th. Royal Bank Of Canada lifted their price objective on shares of Oneok Partners from $37.00 to $40.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 16th. JPMorgan Chase & Co. upgraded shares of Oneok Partners from an “underweight” rating to a “neutral” rating and lifted their price objective for the company from $34.00 to $40.00 in a research report on Monday, September 5th. Finally, Zacks Investment Research upgraded shares of Oneok Partners from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a research report on Monday, July 11th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the stock. Oneok Partners currently has an average rating of “Hold” and an average target price of $38.53.

In other news, insider John William Gibson acquired 5,000 shares of the firm’s stock in a transaction on Monday, September 12th. The shares were bought at an average price of $38.09 per share, for a total transaction of $190,450.00. Following the acquisition, the insider now owns 105,000 shares of the company’s stock, valued at approximately $3,999,450. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Oneok Partners Company Profile

ONEOK Partners, L.P. is engaged in gathering, processing, storage and transportation of natural gas in the United States. In addition, the Company owns natural gas liquids (NGL) systems, connecting NGL supply in the Mid-Continent, Permian and Rocky Mountain regions. The Company’s segments are Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines.

5 Day Chart for NYSE:OKS

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