Chicago Partners Investment Group LLC boosted its stake in shares of Oneok Partners LP (NYSE:OKS) by 69.7% during the second quarter, Holdings Channel reports. The institutional investor owned 110,486 shares of the pipeline company’s stock after buying an additional 45,377 shares during the period. Oneok Partners accounts for 1.3% of Chicago Partners Investment Group LLC’s investment portfolio, making the stock its 20th largest position. Chicago Partners Investment Group LLC’s holdings in Oneok Partners were worth $5,149,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in OKS. Oppenheimer Asset Management Inc. purchased a new stake in Oneok Partners during the first quarter valued at approximately $292,000. Penserra Capital Management LLC raised its stake in Oneok Partners by 34.9% in the first quarter. Penserra Capital Management LLC now owns 4,161 shares of the pipeline company’s stock valued at $224,000 after buying an additional 1,077 shares in the last quarter. Vivaldi Asset Management LLC purchased a new stake in Oneok Partners during the first quarter valued at approximately $26,640,000. Weiss Multi Strategy Advisers LLC purchased a new stake in Oneok Partners during the first quarter valued at approximately $7,399,000. Finally, Advisory Services Network LLC purchased a new stake in Oneok Partners during the first quarter valued at approximately $387,000. Institutional investors own 41.23% of the company’s stock.

Shares of Oneok Partners LP (NYSE:OKS) opened at 51.07 on Friday. Oneok Partners LP has a 12 month low of $36.13 and a 12 month high of $57.41. The stock has a 50 day moving average of $49.23 and a 200 day moving average of $49.70.

COPYRIGHT VIOLATION WARNING: This news story was originally published by Daily Political and is owned by of Daily Political. If you are viewing this news story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this news story can be viewed at https://www.dailypolitical.com/2017/08/06/chicago-partners-investment-group-llc-has-5-15-million-position-in-oneok-partners-lp-nyseoks.html.

OKS has been the topic of several analyst reports. Royal Bank Of Canada restated a “hold” rating and set a $57.00 price target on shares of Oneok Partners in a research report on Friday, May 12th. BMO Capital Markets set a $53.00 price target on shares of Oneok Partners and gave the company a “hold” rating in a research report on Tuesday, May 2nd. Guggenheim initiated coverage on shares of Oneok Partners in a research report on Monday, April 17th. They set a “neutral” rating and a $53.00 price target on the stock. BidaskClub upgraded shares of Oneok Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, June 21st. Finally, Jefferies Group LLC set a $50.00 price target on shares of Oneok Partners and gave the company a “hold” rating in a research report on Friday, June 16th. Fourteen analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $47.85.

About Oneok Partners

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. It operates through three segments: Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines.

Want to see what other hedge funds are holding OKS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oneok Partners LP (NYSE:OKS).

Institutional Ownership by Quarter for Oneok Partners (NYSE:OKS)

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