Global X Management Co. LLC boosted its position in Oneok Partners LP (NYSE:OKS) by 14.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 668,095 shares of the pipeline company’s stock after buying an additional 82,381 shares during the period. Oneok Partners makes up 1.1% of Global X Management Co. LLC’s portfolio, making the stock its 11th largest position. Global X Management Co. LLC’s holdings in Oneok Partners were worth $34,120,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in OKS. Capital Advisors Inc. OK increased its position in Oneok Partners by 9.4% in the first quarter. Capital Advisors Inc. OK now owns 23,689 shares of the pipeline company’s stock worth $1,279,000 after buying an additional 2,030 shares during the period. Paragon Capital Management Ltd bought a new stake in shares of Oneok Partners during the first quarter worth about $266,000. Stonebridge Capital Management Inc. bought a new stake in shares of Oneok Partners during the first quarter worth about $243,000. Sigma Planning Corp boosted its stake in shares of Oneok Partners by 4.2% in the first quarter. Sigma Planning Corp now owns 6,704 shares of the pipeline company’s stock worth $362,000 after buying an additional 270 shares in the last quarter. Finally, Adams Asset Advisors LLC boosted its stake in shares of Oneok Partners by 100.1% in the first quarter. Adams Asset Advisors LLC now owns 66,399 shares of the pipeline company’s stock worth $3,584,000 after buying an additional 33,214 shares in the last quarter. 41.23% of the stock is owned by hedge funds and other institutional investors.

Shares of Oneok Partners LP (NYSE:OKS) opened at 51.07 on Tuesday. Oneok Partners LP has a 1-year low of $36.13 and a 1-year high of $57.41. The company has a 50-day moving average price of $49.23 and a 200-day moving average price of $49.70.

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A number of equities research analysts have recently issued reports on the company. BidaskClub cut Oneok Partners from a “hold” rating to a “sell” rating in a research note on Saturday, June 10th. Royal Bank Of Canada reiterated a “hold” rating and set a $57.00 price objective on shares of Oneok Partners in a research note on Friday, May 12th. Jefferies Group LLC set a $50.00 price objective on Oneok Partners and gave the stock a “hold” rating in a research note on Friday, June 16th. Guggenheim assumed coverage on Oneok Partners in a research note on Monday, April 17th. They set a “neutral” rating and a $53.00 price objective on the stock. Finally, BMO Capital Markets set a $53.00 price objective on Oneok Partners and gave the stock a “hold” rating in a research note on Tuesday, May 2nd. Fourteen analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average 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.

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

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