2 weeks Ago By ABMN Staff
HBK Sorce Advisory LLC lessened its stake in ONEOK, Inc. ( NYSE:OKE – Free Report ) by 19.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission.
The fund owned 4,272 shares of the utilities provider’s stock after selling 1,005 shares during the period. HBK Sorce Advisory LLC’s holdings in ONEOK were worth $348,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently made changes to their positions in the stock.
Rise Advisors LLC bought a new stake in ONEOK in the first quarter valued at approximately $25,000. LifeSteps Financial Inc. acquired a new position in shares of ONEOK in the 1st quarter worth approximately $26,000.
Quest Partners LLC acquired a new position in shares of ONEOK in the 2nd quarter worth approximately $28,000. Ridgewood Investments LLC bought a new stake in shares of ONEOK in the 2nd quarter valued at $31,000. Finally, American National Bank acquired a new stake in shares of ONEOK during the first quarter worth $32,000.
Institutional investors and hedge funds own 69.13% of the company’s stock. Insider Activity at ONEOK In other ONEOK news, Director Pattye L.
Moore sold 3,379 shares of ONEOK stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $92.01, for a total transaction of $310,901.
79. The transaction was disclosed in a filing with the SEC, which is available through this link . 0.
20% of the stock is currently owned by insiders. Wall Street Analyst Weigh In Get Our Latest Stock Analysis on OKE ONEOK Stock Up 1.0 % Shares of NYSE OKE opened at $91.
37 on Monday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.
62 and a quick ratio of 0.41. The company has a 50-day moving average price of $86.
12 and a 200-day moving average price of $81.87. The stock has a market capitalization of $53.
33 billion, a P/E ratio of 21.25, a P/E/G ratio of 4.47 and a beta of 1.
67. ONEOK, Inc. has a 1 year low of $60.
58 and a 1 year high of $93.00. ONEOK ( NYSE:OKE – Get Free Report ) last released its quarterly earnings results on Monday, August 5th.
The utilities provider reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.
12. The business had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $5.
52 billion. ONEOK had a return on equity of 15.54% and a net margin of 13.
41%. During the same quarter in the previous year, the business earned $1.04 EPS.
On average, equities research analysts forecast that ONEOK, Inc. will post 5.07 EPS for the current fiscal year.
ONEOK Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, August 14th. Investors of record on Thursday, August 1st were issued a dividend of $0.99 per share.
The ex-dividend date of this dividend was Thursday, August 1st. This represents a $3.96 annualized dividend and a yield of 4.
33%. ONEOK’s dividend payout ratio (DPR) is currently 92.09%.
ONEOK Company Profile ( Free Report ) ONEOK, Inc engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. It operates through four segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. Featured Stories Receive News & Ratings for ONEOK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ONEOK and related companies with MarketBeat.
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