11,008 Shares in ONEOK, Inc. (NYSE:OKE) Acquired by Aurora Private Wealth Inc.

Aurora Private Wealth Inc. purchased a new position in shares of ONEOK, Inc. (NYSE:OKE - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 11,008 shares of the utilities provider's stock, valued at approximately $1,092,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Greenline Partners LLC acquired a new position in ONEOK during the fourth quarter worth about $32,000. First Pacific Financial acquired a new position in ONEOK during the first quarter worth about $34,000. Vermillion Wealth Management Inc. acquired a new position in ONEOK during the fourth quarter worth about $37,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in ONEOK during the fourth quarter worth about $39,000. Finally, MorganRosel Wealth Management LLC acquired a new position in ONEOK during the first quarter worth about $39,000. 69.13% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on OKE shares. Scotiabank decreased their target price on shares of ONEOK from $96.00 to $93.00 and set a "sector outperform" rating on the stock in a report on Thursday, June 5th. Morgan Stanley boosted their target price on shares of ONEOK from $111.00 to $133.00 and gave the company an "overweight" rating in a report on Tuesday, March 25th. Stifel Nicolaus decreased their target price on shares of ONEOK from $110.00 to $107.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. JPMorgan Chase & Co. boosted their target price on shares of ONEOK from $94.00 to $97.00 and gave the company an "overweight" rating in a report on Thursday. Finally, Citigroup decreased their target price on shares of ONEOK from $110.00 to $102.00 and set a "buy" rating on the stock in a report on Tuesday, May 6th. Seven equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $103.14.

ONEOK Trading Down 1.9%

Shares of ONEOK stock traded down $1.58 on Monday, reaching $80.56. The company had a trading volume of 180,685 shares, compared to its average volume of 3,434,969. The firm's 50 day moving average price is $82.27 and its two-hundred day moving average price is $91.46. The firm has a market cap of $50.72 billion, a PE ratio of 15.79, a PEG ratio of 1.61 and a beta of 0.93. ONEOK, Inc. has a 52-week low of $75.48 and a 52-week high of $118.07. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.52 and a current ratio of 0.67.

ONEOK (NYSE:OKE - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The utilities provider reported $1.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.28 by ($0.24). The company had revenue of $6.49 billion during the quarter, compared to analysts' expectations of $8.23 billion. ONEOK had a net margin of 12.15% and a return on equity of 15.58%. During the same period last year, the firm posted $1.09 earnings per share. Sell-side analysts predict that ONEOK, Inc. will post 5.07 earnings per share for the current fiscal year.

ONEOK Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 5.11%. The ex-dividend date of this dividend was Monday, May 5th. ONEOK's dividend payout ratio (DPR) is 80.47%.

ONEOK Company Profile

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.