Crossmark Global Holdings Inc. increased its stake in ONEOK, Inc. (NYSE:OKE) by 11.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,663 shares of the utilities provider’s stock after purchasing an additional 3,542 shares during the period. Crossmark Global Holdings Inc.’s holdings in ONEOK were worth $1,799,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. FMR LLC raised its position in shares of ONEOK by 27.4% during the 2nd quarter. FMR LLC now owns 148,275 shares of the utilities provider’s stock valued at $7,734,000 after acquiring an additional 31,888 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of ONEOK by 1.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 912,694 shares of the utilities provider’s stock valued at $47,603,000 after acquiring an additional 13,443 shares during the last quarter. California State Teachers Retirement System raised its position in shares of ONEOK by 0.6% during the 2nd quarter. California State Teachers Retirement System now owns 318,015 shares of the utilities provider’s stock valued at $16,587,000 after acquiring an additional 2,020 shares during the last quarter. Nomura Holdings Inc. bought a new stake in shares of ONEOK during the 2nd quarter valued at $1,268,000. Finally, Ameritas Investment Partners Inc. raised its position in shares of ONEOK by 71.6% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,631 shares of the utilities provider’s stock valued at $450,000 after acquiring an additional 3,600 shares during the last quarter. Hedge funds and other institutional investors own 66.59% of the company’s stock.

Shares of ONEOK, Inc. (NYSE OKE) opened at $56.55 on Tuesday. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.55 and a quick ratio of 0.41. ONEOK, Inc. has a 1 year low of $47.14 and a 1 year high of $61.36. The company has a market cap of $22,301.17, a price-to-earnings ratio of 33.96, a P/E/G ratio of 1.72 and a beta of 1.26.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 14th. Investors of record on Monday, January 29th will be given a $0.77 dividend. The ex-dividend date is Friday, January 26th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 5.45%. This is a boost from ONEOK’s previous quarterly dividend of $0.75. ONEOK’s dividend payout ratio is currently 192.50%.

In other news, Director Brian L. Derksen acquired 1,800 shares of the stock in a transaction that occurred on Monday, November 20th. The stock was acquired at an average price of $51.00 per share, for a total transaction of $91,800.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. 1.00% of the stock is owned by corporate insiders.

Several analysts have commented on the stock. JPMorgan Chase & Co. upped their target price on shares of ONEOK from $58.00 to $62.00 and gave the company a “neutral” rating in a research report on Monday. Zacks Investment Research cut shares of ONEOK from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. UBS Group upped their target price on shares of ONEOK from $60.00 to $61.00 and gave the company a “buy” rating in a research report on Wednesday, November 1st. Mizuho reiterated a “hold” rating and set a $61.00 target price on shares of ONEOK in a research report on Tuesday, January 23rd. Finally, Wells Fargo & Co upgraded shares of ONEOK from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 11th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $60.15.

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ONEOK Company Profile

ONEOK, Inc is an energy midstream service provider in the United States. The Company owns and operates natural gas liquids (NGL) systems, and is engaged in the gathering, processing, storage and transportation of natural gas. THe Company’s operations include a 38,000-mile integrated network of NGL and natural gas pipelines, processing plants, fractionators and storage facilities in the Mid-Continent, Williston, Permian and Rocky Mountain regions.

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Institutional Ownership by Quarter for ONEOK (NYSE:OKE)

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