Green Square Capital LLC reduced its stake in shares of Oneok Partners LP (NYSE:OKS) by 11.5% during the second quarter, Holdings Channel reports. The fund owned 74,382 shares of the company’s stock after selling 9,639 shares during the period. Green Square Capital LLC’s holdings in Oneok Partners were worth $2,980,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in OKS. Benjamin F. Edwards & Company Inc. boosted its position in shares of Oneok Partners by 0.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 5,412 shares of the company’s stock valued at $217,000 after buying an additional 30 shares during the last quarter. Yorkville Capital Management LLC boosted its position in shares of Oneok Partners by 1.0% in the first quarter. Yorkville Capital Management LLC now owns 40,046 shares of the company’s stock valued at $1,257,000 after buying an additional 414 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Oneok Partners by 9.5% in the first quarter. Envestnet Asset Management Inc. now owns 6,468 shares of the company’s stock valued at $203,000 after buying an additional 563 shares during the last quarter. Albert D Mason Inc. boosted its position in shares of Oneok Partners by 1.6% in the second quarter. Albert D Mason Inc. now owns 49,759 shares of the company’s stock valued at $1,993,000 after buying an additional 790 shares during the last quarter. Finally, IFP Advisors Inc boosted its position in shares of Oneok Partners by 8.9% in the first quarter. IFP Advisors Inc now owns 17,900 shares of the company’s stock valued at $562,000 after buying an additional 1,462 shares during the last quarter.

Shares of Oneok Partners LP (NYSE:OKS) traded up 2.53% on Wednesday, reaching $38.16. 514,910 shares of the company’s stock traded hands. Oneok Partners LP has a 52-week low of $21.86 and a 52-week high of $42.34. The firm’s 50-day moving average is $39.50 and its 200-day moving average is $37.31. The stock has a market cap of $10.91 billion, a price-to-earnings ratio of 32.45 and a beta of 0.39.

Oneok Partners (NYSE:OKS) last issued its earnings results on Tuesday, August 2nd. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by $0.14. During the same period in the previous year, the company posted $0.44 EPS. Analysts anticipate that Oneok Partners LP will post $2.27 EPS for the current fiscal year.

Several equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of Oneok Partners from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a research report on Friday, July 22nd. Jefferies Group raised their price target on shares of Oneok Partners from $40.00 to $41.00 and gave the company a “hold” rating in a research report on Monday, July 25th. Citigroup Inc. increased their price objective on shares of Oneok Partners from $36.00 to $45.00 and gave the company a “buy” rating in a research note on Friday, June 17th. Robert W. Baird upgraded shares of Oneok Partners from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $24.00 to $45.00 in a research note on Friday, August 12th. Finally, RBC Capital Markets reiterated a “sector perform” rating and issued a $40.00 price objective (up previously from $37.00) on shares of Oneok Partners in a research note on Tuesday, August 16th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $38.53.

In other news, insider John William Gibson bought 5,000 shares of the company’s stock in a transaction dated Monday, September 12th. The shares were purchased at an average price of $38.09 per share, for a total transaction of $190,450.00. Following the completion of the purchase, the insider now owns 105,000 shares in the company, valued at approximately $3,999,450. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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. The Company’s segments are Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines.

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