State of Wisconsin Investment Board raised its stake in shares of Oneok Partners LP (NYSE:OKS) by 95.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 132,900 shares of the pipeline company’s stock after buying an additional 64,900 shares during the period. State of Wisconsin Investment Board’s holdings in Oneok Partners were worth $6,787,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Suntrust Banks Inc. increased its stake in shares of Oneok Partners by 3.3% in the first quarter. Suntrust Banks Inc. now owns 18,413 shares of the pipeline company’s stock valued at $992,000 after buying an additional 590 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Oneok Partners by 98.2% in the first quarter. Bank of New York Mellon Corp now owns 98,639 shares of the pipeline company’s stock valued at $5,324,000 after buying an additional 48,865 shares in the last quarter. Lucas Capital Management acquired a new stake in shares of Oneok Partners during the first quarter valued at about $232,000. Sheaff Brock Investment Advisors LLC increased its stake in shares of Oneok Partners by 0.7% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 18,853 shares of the pipeline company’s stock valued at $1,018,000 after buying an additional 138 shares in the last quarter. Finally, IndexIQ Advisors LLC acquired a new stake in shares of Oneok Partners during the first quarter valued at about $1,796,000. 41.23% of the stock is owned by institutional investors and hedge funds.

Oneok Partners LP (OKS) opened at 51.07 on Tuesday. The company has a 50 day moving average price of $49.23 and a 200-day moving average price of $49.70. Oneok Partners LP has a 12 month low of $36.13 and a 12 month high of $57.41.

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A number of equities research analysts have recently weighed in on the company. BMO Capital Markets set a $53.00 target price on Oneok Partners and gave the stock a “hold” rating in a report on Tuesday, May 2nd. Royal Bank Of Canada reissued a “hold” rating and set a $57.00 target price on shares of Oneok Partners in a report on Friday, May 12th. Jefferies Group LLC set a $50.00 target price on Oneok Partners and gave the stock a “hold” rating in a report on Friday, June 16th. Finally, BidaskClub downgraded Oneok Partners from a “hold” rating to a “sell” rating in a report on Saturday, June 10th. Thirteen research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $48.08.

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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