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Bluemountain Capital Management Has Trimmed Oneok New (OKE) Holding by $1.62 Million; Nepsis Capital Management Upped Its Stake in Ventas (VTR) as Stock Price Rose

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Andrew Feldstein decreased its stake in Oneok Inc New (OKE) by 42.24% based on its latest 2018Q1 regulatory filing with the SEC. Bluemountain Capital Management Llc sold 28,856 shares as the company’s stock rose 14.65% while stock markets declined. The hedge fund run by Andrew Feldstein held 39,452 shares of the public utilities company at the end of 2018Q1, valued at $2.25M, down from 68,308 at the end of the previous reported quarter. Bluemountain Capital Management Llc who had been investing in Oneok Inc New for a number of months, seems to be less bullish one the $28.53 billion market cap company. The stock increased 0.78% or $0.54 during the last trading session, reaching $69.41. About 861,806 shares traded. ONEOK, Inc. (NYSE:OKE) has risen 27.55% since June 14, 2017 and is uptrending. It has outperformed by 14.98% the S&P500. Some Historical OKE News: 15/05/2018 – Brookfield Asset Management Buys New 1.1% Position in Oneok Inc; 17/04/2018 – ONEOK INC OKE.N : SEAPORT GLOBAL STARTS WITH NEUTRAL, $60 TARGET PRICE; 03/04/2018 – OKE: TEMPORARILY DISABLED SERVICE W/ELECTRONIC DATA INTERCHANGE; 05/04/2018 – ONEOK to Participate in Mizuho Energy Summit; 04/04/2018 – IGNORE: ONEOK REPORTED EDI SERVICES SUSPENSION APRIL 3; 02/05/2018 – OKE DOESN’T EXPECT FERC TAX CHANGE TO ‘MATERIALLY’ IMPACT CO; 02/05/2018 – OKE IN TALKS WITH PERMIAN DRILLERS ON ADDITIONAL GAS TAKEAWAY; 01/05/2018 – Oneok 1Q Net $264.5M; 15/03/2018 U.S. regulators ask power/gas utilities to look at rates after tax cut; 03/04/2018 – ONEOK -AS PRECAUTIONARY STEP FOR INTERSTATE NATURAL GAS PIPELINES,TEMPORARILY DISABLED SERVICE WITH ELECTRONIC DATA INTERCHANGE SERVICES PROVIDER

Nepsis Capital Management Inc increased its stake in Ventas Inc (VTR) by 39.32% based on its latest 2018Q1 regulatory filing with the SEC. Nepsis Capital Management Inc bought 10,207 shares as the company’s stock rose 5.70% while stock markets declined. The institutional investor held 36,168 shares of the consumer services company at the end of 2018Q1, valued at $1.79M, up from 25,961 at the end of the previous reported quarter. Nepsis Capital Management Inc who had been investing in Ventas Inc for a number of months, seems to be bullish on the $19.60B market cap company. The stock increased 2.25% or $1.2 during the last trading session, reaching $54.64. About 943,697 shares traded. Ventas, Inc. (NYSE:VTR) has declined 20.26% since June 14, 2017 and is downtrending. It has underperformed by 32.83% the S&P500.

Analysts await ONEOK, Inc. (NYSE:OKE) to report earnings on August, 7. They expect $0.66 earnings per share, up 100.00% or $0.33 from last year’s $0.33 per share. OKE’s profit will be $271.31M for 26.29 P/E if the $0.66 EPS becomes a reality. After $0.64 actual earnings per share reported by ONEOK, Inc. for the previous quarter, Wall Street now forecasts 3.13% EPS growth.

Investors sentiment increased to 1.35 in 2018 Q1. Its up 0.17, from 1.18 in 2017Q4. It increased, as 52 investors sold OKE shares while 174 reduced holdings. 82 funds opened positions while 223 raised stakes. 297.11 million shares or 9.86% more from 270.44 million shares in 2017Q4 were reported. Destination Wealth Management owns 2,739 shares for 0.01% of their portfolio. Trust Co Of Virginia Va accumulated 4,000 shares. Denali Advsr Limited Liability Corporation holds 5,800 shares or 0.05% of its portfolio. Australia-based Amp Invsts has invested 0.06% in ONEOK, Inc. (NYSE:OKE). Gamco Inc Et Al holds 0.09% or 242,550 shares. Macquarie Grp Limited reported 88,800 shares. 43,600 were reported by Bright Rock Cap Mngmt Lc. National Bank & Trust Of America De reported 0.01% stake. Botty Invsts Ltd holds 0.22% of its portfolio in ONEOK, Inc. (NYSE:OKE) for 13,113 shares. Moneta Group Inc Inv Ltd Liability Co reported 0.02% stake. Mirador Capital Partners Ltd Partnership stated it has 0.24% of its portfolio in ONEOK, Inc. (NYSE:OKE). First Quadrant Limited Partnership Ca has invested 0.03% in ONEOK, Inc. (NYSE:OKE). Bokf Na stated it has 0.33% of its portfolio in ONEOK, Inc. (NYSE:OKE). Moreover, Ubs Asset Management Americas has 0% invested in ONEOK, Inc. (NYSE:OKE) for 1.34M shares. Advisory Service reported 0.12% of its portfolio in ONEOK, Inc. (NYSE:OKE).

Bluemountain Capital Management Llc, which manages about $27.77B and $4.37B US Long portfolio, upped its stake in Aptiv Plc by 33,962 shares to 75,468 shares, valued at $6.41 million in 2018Q1, according to the filing. It also increased its holding in Abbvie Inc (NYSE:ABBV) by 82,287 shares in the quarter, for a total of 195,361 shares, and has risen its stake in Broadridge Finl Solutions In (NYSE:BR).

Among 21 analysts covering ONEOK (NYSE:OKE), 9 have Buy rating, 0 Sell and 12 Hold. Therefore 43% are positive. ONEOK had 78 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of ONEOK, Inc. (NYSE:OKE) earned “Hold” rating by RBC Capital Markets on Sunday, July 23. The company was maintained on Friday, March 2 by UBS. The rating was maintained by Stifel Nicolaus on Wednesday, February 28 with “Hold”. Jefferies maintained ONEOK, Inc. (NYSE:OKE) on Friday, June 16 with “Hold” rating. RBC Capital Markets initiated the shares of OKE in report on Monday, March 28 with “Sector Perform” rating. J.P. Morgan upgraded ONEOK, Inc. (NYSE:OKE) rating on Monday, September 11. J.P. Morgan has “Hold” rating and $58.0 target. Argus Research upgraded ONEOK, Inc. (NYSE:OKE) on Wednesday, June 21 to “Buy” rating. BMO Capital Markets maintained ONEOK, Inc. (NYSE:OKE) on Tuesday, August 15 with “Buy” rating. The stock of ONEOK, Inc. (NYSE:OKE) has “Outperform” rating given on Wednesday, July 5 by BMO Capital Markets. The rating was downgraded by Morgan Stanley on Tuesday, October 4 to “Equal-Weight”.

Investors sentiment decreased to 1.05 in Q1 2018. Its down 0.15, from 1.2 in 2017Q4. It worsened, as 69 investors sold VTR shares while 189 reduced holdings. 73 funds opened positions while 199 raised stakes. 295.52 million shares or 3.42% less from 306.00 million shares in 2017Q4 were reported. Sigma Planning holds 21,888 shares or 0.08% of its portfolio. Voloridge Investment Management Ltd Liability Com accumulated 408,859 shares. Summit Wealth Advisors Limited Co reported 0.73% stake. Hanson & Doremus Invest has invested 0.82% in Ventas, Inc. (NYSE:VTR). Uss Investment Limited accumulated 197,900 shares. Raymond James Na reported 24,567 shares. Element Capital Mgmt Limited Co stated it has 0.01% in Ventas, Inc. (NYSE:VTR). Balyasny Asset Mgmt Ltd Liability Co holds 0.25% or 1.20 million shares. Segall Bryant Hamill Limited Liability invested 0.01% of its portfolio in Ventas, Inc. (NYSE:VTR). 200 are held by Department Mb National Bank N A. Bancshares holds 6,136 shares or 0% of its portfolio. Bennicas And Assoc Inc holds 1.27% or 28,806 shares in its portfolio. Hanson Mcclain Inc reported 203 shares. Northern Tru holds 7.14M shares. Grassi Inv Mgmt reported 10,966 shares.

Since May 7, 2018, it had 0 buys, and 4 sales for $3.56 million activity. $211,505 worth of Ventas, Inc. (NYSE:VTR) shares were sold by Barnes Melody C.

Nepsis Capital Management Inc, which manages about $214.00 million and $188.96 million US Long portfolio, decreased its stake in Walmart Inc (NYSE:WMT) by 15,334 shares to 80,626 shares, valued at $7.17M in 2018Q1, according to the filing. It also reduced its holding in Cisco Sys Inc (NASDAQ:CSCO) by 17,045 shares in the quarter, leaving it with 199,263 shares, and cut its stake in Visa Inc (NYSE:V).

ONEOK, Inc. (NYSE:OKE) Institutional Positions Chart

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