Visionary Asset Management Trimmed Oneok New (OKE) Position; Alpha Cubed Investments Has Decreased Its At&T (T) Stake

November 14, 2017 - By Vivian Currie

Visionary Asset Management Inc decreased Oneok Inc New (OKE) stake by 13.09% reported in 2017Q2 SEC filing. Visionary Asset Management Inc sold 9,224 shares as Oneok Inc New (OKE)’s stock declined 4.12%. The Visionary Asset Management Inc holds 61,236 shares with $3.19M value, down from 70,460 last quarter. Oneok Inc New now has $19.70B valuation. The stock decreased 1.57% or $0.82 during the last trading session, reaching $51.38. About 2.91 million shares traded or 27.63% up from the average. ONEOK, Inc. (NYSE:OKE) has risen 23.81% since November 14, 2016 and is uptrending. It has outperformed by 7.11% the S&P500.

Alpha Cubed Investments Llc decreased At&T Inc (T) stake by 33.15% reported in 2017Q2 SEC filing. Alpha Cubed Investments Llc sold 16,562 shares as At&T Inc (T)’s stock declined 7.81%. The Alpha Cubed Investments Llc holds 33,392 shares with $1.26 million value, down from 49,954 last quarter. At&T Inc now has $207.01 billion valuation. The stock rose 0.12% or $0.04 reaching $33.76. About 29.82M shares traded. AT&T Inc. (NYSE:T) has declined 0.52% since November 14, 2016 and is downtrending. It has underperformed by 17.22% the S&P500.

Investors sentiment increased to 1.15 in 2017 Q2. Its up 0.18, from 0.97 in 2017Q1. It improved, as 82 investors sold T shares while 619 reduced holdings. 123 funds opened positions while 686 raised stakes. 3.31 billion shares or 0.46% less from 3.32 billion shares in 2017Q1 were reported. De Burlo Inc holds 37,097 shares. Todd Asset Ltd Liability Corporation owns 221,757 shares. Metropolitan Life Insurance Ny reported 0.78% stake. Cue invested in 18,213 shares or 0.49% of the stock. Bank & Trust Of Nova Scotia Tru reported 12,094 shares stake. Savant Capital Limited Liability Company invested in 59,887 shares. Etrade Mgmt Limited Com holds 0.42% or 291,009 shares. Woodmont Invest Counsel Limited Liability Corp owns 101,052 shares for 1.08% of their portfolio. Mcgowan Asset Mngmt Inc has 0.25% invested in AT&T Inc. (NYSE:T) for 32,581 shares. Jacobs And Ca owns 213,618 shares for 1.59% of their portfolio. James Inv Rech holds 1.16 million shares. Signalpoint Asset Mngmt Ltd Liability Corporation holds 0.78% or 75,079 shares. Patten Patten Incorporated Tn stated it has 1.97% in AT&T Inc. (NYSE:T). Moneta Gru Investment Advsr Ltd Liability Corporation reported 0.49% of its portfolio in AT&T Inc. (NYSE:T). C World Group Inc A S stated it has 0.01% of its portfolio in AT&T Inc. (NYSE:T).

Analysts await AT&T Inc. (NYSE:T) to report earnings on January, 24. They expect $0.66 earnings per share, 0.00% or $0.00 from last year’s $0.66 per share. T’s profit will be $4.05B for 12.79 P/E if the $0.66 EPS becomes a reality. After $0.74 actual earnings per share reported by AT&T Inc. for the previous quarter, Wall Street now forecasts -10.81% negative EPS growth.

Among 28 analysts covering AT&T Inc. (NYSE:T), 9 have Buy rating, 1 Sell and 18 Hold. Therefore 32% are positive. AT&T Inc. had 64 analyst reports since July 27, 2015 according to SRatingsIntel. As per Wednesday, January 11, the company rating was downgraded by Deutsche Bank. Independent Research upgraded AT&T Inc. (NYSE:T) rating on Tuesday, October 25. Independent Research has “Hold” rating and $39 target. The stock has “Buy” rating by Jefferies on Thursday, April 7. Jefferies maintained it with “Buy” rating and $48.0 target in Tuesday, August 22 report. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, October 11. The stock has “Hold” rating by Cowen & Co on Tuesday, July 18. DA Davidson initiated the stock with “Buy” rating in Thursday, February 4 report. The firm earned “Hold” rating on Monday, October 2 by RBC Capital Markets. The company was reinitiated on Monday, July 27 by Goldman Sachs. On Tuesday, September 1 the stock rating was maintained by Macquarie Research with “Buy”.

Alpha Cubed Investments Llc increased Verizon Communications Inc (NYSE:VZ) stake by 27,805 shares to 270,901 valued at $12.10 million in 2017Q2. It also upped Disney Walt Co (NYSE:DIS) stake by 7,291 shares and now owns 49,209 shares. Kla (NASDAQ:KLAC) was raised too.

Analysts await ONEOK, Inc. (NYSE:OKE) to report earnings on February, 26. They expect $0.46 EPS, up 6.98% or $0.03 from last year’s $0.43 per share. OKE’s profit will be $176.37M for 27.92 P/E if the $0.46 EPS becomes a reality. After $0.43 actual EPS reported by ONEOK, Inc. for the previous quarter, Wall Street now forecasts 6.98% EPS growth.

Investors sentiment increased to 1.35 in Q2 2017. Its up 0.04, from 1.31 in 2017Q1. It increased, as 57 investors sold OKE shares while 149 reduced holdings. 78 funds opened positions while 200 raised stakes. 188.94 million shares or 14.20% more from 165.44 million shares in 2017Q1 were reported. Arlington Mngmt, a Illinois-based fund reported 164,464 shares. Envestnet Asset Management Inc holds 0.01% in ONEOK, Inc. (NYSE:OKE) or 97,234 shares. Tower Bridge Advsrs invested in 0% or 4,800 shares. Moreover, Veritable LP has 0.01% invested in ONEOK, Inc. (NYSE:OKE). Capstone Asset Mgmt invested in 0.03% or 18,118 shares. Ny State Teachers Retirement Sys owns 407,161 shares or 0.05% of their US portfolio. Cibc Asset Mgmt Incorporated accumulated 30,721 shares or 0.01% of the stock. Cadence Cap Mngmt Lc invested in 0.13% or 36,803 shares. Albert D Mason reported 5,237 shares. Janney Montgomery Scott Ltd Liability Corp invested in 49,857 shares or 0.03% of the stock. Gemmer Asset Ltd Liability Co, a California-based fund reported 458 shares. North Star Mgmt owns 0.01% invested in ONEOK, Inc. (NYSE:OKE) for 1,300 shares. 611,180 are held by Savings Bank Of America De. New Mexico Educational Retirement Board owns 0.1% invested in ONEOK, Inc. (NYSE:OKE) for 35,260 shares. Manchester Cap Limited Liability has invested 0% in ONEOK, Inc. (NYSE:OKE).

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