Scorpio Tankers (STNG) Stock Price Declined While Vitol Holding Sarl Has Upped Stake; Oneok (OKE) Stock Declined While Amalgamated Bank Has Boosted Position by $1.01 Million

January 22, 2018 - By Vivian Park

Amalgamated Bank increased its stake in Oneok Inc (OKE) by 67.34% based on its latest 2017Q3 regulatory filing with the SEC. Amalgamated Bank bought 18,332 shares as the company’s stock declined 4.12% while stock markets rallied. The institutional investor held 45,557 shares of the public utilities company at the end of 2017Q3, valued at $2.52 million, up from 27,225 at the end of the previous reported quarter. Amalgamated Bank who had been investing in Oneok Inc for a number of months, seems to be bullish on the $22.36B market cap company. The stock increased 0.31% or $0.18 during the last trading session, reaching $58.32. About 8.66 million shares traded or 201.70% up from the average. ONEOK, Inc. (NYSE:OKE) has risen 23.81% since January 22, 2017 and is uptrending. It has outperformed by 7.11% the S&P500.

Vitol Holding Sarl increased its stake in Scorpio Tankers Inc (STNG) by 4700% based on its latest 2017Q3 regulatory filing with the SEC. Vitol Holding Sarl bought 1.18M shares as the company’s stock declined 3.95% while stock markets rallied. The institutional investor held 1.20 million shares of the marine transportation company at the end of 2017Q3, valued at $4.12M, up from 25,000 at the end of the previous reported quarter. Vitol Holding Sarl who had been investing in Scorpio Tankers Inc for a number of months, seems to be bullish on the $968.88M market cap company. The stock increased 1.66% or $0.05 during the last trading session, reaching $3.07. About 3.54M shares traded or 8.10% up from the average. Scorpio Tankers Inc. (NYSE:STNG) has declined 23.80% since January 22, 2017 and is downtrending. It has underperformed by 40.50% the S&P500.

Among 9 analysts covering Scorpio Tankers Inc. (NYSE:STNG), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Scorpio Tankers Inc. had 31 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, September 18 by Jefferies. Jefferies maintained the shares of STNG in report on Thursday, November 16 with “Buy” rating. The firm earned “Buy” rating on Monday, August 28 by Jefferies. On Friday, July 21 the stock rating was maintained by Jefferies with “Buy”. The firm has “Underperform” rating given on Tuesday, January 17 by Bank of America. The rating was maintained by Jefferies on Friday, May 26 with “Buy”. As per Wednesday, July 27, the company rating was maintained by Jefferies. The firm earned “Buy” rating on Monday, December 18 by Jefferies. On Monday, August 28 the stock rating was maintained by Stifel Nicolaus with “Buy”. As per Tuesday, February 14, the company rating was upgraded by Morgan Stanley.

Among 19 analysts covering ONEOK (NYSE:OKE), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. ONEOK had 65 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of ONEOK, Inc. (NYSE:OKE) earned “Hold” rating by Barclays Capital on Tuesday, September 5. The company was maintained on Thursday, September 14 by Robert W. Baird. The rating was upgraded by Credit Suisse on Thursday, December 31 to “Outperform”. The firm has “Buy” rating given on Tuesday, August 15 by BMO Capital Markets. The firm has “Hold” rating by RBC Capital Markets given on Sunday, October 1. As per Monday, April 3, the company rating was maintained by Jefferies. BMO Capital Markets maintained ONEOK, Inc. (NYSE:OKE) rating on Monday, September 25. BMO Capital Markets has “Buy” rating and $59.0 target. The rating was upgraded by Citigroup to “Buy” on Tuesday, September 15. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, March 28. RBC Capital Markets maintained it with “Hold” rating and $58.0 target in Sunday, August 27 report.

Investors sentiment increased to 2.82 in Q3 2017. Its up 1.47, from 1.35 in 2017Q2. It improved, as 52 investors sold OKE shares while 103 reduced holdings. 164 funds opened positions while 273 raised stakes. 264.73 million shares or 40.11% more from 188.94 million shares in 2017Q2 were reported. Tower Research Cap Limited Liability Company (Trc) holds 413 shares. 637,951 were accumulated by Asset Mngmt One. Old Mutual Customised Solutions (Proprietary) Ltd invested in 0.12% or 15,300 shares. Pennsylvania Tru Communication accumulated 10,441 shares. Personal Capital Advsr stated it has 0.21% of its portfolio in ONEOK, Inc. (NYSE:OKE). Janney Montgomery Scott Ltd Liability reported 0.04% of its portfolio in ONEOK, Inc. (NYSE:OKE). First Quadrant LP Ca stated it has 28,954 shares or 0.03% of all its holdings. Greystone Managed Investments invested in 32,830 shares. Earnest Lc accumulated 23,839 shares. Engineers Gate Manager Lp holds 0.37% of its portfolio in ONEOK, Inc. (NYSE:OKE) for 79,030 shares. Lombard Odier Asset Mngmt (Europe) Limited holds 0.02% or 4,961 shares in its portfolio. Glg Limited Liability Company has 0.03% invested in ONEOK, Inc. (NYSE:OKE) for 8,116 shares. Travelers Incorporated accumulated 222,000 shares. Two Sigma Llc holds 4,173 shares. 883 were accumulated by Assetmark.

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