Howe & Rusling Holds Position in Ecolab (ECL); As Oneok New (OKE) Market Value Declined, Holder Texas Yale Capital Boosted Stake

January 22, 2018 - By Vivian Park

Texas Yale Capital Corp increased its stake in Oneok Inc New (OKE) by 2704.86% based on its latest 2017Q3 regulatory filing with the SEC. Texas Yale Capital Corp bought 220,446 shares as the company’s stock declined 4.12% while stock markets rallied. The institutional investor held 228,596 shares of the public utilities company at the end of 2017Q3, valued at $12.67M, up from 8,150 at the end of the previous reported quarter. Texas Yale Capital Corp who had been investing in Oneok Inc New for a number of months, seems to be bullish on the $22.84 billion market cap company. The stock increased 2.14% or $1.25 during the last trading session, reaching $59.57. About 1.95 million shares traded. ONEOK, Inc. (NYSE:OKE) has risen 23.81% since January 22, 2017 and is uptrending. It has outperformed by 7.11% the S&P500.

Howe & Rusling Inc increased its stake in Ecolab Inc (ECL) by 6053.85% based on its latest 2017Q3 regulatory filing with the SEC. Howe & Rusling Inc bought 2,361 shares as the company’s stock rose 2.53% with the market. The institutional investor held 2,400 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $309,000, up from 39 at the end of the previous reported quarter. Howe & Rusling Inc who had been investing in Ecolab Inc for a number of months, seems to be bullish on the $40.52 billion market cap company. The stock increased 0.35% or $0.49 during the last trading session, reaching $140.24. About 623,495 shares traded. Ecolab Inc. (NYSE:ECL) has risen 9.41% since January 22, 2017 and is uptrending. It has underperformed by 7.29% the S&P500.

Investors sentiment increased to 2.82 in 2017 Q3. Its up 1.47, from 1.35 in 2017Q2. It is positive, 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. Moreover, Hightower Advsr Limited Liability has 0.04% invested in ONEOK, Inc. (NYSE:OKE) for 82,193 shares. 8,444 are held by Amica Pension Fund Board Of Trustees. Brookstone Cap Mgmt reported 99,874 shares or 0.5% of all its holdings. Kentucky Retirement Tru Fund reported 10,045 shares or 0.1% of all its holdings. Nomura Asset Management invested 0.04% of its portfolio in ONEOK, Inc. (NYSE:OKE). 1.03 million were reported by Natl Bank Of America De. Verition Fund Mgmt Limited Liability Company owns 6,223 shares or 0.03% of their US portfolio. Freestone Cap Holdg Lc reported 0.1% stake. The Texas-based Next Fincl Gp Incorporated Inc has invested 0.01% in ONEOK, Inc. (NYSE:OKE). Evanson Asset Mngmt Limited Liability Corp invested in 0.77% or 65,090 shares. Raymond James Associates accumulated 306,318 shares. 6,400 are held by Marble Harbor Investment Counsel Limited Co. Delta Asset Management Ltd Tn owns 1,100 shares. Dana Invest Advisors has invested 0.52% of its portfolio in ONEOK, Inc. (NYSE:OKE). Wealthtrust Axiom Lc stated it has 5,556 shares.

Texas Yale Capital Corp, which manages about $1.61 billion and $1.16 billion US Long portfolio, decreased its stake in Amazon Com Inc (NASDAQ:AMZN) by 471 shares to 1,859 shares, valued at $1.79M in 2017Q3, according to the filing. It also reduced its holding in Goldman Sachs Group Inc (NYSE:GS) by 3,745 shares in the quarter, leaving it with 15,365 shares, and cut its stake in Powershares Qqq Trust (QQQ).

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. Argus Research maintained the shares of OKE in report on Thursday, August 24 with “Buy” rating. As per Wednesday, December 23, the company rating was upgraded by Oppenheimer. The firm has “Outperform” rating given on Tuesday, January 16 by RBC Capital Markets. The stock has “Hold” rating by RBC Capital Markets on Monday, May 15. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, July 5. Jefferies downgraded ONEOK, Inc. (NYSE:OKE) rating on Wednesday, June 8. Jefferies has “Hold” rating and $42 target. The firm has “Buy” rating given on Tuesday, August 15 by BMO Capital Markets. UBS upgraded the stock to “Buy” rating in Wednesday, June 14 report. The stock of ONEOK, Inc. (NYSE:OKE) has “Buy” rating given on Wednesday, November 1 by UBS. The rating was upgraded by Barclays Capital on Monday, May 9 to “Overweight”.

Among 21 analysts covering Ecolab (NYSE:ECL), 10 have Buy rating, 1 Sell and 10 Hold. Therefore 48% are positive. Ecolab had 56 analyst reports since July 30, 2015 according to SRatingsIntel. On Wednesday, November 1 the stock rating was maintained by Jefferies with “Hold”. The stock of Ecolab Inc. (NYSE:ECL) earned “Buy” rating by Canaccord Genuity on Wednesday, August 2. As per Monday, October 19, the company rating was downgraded by Deutsche Bank. The stock of Ecolab Inc. (NYSE:ECL) has “Neutral” rating given on Monday, April 18 by Citigroup. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, February 24. On Wednesday, August 2 the stock rating was maintained by Deutsche Bank with “Hold”. JP Morgan downgraded Ecolab Inc. (NYSE:ECL) on Friday, October 9 to “Neutral” rating. The rating was maintained by Oppenheimer with “Buy” on Tuesday, August 1. The stock of Ecolab Inc. (NYSE:ECL) earned “Overweight” rating by JP Morgan on Friday, May 26. Robert W. Baird maintained the shares of ECL in report on Wednesday, October 11 with “Hold” rating.

Since August 3, 2017, it had 1 insider purchase, and 1 sale for $9.04 million activity. HANDLEY THOMAS W sold $966,233 worth of stock or 7,397 shares.

Investors sentiment increased to 1.19 in Q3 2017. Its up 0.25, from 0.94 in 2017Q2. It is positive, as 31 investors sold ECL shares while 274 reduced holdings. 81 funds opened positions while 281 raised stakes. 213.37 million shares or 1.11% more from 211.02 million shares in 2017Q2 were reported. Northeast Financial Consultants invested in 0.13% or 2,700 shares. Douglass Winthrop Ltd Liability Corporation has 2.08% invested in Ecolab Inc. (NYSE:ECL). Mariner Wealth Ltd Liability owns 2,020 shares. Private Ocean Ltd Com invested 0.01% of its portfolio in Ecolab Inc. (NYSE:ECL). Fdx Advsr reported 25,725 shares. Fiera Capital invested in 598,209 shares. Balyasny Asset Mgmt Limited Liability owns 6,315 shares. Atlanta Cap Management Company L L C, Georgia-based fund reported 738,611 shares. Tuttle Tactical Mgmt Llc stated it has 4,238 shares. Sit Associate stated it has 100,100 shares. Ubs Asset Americas has 2.42 million shares for 0.28% of their portfolio. 6,040 are owned by Tower Bridge Advisors. Clinton Grp owns 0.09% invested in Ecolab Inc. (NYSE:ECL) for 6,373 shares. Tributary Capital Management Ltd Liability Co holds 0% or 220 shares in its portfolio. Northstar Ltd Company stated it has 3,145 shares or 0.08% of all its holdings.

Howe & Rusling Inc, which manages about $798.49M and $540.49M US Long portfolio, decreased its stake in Lockheed Martin Corp (NYSE:LMT) by 2,993 shares to 25,514 shares, valued at $7.92M in 2017Q3, according to the filing. It also reduced its holding in Hasbro Inc (NASDAQ:HAS) by 70,181 shares in the quarter, leaving it with 2,558 shares, and cut its stake in Raytheon Co (NYSE:RTN).

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