Reasons for Vincent Dowling’s Share Buy of Tel-Instrument Electronics Corp. (NYSEAMERICAN:TIK)’s Stock; Cambridge Financial Group Increased By $84.28 Million Its Oneok (OKE) Position

Cambridge Financial Group Inc increased Oneok (OKE) stake by 1.4% reported in 2017Q3 SEC filing. Cambridge Financial Group Inc acquired 1,521 shares as Oneok (OKE)’s stock declined 4.12%. The Cambridge Financial Group Inc holds 110,208 shares with $6.11 billion value, up from 108,687 last quarter. Oneok now has $23.41B valuation. The stock increased 0.19% or $0.11 during the last trading session, reaching $57.02. About 1.54M shares traded. ONEOK, Inc. (NYSE:OKE) has risen 23.81% since March 7, 2017 and is uptrending. It has outperformed by 7.11% the S&P500.

Recently, an insider trading transaction was made. Vincent Dowling, the major shareholder and an insider of Tel Instrument Electronics Corp obtained precisely 17,692 shares of Tel Instrument Electronics Corp, worth approximately $44,218 U.S Dollars, at $2.5 per share at the time of the transaction. This is not his first insider trade, in the last month, he bought another 7,500 shares worth $18,991 USD. Currently, he has a total of 371,680 shares or 11.43% of the company’s total market capitalization.

Cambridge Financial Group Inc decreased Unitedhealth Group (NYSE:UNH) stake by 1,106 shares to 33,942 valued at $6.65B in 2017Q3. It also reduced Lockheed Martin Corp. (NYSE:LMT) stake by 435 shares and now owns 21,238 shares. Broadcom Ltd was reduced too.

Among 20 analysts covering ONEOK (NYSE:OKE), 8 have Buy rating, 0 Sell and 12 Hold. Therefore 40% are positive. ONEOK has $72 highest and $24 lowest target. $56.41’s average target is -1.07% below currents $57.02 stock price. ONEOK had 71 analyst reports since August 11, 2015 according to SRatingsIntel. Credit Suisse maintained ONEOK, Inc. (NYSE:OKE) rating on Thursday, February 25. Credit Suisse has “Neutral” rating and $30 target. The firm earned “Hold” rating on Sunday, October 1 by RBC Capital Markets. As per Monday, September 14, the company rating was initiated by Credit Suisse. The stock of ONEOK, Inc. (NYSE:OKE) earned “Buy” rating by U.S. Capital Advisors on Thursday, January 4. On Thursday, August 31 the stock rating was maintained by Jefferies with “Hold”. Jefferies maintained the shares of OKE in report on Wednesday, December 20 with “Hold” rating. The rating was upgraded by Argus Research on Monday, January 11 to “Buy”. RBC Capital Markets maintained ONEOK, Inc. (NYSE:OKE) rating on Sunday, August 27. RBC Capital Markets has “Hold” rating and $58.0 target. The rating was downgraded by Citigroup on Wednesday, January 25 to “Neutral”. The firm has “Neutral” rating by Robert W. Baird given on Monday, February 8.

Investors sentiment decreased to 1.18 in 2017 Q3. Its down 1.64, from 2.82 in 2017Q2. It dived, 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. Riverhead Capital Mgmt Lc has 0.08% invested in ONEOK, Inc. (NYSE:OKE). Cleararc Incorporated stated it has 9,780 shares or 0.08% of all its holdings. Moreover, Bb&T Corp has 0.02% invested in ONEOK, Inc. (NYSE:OKE) for 22,379 shares. Cubist Systematic Strategies Limited Company reported 7,327 shares or 0.02% of all its holdings. Hsbc Holdg Plc reported 0.03% in ONEOK, Inc. (NYSE:OKE). Moreover, Callahan Limited Liability has 0.05% invested in ONEOK, Inc. (NYSE:OKE). California State Teachers Retirement Sys accumulated 658,093 shares. Cbre Clarion Ltd Limited Liability Company accumulated 17,028 shares or 0.01% of the stock. Tradewinds Mngmt Ltd Liability holds 0.07% or 2,560 shares. Ledyard Bank & Trust invested in 0.01% or 1,350 shares. Texas Permanent School Fund has 0.07% invested in ONEOK, Inc. (NYSE:OKE) for 105,281 shares. Saratoga Research Inv Management has invested 0.13% of its portfolio in ONEOK, Inc. (NYSE:OKE). Mark Asset Mgmt Corporation holds 0.1% in ONEOK, Inc. (NYSE:OKE) or 7,879 shares. 3,918 were accumulated by Commerzbank Aktiengesellschaft Fi. Toronto Dominion Bancorp holds 0.03% of its portfolio in ONEOK, Inc. (NYSE:OKE) for 144,103 shares.

Tel-Instrument Electronics Corp. designs, makes, and sells avionics test and measurement solutions for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. The company has market cap of $8.14 million. It operates in two divisions, Avionics Government and Avionics Commercial. It currently has negative earnings. The firm provides instruments to test, measure, calibrate, and repair a range of airborne navigation and communication equipment.

The stock increased 1.84% or $0.05 during the last trading session, reaching $2.5. About 6,698 shares traded. Tel-Instrument Electronics Corp. (NYSEAMERICAN:TIK) has declined 2.84% since March 7, 2017 and is downtrending. It has underperformed by 19.54% the S&P500.