Williams Companies, Inc. (The) (WMB) Insider Robyn L. Ewing Sells 10,000 Shares

Williams Companies, Inc. (The) (NYSE:WMB) insider Robyn L. Ewing sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 23rd. The shares were sold at an average price of $30.57, for a total transaction of $305,700.00. Following the completion of the sale, the insider now directly owns 42,903 shares in the company, valued at approximately $1,311,544.71. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Williams Companies, Inc. (NYSE:WMB) opened at 29.12 on Friday. The stock’s 50 day moving average is $29.77 and its 200-day moving average is $29.59. The stock has a market capitalization of $24.06 billion, a price-to-earnings ratio of 1941.33 and a beta of 1.33. Williams Companies, Inc. has a 12 month low of $19.60 and a 12 month high of $32.69.

Williams Companies, Inc. (The) (NYSE:WMB) last posted its quarterly earnings results on Wednesday, May 3rd. The pipeline company reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by $0.06. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.98 billion. Williams Companies, Inc. (The) had a net margin of 0.18% and a return on equity of 3.74%. During the same period in the prior year, the company posted $0.03 earnings per share. On average, equities research analysts expect that Williams Companies, Inc. will post $0.97 earnings per share for the current year.

Insider Buying and Selling by Quarter for Williams Companies, Inc. (The) (NYSE:WMB)

The company also recently declared a quarterly dividend, which will be paid on Monday, June 26th. Investors of record on Friday, June 9th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.12%. The ex-dividend date of this dividend is Wednesday, June 7th. Williams Companies, Inc. (The)’s dividend payout ratio is currently -3,998.67%.

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Large investors have recently bought and sold shares of the stock. SeaBridge Investment Advisors LLC purchased a new stake in Williams Companies, Inc. (The) during the first quarter valued at about $109,000. Massey Quick & Co. LLC purchased a new stake in Williams Companies, Inc. (The) during the first quarter valued at about $121,000. Parallel Advisors LLC raised its stake in Williams Companies, Inc. (The) by 124.1% in the first quarter. Parallel Advisors LLC now owns 4,646 shares of the pipeline company’s stock valued at $143,000 after buying an additional 2,573 shares in the last quarter. Acrospire Investment Management LLC raised its stake in Williams Companies, Inc. (The) by 27.0% in the first quarter. Acrospire Investment Management LLC now owns 4,700 shares of the pipeline company’s stock valued at $139,000 after buying an additional 1,000 shares in the last quarter. Finally, JJJ Advisors Inc. bought a new stake in shares of Williams Companies, Inc. (The) during the fourth quarter valued at $165,000. 85.67% of the stock is currently owned by institutional investors and hedge funds.

WMB has been the topic of several analyst reports. Zacks Investment Research cut shares of Williams Companies, Inc. (The) from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 22nd. Goldman Sachs Group, Inc. (The) raised shares of Williams Companies, Inc. (The) from a “buy” rating to a “conviction-buy” rating in a report on Wednesday, March 1st. Jefferies Group LLC set a $33.00 target price on shares of Williams Companies, Inc. (The) and gave the company a “buy” rating in a report on Monday, March 20th. BMO Capital Markets set a $32.00 target price on shares of Williams Companies, Inc. (The) and gave the company a “buy” rating in a report on Wednesday, March 22nd. Finally, Citigroup Inc. raised shares of Williams Companies, Inc. (The) from a “neutral” rating to a “buy” rating and raised their target price for the company from $32.00 to $36.00 in a report on Friday, April 7th. Six investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $32.39.

About Williams Companies, Inc. (The)

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

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