Osborn Williams & Donohoe LLC lowered its position in shares of Williams Companies Inc (NYSE:WMB) by 15.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,996 shares of the pipeline company’s stock after selling 4,775 shares during the period. Osborn Williams & Donohoe LLC’s holdings in Williams Companies were worth $823,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. State of Alaska Department of Revenue boosted its position in Williams Companies by 101.2% during the 4th quarter. State of Alaska Department of Revenue now owns 94,512 shares of the pipeline company’s stock valued at $2,880,000 after buying an additional 47,532 shares during the period. Syntal Capital Partners LLC lifted its position in shares of Williams Companies by 34.1% in the 4th quarter. Syntal Capital Partners LLC now owns 23,449 shares of the pipeline company’s stock worth $714,000 after purchasing an additional 5,967 shares during the period. Schwab Charles Investment Management Inc. lifted its position in shares of Williams Companies by 4.4% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 2,976,155 shares of the pipeline company’s stock worth $90,743,000 after purchasing an additional 126,329 shares during the period. National Pension Service lifted its position in shares of Williams Companies by 4.1% in the 4th quarter. National Pension Service now owns 833,174 shares of the pipeline company’s stock worth $25,403,000 after purchasing an additional 33,099 shares during the period. Finally, Whalerock Point Partners LLC purchased a new stake in shares of Williams Companies in the 4th quarter worth about $305,000. 84.76% of the stock is owned by institutional investors and hedge funds.
In related news, VP Ted T. Timmermans sold 1,500 shares of Williams Companies stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $28.75, for a total transaction of $43,125.00. Following the completion of the transaction, the vice president now directly owns 9,594 shares of the company’s stock, valued at approximately $275,827.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider James E. Scheel sold 26,915 shares of Williams Companies stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $33.00, for a total transaction of $888,195.00. The disclosure for this sale can be found here. Company insiders own 0.50% of the company’s stock.
WMB has been the subject of several research analyst reports. Zacks Investment Research cut shares of Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $38.00 target price on shares of Williams Companies in a research report on Tuesday, January 16th. Credit Suisse Group initiated coverage on shares of Williams Companies in a research report on Thursday, January 4th. They issued an “outperform” rating and a $36.00 target price for the company. Morgan Stanley dropped their target price on shares of Williams Companies from $34.00 to $33.00 and set an “overweight” rating for the company in a research report on Friday, November 17th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $37.00 target price on shares of Williams Companies in a research report on Friday, January 12th. One analyst has rated the stock with a sell rating, four have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Williams Companies presently has a consensus rating of “Buy” and an average price target of $34.42.
Shares of Williams Companies Inc (NYSE:WMB) traded up $0.02 during midday trading on Monday, reaching $32.30. 4,335,200 shares of the company were exchanged, compared to its average volume of 5,388,177. Williams Companies Inc has a one year low of $26.82 and a one year high of $33.43. The stock has a market cap of $27,080.00, a PE ratio of 56.67, a P/E/G ratio of 2.71 and a beta of 1.36. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.91 and a current ratio of 0.97.
Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Wednesday, November 1st. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.04). Williams Companies had a net margin of 5.90% and a return on equity of 3.23%. The business had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.79 billion. During the same period last year, the business earned $0.20 earnings per share. The company’s revenue was down .7% on a year-over-year basis. research analysts anticipate that Williams Companies Inc will post 0.64 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Friday, December 8th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, December 7th. This represents a $1.20 dividend on an annualized basis and a yield of 3.72%. Williams Companies’s dividend payout ratio (DPR) is currently 210.53%.
About Williams Companies
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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