The Williams Companies, Inc. (NYSE:WMB) Shares Bought by Lee Johnson Capital Management LLC

Lee Johnson Capital Management LLC raised its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 1.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,257 shares of the pipeline company’s stock after purchasing an additional 1,599 shares during the quarter. Williams Companies comprises 2.6% of Lee Johnson Capital Management LLC’s holdings, making the stock its 11th biggest position. Lee Johnson Capital Management LLC’s holdings in Williams Companies were worth $4,939,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Legacy Investment Solutions LLC acquired a new stake in shares of Williams Companies in the third quarter worth $30,000. Rosenberg Matthew Hamilton grew its stake in shares of Williams Companies by 50.4% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock worth $34,000 after purchasing an additional 252 shares during the period. Quarry LP purchased a new position in shares of Williams Companies during the 2nd quarter valued at approximately $35,000. FSA Wealth Management LLC acquired a new position in shares of Williams Companies in the 3rd quarter valued at $38,000. Finally, Fortitude Family Office LLC increased its holdings in Williams Companies by 120.8% in the third quarter. Fortitude Family Office LLC now owns 996 shares of the pipeline company’s stock valued at $45,000 after buying an additional 545 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on WMB shares. Citigroup upped their price target on Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. Scotiabank reiterated a “sector perform” rating and set a $51.00 target price on shares of Williams Companies in a research report on Friday, January 10th. Morgan Stanley upgraded shares of Williams Companies from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $52.00 to $58.00 in a research report on Friday, October 4th. Barclays upped their price target on shares of Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Finally, Royal Bank of Canada boosted their price objective on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, Williams Companies has a consensus rating of “Hold” and a consensus target price of $53.00.

Williams Companies Trading Up 0.1 %

WMB opened at $59.22 on Monday. The business’s 50 day moving average price is $56.13 and its 200 day moving average price is $49.76. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57. The stock has a market capitalization of $72.19 billion, a PE ratio of 24.99, a P/E/G ratio of 5.36 and a beta of 1.06. The Williams Companies, Inc. has a one year low of $32.65 and a one year high of $60.36.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. The business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.52 billion. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The company’s revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.45 EPS. As a group, equities research analysts expect that The Williams Companies, Inc. will post 1.92 EPS for the current year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date was Friday, December 13th. Williams Companies’s dividend payout ratio (DPR) is 80.17%.

Insider Transactions at Williams Companies

In related news, CAO Mary A. Hausman sold 7,951 shares of Williams Companies stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the completion of the transaction, the chief accounting officer now owns 25,858 shares in the company, valued at approximately $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.44% of the company’s stock.

About Williams Companies

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.