Little House Capital LLC increased its holdings in The Williams Companies, Inc. (NYSE:WMB – Free Report) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,407 shares of the pipeline company’s stock after purchasing an additional 606 shares during the quarter. Little House Capital LLC’s holdings in Williams Companies were worth $2,512,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Wellington Management Group LLP grew its position in shares of Williams Companies by 19.0% in the 3rd quarter. Wellington Management Group LLP now owns 35,734,666 shares of the pipeline company’s stock valued at $1,631,288,000 after buying an additional 5,697,605 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Williams Companies by 3,490.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,600,239 shares of the pipeline company’s stock worth $86,605,000 after acquiring an additional 1,555,667 shares during the period. National Bank of Canada FI boosted its holdings in Williams Companies by 224.1% in the third quarter. National Bank of Canada FI now owns 1,334,307 shares of the pipeline company’s stock valued at $60,909,000 after acquiring an additional 922,550 shares during the last quarter. Castle Hook Partners LP increased its position in Williams Companies by 31.7% during the 3rd quarter. Castle Hook Partners LP now owns 2,989,278 shares of the pipeline company’s stock valued at $136,461,000 after purchasing an additional 718,915 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Williams Companies by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 30,722,702 shares of the pipeline company’s stock worth $1,398,004,000 after purchasing an additional 520,663 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
WMB has been the topic of a number of analyst reports. The Goldman Sachs Group upped their price objective on shares of Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a research note on Tuesday, November 26th. Scotiabank reaffirmed a “sector perform” rating and set a $51.00 price target on shares of Williams Companies in a research report on Friday, January 10th. Barclays lifted their price objective on Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. UBS Group upped their target price on Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Finally, Mizuho raised their target price on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $53.29.
Williams Companies Stock Performance
NYSE WMB opened at $57.00 on Friday. The company has a market cap of $69.48 billion, a P/E ratio of 24.05, a PEG ratio of 5.06 and a beta of 1.04. The company has a fifty day simple moving average of $55.85 and a 200 day simple moving average of $51.65. The company has a current ratio of 0.57, a quick ratio of 0.51 and a debt-to-equity ratio of 1.67. The Williams Companies, Inc. has a 12-month low of $33.03 and a 12-month high of $61.46.
Williams Companies (NYSE:WMB – Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.47. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. Sell-side analysts predict that The Williams Companies, Inc. will post 1.91 earnings per share for the current fiscal year.
Williams Companies Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Williams Companies’s previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a dividend yield of 3.51%. Williams Companies’s dividend payout ratio is 80.17%.
Williams Companies Company Profile
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.
Featured Articles
- Five stocks we like better than Williams Companies
- What is the S&P/TSX Index?
- Roblox’s Big Dip: A Chance to Get in on the Vaunted Gaming Stock?
- Quiet Period Expirations Explained
- 3 Dividend ETFs to Capitalize on the Slide in Chip Stocks
- How to Buy Cheap Stocks Step by Step
- Is Chevron Stock Primed for Growth After Profit-Boosting News?
Want to see what other hedge funds are holding WMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Williams Companies, Inc. (NYSE:WMB – Free Report).
Receive News & Ratings for Williams Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies and related companies with MarketBeat.com's FREE daily email newsletter.