Insigneo Advisory Services LLC Has $392,000 Stake in The Williams Companies, Inc. (NYSE:WMB)

Insigneo Advisory Services LLC cut its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 36.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,252 shares of the pipeline company’s stock after selling 4,182 shares during the quarter. Insigneo Advisory Services LLC’s holdings in Williams Companies were worth $392,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Quent Capital LLC bought a new position in shares of Williams Companies during the 4th quarter worth about $25,000. Bank of Jackson Hole Trust bought a new position in Williams Companies in the fourth quarter worth approximately $25,000. AlphaMark Advisors LLC acquired a new stake in Williams Companies in the fourth quarter valued at approximately $27,000. Sandy Spring Bank bought a new stake in shares of Williams Companies during the fourth quarter valued at approximately $27,000. Finally, Hoey Investments Inc. acquired a new position in shares of Williams Companies during the fourth quarter worth approximately $28,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Price Performance

Shares of NYSE WMB opened at $58.49 on Friday. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67. The stock has a fifty day simple moving average of $57.37 and a two-hundred day simple moving average of $55.72. The Williams Companies, Inc. has a 1-year low of $37.27 and a 1-year high of $61.67. The firm has a market cap of $71.32 billion, a price-to-earnings ratio of 31.96, a price-to-earnings-growth ratio of 5.01 and a beta of 0.87.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. Analysts anticipate that The Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a dividend of $0.50 per share. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date of this dividend was Friday, March 14th. Williams Companies’s dividend payout ratio is presently 109.29%.

Insider Buying and Selling

In other Williams Companies news, SVP Chad A. Teply sold 26,000 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the sale, the senior vice president now owns 133,048 shares in the company, valued at $7,511,890.08. This represents a 16.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Micheal G. Dunn sold 96,687 shares of Williams Companies stock in a transaction on Friday, March 7th. The shares were sold at an average price of $53.04, for a total value of $5,128,278.48. Following the completion of the transaction, the chief operating officer now owns 714,693 shares of the company’s stock, valued at approximately $37,907,316.72. This trade represents a 11.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 139,583 shares of company stock valued at $7,563,278. Company insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

WMB has been the subject of a number of recent research reports. Scotiabank boosted their price target on shares of Williams Companies from $51.00 to $53.00 and gave the company a “sector perform” rating in a research note on Thursday, March 6th. CIBC increased their price objective on Williams Companies from $56.00 to $57.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 4th. Royal Bank of Canada lifted their target price on Williams Companies from $62.00 to $63.00 and gave the company an “outperform” rating in a research report on Tuesday, March 4th. Truist Financial increased their price target on Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a research report on Friday, February 14th. Finally, Morgan Stanley upped their target price on shares of Williams Companies from $58.00 to $70.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $56.07.

Williams Companies 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.