Clarius Group LLC Has $494,000 Holdings in Williams Companies, Inc. (The) (NYSE:WMB)

Clarius Group LLC lessened its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 3.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,259 shares of the pipeline company’s stock after selling 337 shares during the quarter. Clarius Group LLC’s holdings in Williams Companies were worth $494,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Bank of Jackson Hole Trust acquired a new stake in shares of Williams Companies during the 4th quarter worth approximately $25,000. Menard Financial Group LLC acquired a new stake in shares of Williams Companies during the 4th quarter worth approximately $26,000. Sandy Spring Bank acquired a new stake in shares of Williams Companies during the 4th quarter worth approximately $27,000. Hoey Investments Inc. acquired a new stake in shares of Williams Companies during the 4th quarter worth approximately $28,000. Finally, Compass Planning Associates Inc acquired a new stake in shares of Williams Companies during the 4th quarter worth approximately $30,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

WMB has been the topic of a number of analyst reports. Citigroup upped their price target on Williams Companies from $63.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. CIBC upped their price target on Williams Companies from $56.00 to $57.00 and gave the company a “neutral” rating in a research report on Tuesday, March 4th. Morgan Stanley upped their price target on Williams Companies from $58.00 to $70.00 and gave the company an “overweight” rating in a research report on Tuesday, March 25th. Barclays upped their price target on Williams Companies from $56.00 to $58.00 and gave the company an “equal weight” rating in a research report on Friday, March 21st. Finally, Wells Fargo & Company upped their price target on Williams Companies from $64.00 to $67.00 and gave the company an “overweight” rating in a research report on Wednesday, May 28th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $61.25.

Williams Companies Price Performance

Shares of WMB stock opened at $59.10 on Thursday. The stock’s fifty day moving average is $58.89 and its 200-day moving average is $57.38. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.36 and a current ratio of 0.40. The stock has a market capitalization of $72.06 billion, a PE ratio of 31.60, a PEG ratio of 4.32 and a beta of 0.65. Williams Companies, Inc. has a 52 week low of $40.41 and a 52 week high of $61.67.

Williams Companies (NYSE:WMB) last announced its earnings results on Monday, May 5th. The pipeline company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.55 by $0.05. Williams Companies had a return on equity of 15.95% and a net margin of 21.18%. The company had revenue of $3.05 billion for the quarter, compared to analysts’ expectations of $2.90 billion. During the same quarter in the prior year, the business earned $0.59 earnings per share. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. Equities research analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.38%. The ex-dividend date of this dividend is Friday, June 13th. Williams Companies’s dividend payout ratio is 106.95%.

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.