Mutual of America Capital Management LLC Acquires 384 Shares of The Williams Companies, Inc. (NYSE:WMB)

Mutual of America Capital Management LLC grew its holdings in shares of The Williams Companies, Inc. (NYSE:WMB) by 0.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 267,800 shares of the pipeline company’s stock after acquiring an additional 384 shares during the period. Mutual of America Capital Management LLC’s holdings in Williams Companies were worth $14,493,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of WMB. Quent Capital LLC bought a new stake in shares of Williams Companies during the 4th quarter valued at $25,000. Bank of Jackson Hole Trust purchased a new position in shares of Williams Companies during the 4th quarter valued at $25,000. AlphaMark Advisors LLC purchased a new position in shares of Williams Companies during the 4th quarter valued at $27,000. Legacy Investment Solutions LLC purchased a new position in shares of Williams Companies during the 3rd quarter valued at $30,000. Finally, Financial Life Planners purchased a new position in shares of Williams Companies during the 4th quarter valued at $30,000. Institutional investors own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WMB. Scotiabank restated a “sector perform” rating and set a $51.00 target price on shares of Williams Companies in a research note on Friday, January 10th. The Goldman Sachs Group lifted their target price 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. Barclays lifted their target price on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. Mizuho lifted their target price on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Finally, UBS Group boosted their price target on shares of Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $54.21.

Insider Activity at Williams Companies

In related news, SVP Chad A. Teply sold 26,000 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the transaction, the senior vice president now directly owns 133,048 shares in the company, valued at approximately $7,511,890.08. This represents a 16.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.44% of the stock is currently owned by insiders.

Williams Companies Stock Performance

Williams Companies stock opened at $58.25 on Friday. The company’s 50-day moving average price is $56.53 and its 200-day moving average price is $52.66. The Williams Companies, Inc. has a twelve month low of $35.38 and a twelve month high of $61.46. The company has a quick ratio of 0.45, a current ratio of 0.50 and a debt-to-equity ratio of 1.67. The company has a market cap of $71.00 billion, a PE ratio of 31.83, a price-to-earnings-growth ratio of 5.01 and a beta of 1.05.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.47. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. On average, equities research analysts forecast that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.50 dividend. The ex-dividend date is Friday, March 14th. This is an increase 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 3.43%. Williams Companies’s payout ratio is 109.29%.

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.