Catalyst Capital Advisors LLC Has $15.75 Million Holdings in The Williams Companies, Inc. (NYSE:WMB)

Catalyst Capital Advisors LLC decreased its position in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 5.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 291,047 shares of the pipeline company's stock after selling 18,109 shares during the period. Catalyst Capital Advisors LLC's holdings in Williams Companies were worth $15,751,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Quent Capital LLC bought a new stake in shares of Williams Companies in the fourth quarter valued at approximately $25,000. AlphaMark Advisors LLC acquired a new position in Williams Companies in the 4th quarter valued at $27,000. Financial Life Planners bought a new stake in shares of Williams Companies during the 4th quarter valued at $30,000. SOA Wealth Advisors LLC. acquired a new stake in shares of Williams Companies during the 4th quarter worth $32,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of Williams Companies in the third quarter worth $30,000. Institutional investors and hedge funds own 86.44% of the company's stock.

Analysts Set New Price Targets

WMB has been the subject of several recent analyst reports. Scotiabank reaffirmed a "sector perform" rating and set a $51.00 price objective on shares of Williams Companies in a research report on Friday, January 10th. Truist Financial upped their price target on shares of Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a report on Friday, February 14th. Mizuho lifted their price objective 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. The Goldman Sachs Group upped their target price on Williams Companies from $45.00 to $55.00 and gave the stock a "neutral" rating in a research note on Tuesday, November 26th. Finally, Barclays lifted their price target on Williams Companies from $46.00 to $56.00 and gave the company an "equal weight" rating in a research note on Friday, January 10th. 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 company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $53.29.

Williams Companies Trading Up 0.3 %

Williams Companies stock traded up $0.19 during mid-day trading on Thursday, hitting $58.46. 6,417,482 shares of the stock were exchanged, compared to its average volume of 7,606,994. The Williams Companies, Inc. has a 12 month low of $34.13 and a 12 month high of $61.46. The firm's fifty day simple moving average is $56.02 and its two-hundred day simple moving average is $52.03. The stock has a market capitalization of $71.27 billion, a price-to-earnings ratio of 31.95, a PEG ratio of 5.10 and a beta of 1.04. The company has a quick ratio of 0.45, a current ratio of 0.50 and a debt-to-equity ratio of 1.67.

Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly earnings data 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 forecast that The Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from Williams Companies's previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a yield of 3.42%. Williams Companies's dividend payout ratio is currently 103.83%.

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.