Capital Advisors Inc. OK Sells 95,991 Shares of The Williams Companies, Inc. (NYSE:WMB)

Capital Advisors Inc. OK reduced its position in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 4.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,308,703 shares of the pipeline company's stock after selling 95,991 shares during the period. Williams Companies makes up approximately 2.1% of Capital Advisors Inc. OK's portfolio, making the stock its 6th largest position. Capital Advisors Inc. OK owned about 0.19% of Williams Companies worth $105,392,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Blackstone Inc. lifted its holdings in shares of Williams Companies by 109.1% in the first quarter. Blackstone Inc. now owns 6,466,660 shares of the pipeline company's stock valued at $252,006,000 after purchasing an additional 3,373,800 shares in the last quarter. Jennison Associates LLC raised its position in shares of Williams Companies by 40.1% during the 1st quarter. Jennison Associates LLC now owns 5,753,223 shares of the pipeline company's stock worth $224,203,000 after purchasing an additional 1,647,469 shares during the last quarter. Castle Hook Partners LP purchased a new stake in Williams Companies in the 1st quarter valued at approximately $57,220,000. Clearbridge Investments LLC grew its holdings in Williams Companies by 5.9% during the 1st quarter. Clearbridge Investments LLC now owns 20,983,727 shares of the pipeline company's stock valued at $817,736,000 after buying an additional 1,175,628 shares during the last quarter. Finally, American Century Companies Inc. increased its position in Williams Companies by 20.1% during the second quarter. American Century Companies Inc. now owns 6,117,298 shares of the pipeline company's stock worth $259,985,000 after buying an additional 1,024,158 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company's stock.

Analyst Ratings Changes

Several analysts have recently issued reports on WMB shares. CIBC upped their price objective on Williams Companies from $45.00 to $54.00 and gave the company a "neutral" rating in a research report on Tuesday, October 22nd. Scotiabank lifted their price target on shares of Williams Companies from $43.00 to $48.00 and gave the stock a "sector perform" rating in a report on Thursday, August 8th. StockNews.com downgraded shares of Williams Companies from a "buy" rating to a "hold" rating in a research note on Tuesday, August 6th. UBS Group lifted their target price on shares of Williams Companies from $51.00 to $55.00 and gave the stock a "buy" rating in a research note on Wednesday, September 18th. Finally, Citigroup boosted their price target on Williams Companies from $45.00 to $52.00 and gave the company a "buy" rating in a report on Thursday, October 3rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $48.62.

Williams Companies Trading Down 1.5 %

WMB traded down $0.81 on Friday, reaching $51.56. 5,640,793 shares of the company's stock were exchanged, compared to its average volume of 5,684,137. The Williams Companies, Inc. has a twelve month low of $32.65 and a twelve month high of $52.85. The company's 50 day moving average is $47.90 and its 200-day moving average is $43.81. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.39 and a current ratio of 0.45. The company has a market cap of $62.84 billion, a price-to-earnings ratio of 22.13, a PEG ratio of 5.87 and a beta of 1.03.

Williams Companies (NYSE:WMB - Get Free Report) last released its quarterly earnings data on Monday, August 5th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.05. The company had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.46 billion. Williams Companies had a net margin of 27.11% and a return on equity of 16.17%. The business's quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.42 earnings per share. Equities analysts predict that The Williams Companies, Inc. will post 1.91 earnings per share for the current year.

Insiders Place Their Bets

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $45.29, for a total value of $90,580.00. Following the completion of the sale, the senior vice president now owns 304,200 shares in the company, valued at approximately $13,777,218. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.44% of the stock is currently owned by insiders.

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.