Retireful LLC acquired a new position in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 13,439 shares of the pipeline company's stock, valued at approximately $727,000.
A number of other hedge funds have also made changes to their positions in the business. Legacy Investment Solutions LLC purchased a new position in Williams Companies in the third quarter valued at approximately $30,000. Rosenberg Matthew Hamilton increased its position in shares of Williams Companies by 50.4% during the third quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company's stock worth $34,000 after purchasing an additional 252 shares in the last quarter. Quarry LP purchased a new stake in shares of Williams Companies in the 2nd quarter valued at about $35,000. FSA Wealth Management LLC acquired a new stake in shares of Williams Companies in the 3rd quarter valued at about $38,000. Finally, Fortitude Family Office LLC grew its stake in Williams Companies by 120.8% during the 3rd quarter. Fortitude Family Office LLC now owns 996 shares of the pipeline company's stock worth $45,000 after buying an additional 545 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company's stock.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on WMB shares. Scotiabank reissued a "sector perform" rating and issued a $51.00 price objective on shares of Williams Companies in a report on Friday, January 10th. UBS Group upped their target price on shares of Williams Companies from $55.00 to $70.00 and gave the company a "buy" rating in a report on Friday, November 15th. Citigroup raised their price target on Williams Companies from $45.00 to $52.00 and gave the stock a "buy" rating in a report on Thursday, October 3rd. Mizuho increased their price objective on Williams Companies from $47.00 to $56.00 and gave the stock an "outperform" rating in a research report on Monday, November 4th. Finally, CIBC lifted their target price on Williams Companies from $45.00 to $54.00 and gave the company a "neutral" rating in a research note on Tuesday, October 22nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $53.00.
Get Our Latest Stock Analysis on Williams Companies
Insiders Place Their Bets
In related news, CAO Mary A. Hausman sold 7,951 shares of Williams Companies stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $56.30, for a total transaction of $447,641.30. Following the completion of the sale, the chief accounting officer now owns 25,858 shares in the company, valued at approximately $1,455,805.40. This trade represents a 23.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.44% of the stock is currently owned by company insiders.
Williams Companies Price Performance
Williams Companies stock traded up $0.04 during mid-day trading on Friday, reaching $59.22. The company had a trading volume of 8,207,230 shares, compared to its average volume of 7,068,557. The stock's 50-day simple moving average is $56.08 and its 200-day simple moving average is $49.59. The Williams Companies, Inc. has a 1 year low of $32.65 and a 1 year high of $60.36. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51. The company has a market capitalization of $72.19 billion, a P/E ratio of 24.99, a P/E/G ratio of 5.36 and a beta of 1.06.
Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.01. The firm had revenue of $2.65 billion during the quarter, compared to analysts' expectations of $2.52 billion. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. Williams Companies's revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.45 earnings per share. On average, equities analysts predict that The Williams Companies, Inc. will post 1.92 EPS for the current year.
Williams Companies Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were paid a $0.475 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.90 dividend on an annualized basis and a yield of 3.21%. Williams Companies's payout ratio is 80.17%.
Williams Companies Profile
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Free Report)
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.
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