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Shelton Capital Management Buys 17,488 Shares of The Williams Companies, Inc. (NYSE:WMB)

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Shelton Capital Management increased its stake in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 22.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,686 shares of the pipeline company's stock after purchasing an additional 17,488 shares during the quarter. Shelton Capital Management's holdings in Williams Companies were worth $5,124,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WMB. Baader Bank Aktiengesellschaft lifted its position in Williams Companies by 3.3% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company's stock worth $300,000 after buying an additional 180 shares during the period. Albion Financial Group UT lifted its holdings in shares of Williams Companies by 18.4% during the 4th quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company's stock worth $64,000 after acquiring an additional 184 shares during the period. Sprinkle Financial Consultants LLC boosted its position in shares of Williams Companies by 3.8% in the fourth quarter. Sprinkle Financial Consultants LLC now owns 5,073 shares of the pipeline company's stock worth $275,000 after acquiring an additional 185 shares during the last quarter. AMG National Trust Bank grew its holdings in Williams Companies by 0.6% in the fourth quarter. AMG National Trust Bank now owns 30,813 shares of the pipeline company's stock valued at $1,669,000 after purchasing an additional 186 shares during the period. Finally, Tower Wealth Partners Inc. increased its position in Williams Companies by 4.3% during the fourth quarter. Tower Wealth Partners Inc. now owns 4,591 shares of the pipeline company's stock worth $248,000 after purchasing an additional 191 shares during the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Citigroup boosted their price objective on shares of Williams Companies from $63.00 to $65.00 and gave the company a "buy" rating in a research note on Tuesday, February 25th. Scotiabank upped their price target on Williams Companies from $51.00 to $53.00 and gave the stock a "sector perform" rating in a research note on Thursday, March 6th. Royal Bank of Canada lifted their price objective on Williams Companies from $62.00 to $63.00 and gave the company an "outperform" rating in a research note on Tuesday, March 4th. CIBC increased their target price on shares of Williams Companies from $56.00 to $57.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 4th. Finally, Barclays lifted their price target on shares of Williams Companies from $56.00 to $58.00 and gave the company an "equal weight" rating in a research report on Friday, March 21st. One investment 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $56.07.

View Our Latest Stock Report on WMB

Williams Companies Stock Up 2.1 %

Shares of Williams Companies stock traded up $1.17 during trading on Friday, hitting $56.24. 7,477,342 shares of the stock traded hands, compared to its average volume of 6,666,684. The company has a fifty day moving average price of $57.22 and a two-hundred day moving average price of $55.43. The Williams Companies, Inc. has a twelve month low of $37.18 and a twelve month high of $61.67. The stock has a market cap of $68.58 billion, a P/E ratio of 30.73, a PEG ratio of 5.01 and a beta of 0.87. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.45 and a current ratio of 0.50.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly 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 return on equity of 15.85% and a net margin of 21.17%. Equities research analysts predict that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a dividend of $0.50 per share. This is a boost from Williams Companies's previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a yield of 3.56%. The ex-dividend date of this dividend was Friday, March 14th. Williams Companies's dividend payout ratio is presently 109.29%.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Larry C. Larsen sold 8,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $56.94, for a total value of $455,520.00. Following the completion of the sale, the senior vice president now owns 81,265 shares in the company, valued at approximately $4,627,229.10. This trade represents a 8.96 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Chad A. Teply sold 26,000 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $56.46, for a total value of $1,467,960.00. Following the sale, the senior vice president now owns 133,048 shares in the company, valued at approximately $7,511,890.08. This represents a 16.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 139,583 shares of company stock valued at $7,563,278 in the last ninety days. Company insiders own 0.44% of the company's stock.

About Williams Companies

(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.

Further Reading

Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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