AlphaQuest LLC Has $812,000 Holdings in The Williams Companies, Inc. (NYSE:WMB)

AlphaQuest LLC boosted its stake in The Williams Companies, Inc. (NYSE:WMB - Free Report) by 490.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,011 shares of the pipeline company's stock after purchasing an additional 12,467 shares during the quarter. AlphaQuest LLC's holdings in Williams Companies were worth $812,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quent Capital LLC bought a new position in Williams Companies in the 4th quarter valued at about $25,000. Bank of Jackson Hole Trust bought a new position in Williams Companies in the fourth quarter valued at approximately $25,000. AlphaMark Advisors LLC acquired a new position in Williams Companies during the fourth quarter valued at approximately $27,000. Legacy Investment Solutions LLC bought a new stake in Williams Companies during the third quarter worth $30,000. Finally, Financial Life Planners acquired a new stake in shares of Williams Companies in the 4th quarter valued at $30,000. Institutional investors own 86.44% of the company's stock.

Williams Companies Trading Down 0.8 %

WMB stock traded down $0.45 during trading on Thursday, hitting $55.85. The company had a trading volume of 981,699 shares, compared to its average volume of 7,756,337. The stock has a market cap of $68.10 billion, a PE ratio of 30.46, a PEG ratio of 5.01 and a beta of 1.03. The business has a 50-day moving average of $56.76 and a 200-day moving average of $53.35. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67. The Williams Companies, Inc. has a one year low of $36.56 and a one year high of $61.46.

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Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, meeting analysts' consensus estimates of $0.47. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. Research analysts predict that The Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.50 per share. 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 yield of 3.58%. The ex-dividend date of this dividend is Friday, March 14th. Williams Companies's dividend payout ratio (DPR) is presently 109.29%.

Analyst Ratings Changes

A number of equities analysts have recently commented on WMB shares. UBS Group boosted their price target on Williams Companies from $55.00 to $70.00 and gave the stock a "buy" rating in a report on Friday, November 15th. The Goldman Sachs Group increased their target price on shares of Williams Companies from $45.00 to $55.00 and gave the stock a "neutral" rating in a report on Tuesday, November 26th. Citigroup lifted their price target on shares of Williams Companies from $63.00 to $65.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. Barclays increased their price objective 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. Finally, Truist Financial boosted their target price on shares of Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $55.07.

Insider Activity

In other news, CAO Mary A. Hausman sold 8,896 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $57.50, for a total transaction of $511,520.00. Following the completion of the sale, the chief accounting officer now owns 22,339 shares of the company's stock, valued at $1,284,492.50. This trade represents a 28.48 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, COO Micheal G. Dunn sold 96,687 shares of Williams Companies stock in a transaction on Friday, March 7th. The shares were sold at an average price of $53.04, for a total transaction of $5,128,278.48. Following the completion of the sale, the chief operating officer now owns 714,693 shares of the company's stock, valued at $37,907,316.72. This represents a 11.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 131,583 shares of company stock valued at $7,107,758 in the last ninety days. 0.44% of the stock is owned by company 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.