TD Private Client Wealth LLC Sells 22,916 Shares of The Williams Companies, Inc. (NYSE:WMB)

TD Private Client Wealth LLC lessened its stake in The Williams Companies, Inc. (NYSE:WMB - Free Report) by 33.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,930 shares of the pipeline company's stock after selling 22,916 shares during the quarter. TD Private Client Wealth LLC's holdings in Williams Companies were worth $2,432,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Quent Capital LLC acquired a new position in Williams Companies during the fourth quarter worth approximately $25,000. Bank of Jackson Hole Trust acquired a new position in shares of Williams Companies during the 4th quarter worth approximately $25,000. AlphaMark Advisors LLC bought a new stake in Williams Companies in the 4th quarter valued at $27,000. Sandy Spring Bank acquired a new stake in Williams Companies during the 4th quarter valued at $27,000. Finally, Legacy Investment Solutions LLC bought a new position in Williams Companies during the third quarter worth $30,000. 86.44% of the stock is owned by institutional investors.

Williams Companies Price Performance

NYSE WMB traded down $0.31 on Tuesday, hitting $60.78. 6,528,794 shares of the company's stock were exchanged, compared to its average volume of 6,183,568. The stock has a 50-day moving average of $57.25 and a 200-day moving average of $54.29. The stock has a market cap of $74.11 billion, a price-to-earnings ratio of 33.21, a P/E/G ratio of 5.01 and a beta of 1.03. The Williams Companies, Inc. has a 52 week low of $37.18 and a 52 week high of $61.67. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67.

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Williams Companies (NYSE:WMB - Get Free Report) last announced 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 expect that The Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.50 per share. The ex-dividend date 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 dividend yield of 3.29%. Williams Companies's payout ratio is 109.29%.

Insider Buying and Selling

In other Williams Companies news, SVP Larry C. Larsen sold 8,000 shares of the company's stock in a transaction dated 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 transaction, the senior vice president now owns 81,265 shares of the company's stock, valued at $4,627,229.10. This represents a 8.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Chad A. Teply sold 26,000 shares of Williams Companies stock in a transaction dated 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 directly owns 133,048 shares in the company, valued at $7,511,890.08. The trade was 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 worth $7,563,278 in the last three months. 0.44% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

WMB has been the subject of a number of research reports. Morgan Stanley raised their target price on shares of Williams Companies from $58.00 to $70.00 and gave the stock an "overweight" rating in a research note on Tuesday. Barclays boosted their price objective on Williams Companies from $56.00 to $58.00 and gave the stock an "equal weight" rating in a report on Friday. Citigroup lifted their price target on Williams Companies from $63.00 to $65.00 and gave the stock a "buy" rating in a report on Tuesday, February 25th. Royal Bank of Canada upped their price objective on Williams Companies from $62.00 to $63.00 and gave the company an "outperform" rating in a report on Tuesday, March 4th. Finally, Scotiabank lifted their target price on Williams Companies from $51.00 to $53.00 and gave the stock a "sector perform" rating in a report on Thursday, March 6th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $56.07.

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.