Capital Management Associates NY increased its holdings in Williams Companies Inc (NYSE:WMB) by 12.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,222 shares of the pipeline company’s stock after acquiring an additional 3,722 shares during the period. Williams Companies comprises approximately 1.2% of Capital Management Associates NY’s portfolio, making the stock its 18th biggest holding. Capital Management Associates NY’s holdings in Williams Companies were worth $930,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Marshall Wace LLP lifted its position in shares of Williams Companies by 764.2% during the second quarter. Marshall Wace LLP now owns 166,746 shares of the pipeline company’s stock worth $4,520,000 after acquiring an additional 147,452 shares in the last quarter. Botty Investors LLC lifted its position in shares of Williams Companies by 104.6% during the third quarter. Botty Investors LLC now owns 58,831 shares of the pipeline company’s stock worth $1,600,000 after acquiring an additional 30,077 shares in the last quarter. Tredje AP fonden lifted its position in shares of Williams Companies by 97.9% during the second quarter. Tredje AP fonden now owns 307,565 shares of the pipeline company’s stock worth $8,338,000 after acquiring an additional 152,119 shares in the last quarter. Linscomb & Williams Inc. purchased a new stake in shares of Williams Companies during the second quarter worth $3,708,000. Finally, Swiss National Bank lifted its position in shares of Williams Companies by 3.1% during the second quarter. Swiss National Bank now owns 2,735,241 shares of the pipeline company’s stock worth $74,152,000 after acquiring an additional 82,700 shares in the last quarter. Institutional investors and hedge funds own 88.44% of the company’s stock.
Several equities research analysts have issued reports on WMB shares. US Capital Advisors restated a “buy” rating on shares of Williams Companies in a research report on Tuesday, July 17th. ValuEngine upgraded Williams Companies from a “sell” rating to a “hold” rating in a research report on Thursday, July 19th. Zacks Investment Research downgraded Williams Companies from a “hold” rating to a “sell” rating in a research report on Monday, July 23rd. Stifel Nicolaus began coverage on Williams Companies in a research report on Tuesday, August 7th. They set a “buy” rating and a $35.00 target price on the stock. Finally, UBS Group upped their price target on shares of Williams Companies from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Friday, August 10th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have issued a buy rating to the stock. Williams Companies presently has an average rating of “Buy” and an average price target of $33.07.
Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, October 31st. The pipeline company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.04. The firm had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.16 billion. Williams Companies had a net margin of 24.15% and a return on equity of 4.44%. During the same quarter in the prior year, the firm posted $0.04 earnings per share. As a group, sell-side analysts anticipate that Williams Companies Inc will post 0.77 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 31st. Investors of record on Friday, December 14th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 5.32%. Williams Companies’s dividend payout ratio is presently 215.87%.
In other news, Director Michael A. Creel bought 25,000 shares of Williams Companies stock in a transaction that occurred on Friday, November 2nd. The shares were acquired at an average price of $25.77 per share, with a total value of $644,250.00. Following the completion of the purchase, the director now directly owns 20,907 shares in the company, valued at $538,773.39. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider John D. Chandler bought 10,000 shares of Williams Companies stock in a transaction that occurred on Friday, November 2nd. The stock was purchased at an average cost of $25.94 per share, for a total transaction of $259,400.00. Following the purchase, the insider now owns 26,582 shares of the company’s stock, valued at $689,537.08. The disclosure for this purchase can be found here. In the last three months, insiders purchased 38,500 shares of company stock worth $993,625. 0.53% of the stock is owned by insiders.
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Williams Companies Profile
The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area.
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