Williams Companies Inc (WMB) Stake Lessened by Uniplan Investment Counsel Inc.

Uniplan Investment Counsel Inc. trimmed its position in Williams Companies Inc (NYSE:WMB) by 9.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 269,420 shares of the pipeline company’s stock after selling 27,673 shares during the period. Uniplan Investment Counsel Inc.’s holdings in Williams Companies were worth $5,940,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Sun Life Financial INC raised its stake in Williams Companies by 0.9% in the fourth quarter. Sun Life Financial INC now owns 53,947 shares of the pipeline company’s stock valued at $1,190,000 after purchasing an additional 462 shares in the last quarter. JOYN Advisors Inc. grew its position in Williams Companies by 57.9% during the fourth quarter. JOYN Advisors Inc. now owns 1,262 shares of the pipeline company’s stock valued at $28,000 after acquiring an additional 463 shares during the last quarter. Destination Wealth Management grew its position in Williams Companies by 14.2% during the fourth quarter. Destination Wealth Management now owns 3,779 shares of the pipeline company’s stock valued at $83,000 after acquiring an additional 469 shares during the last quarter. JNBA Financial Advisors grew its position in Williams Companies by 68.6% during the fourth quarter. JNBA Financial Advisors now owns 1,180 shares of the pipeline company’s stock valued at $26,000 after acquiring an additional 480 shares during the last quarter. Finally, Capital Investment Advisors LLC grew its position in Williams Companies by 0.7% during the fourth quarter. Capital Investment Advisors LLC now owns 67,825 shares of the pipeline company’s stock valued at $1,496,000 after acquiring an additional 484 shares during the last quarter. 89.34% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have commented on WMB shares. Barclays upgraded shares of Williams Companies from an “equal weight” rating to an “overweight” rating and set a $31.00 price target on the stock in a research report on Wednesday, January 16th. Zacks Investment Research cut shares of Williams Companies from a “buy” rating to a “hold” rating in a research report on Saturday, January 26th. Evercore ISI began coverage on shares of Williams Companies in a research report on Tuesday, February 5th. They set an “outperform” rating on the stock. Mizuho began coverage on shares of Williams Companies in a report on Wednesday, November 28th. They issued a “buy” rating and a $32.00 target price on the stock. Finally, Bank of America set a $30.00 target price on shares of Williams Companies and gave the stock a “buy” rating in a report on Thursday, February 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and fifteen have assigned a buy rating to the company’s stock. Williams Companies currently has a consensus rating of “Buy” and a consensus price target of $32.07.

In related news, Director Kathleen B. Cooper sold 9,615 shares of Williams Companies stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of $27.39, for a total value of $263,354.85. Following the sale, the director now owns 32,272 shares in the company, valued at $883,930.08. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Walter J. Bennett sold 14,859 shares of Williams Companies stock in a transaction on Monday, February 25th. The shares were sold at an average price of $27.13, for a total transaction of $403,124.67. Following the completion of the sale, the insider now owns 116,881 shares in the company, valued at approximately $3,170,981.53. The disclosure for this sale can be found here. Insiders own 0.50% of the company’s stock.

Shares of Williams Companies stock opened at $27.56 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.40. Williams Companies Inc has a 52-week low of $20.36 and a 52-week high of $32.22. The company has a market capitalization of $33.37 billion, a PE ratio of 34.89, a PEG ratio of 4.40 and a beta of 1.72.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, February 13th. The pipeline company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.03). The company had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.53 billion. Williams Companies had a negative net margin of 1.78% and a positive return on equity of 4.83%. During the same quarter last year, the firm earned $0.36 EPS. As a group, analysts predict that Williams Companies Inc will post 0.96 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, March 25th. Investors of record on Friday, March 8th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Thursday, March 7th. This represents a $1.52 annualized dividend and a yield of 5.52%. This is a boost from Williams Companies’s previous quarterly dividend of $0.34. Williams Companies’s payout ratio is 192.41%.

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

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