20,113 Shares in The Williams Companies, Inc. (NYSE:WMB) Acquired by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC purchased a new position in The Williams Companies, Inc. (NYSE:WMB) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 20,113 shares of the pipeline company’s stock, valued at approximately $403,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Tortoise Capital Advisors L.L.C. increased its stake in The Williams Companies by 17.7% in the 3rd quarter. Tortoise Capital Advisors L.L.C. now owns 21,712,057 shares of the pipeline company’s stock worth $426,642,000 after acquiring an additional 3,264,573 shares during the last quarter. Morgan Stanley increased its stake in The Williams Companies by 22.8% in the 3rd quarter. Morgan Stanley now owns 10,845,604 shares of the pipeline company’s stock worth $213,115,000 after acquiring an additional 2,011,121 shares during the last quarter. CI Investments Inc. increased its stake in The Williams Companies by 8.9% in the 4th quarter. CI Investments Inc. now owns 9,593,804 shares of the pipeline company’s stock worth $192,356,000 after acquiring an additional 787,025 shares during the last quarter. Nuveen Asset Management LLC increased its stake in The Williams Companies by 2.3% in the 3rd quarter. Nuveen Asset Management LLC now owns 6,133,332 shares of the pipeline company’s stock worth $120,520,000 after acquiring an additional 137,011 shares during the last quarter. Finally, CIBC World Markets Inc. increased its stake in The Williams Companies by 274.2% in the 4th quarter. CIBC World Markets Inc. now owns 4,061,954 shares of the pipeline company’s stock worth $81,442,000 after acquiring an additional 2,976,370 shares during the last quarter. 83.57% of the stock is currently owned by institutional investors.

WMB stock opened at $23.33 on Tuesday. The Williams Companies, Inc. has a 1-year low of $8.41 and a 1-year high of $23.30. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.96 and a quick ratio of 0.90. The company has a market capitalization of $28.31 billion, a P/E ratio of 208.29, a PEG ratio of 3.71 and a beta of 1.72. The business has a 50-day moving average price of $21.98 and a 200 day moving average price of $20.89.

The Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Sunday, February 21st. The pipeline company reported $0.31 EPS for the quarter, meeting the consensus estimate of $0.31. The Williams Companies had a net margin of 1.86% and a return on equity of 7.77%. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the previous year, the business posted $0.24 EPS. The company’s quarterly revenue was down 3.6% compared to the same quarter last year. On average, analysts anticipate that The Williams Companies, Inc. will post 1.04 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 29th. Stockholders of record on Friday, March 12th will be issued a $0.41 dividend. The ex-dividend date of this dividend is Thursday, March 11th. This represents a $1.64 annualized dividend and a dividend yield of 7.03%. This is a positive change from The Williams Companies’s previous quarterly dividend of $0.40. The Williams Companies’s payout ratio is currently 161.62%.

WMB has been the topic of a number of research reports. Morgan Stanley downgraded The Williams Companies from an “overweight” rating to an “equal weight” rating in a research note on Friday, December 11th. Raymond James boosted their target price on The Williams Companies from $24.00 to $25.00 and gave the company a “strong-buy” rating in a research report on Thursday, January 14th. Smith Barney Citigroup assumed coverage on The Williams Companies in a research report on Thursday, December 3rd. They set an “outperform” rating and a $25.00 target price on the stock. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell assumed coverage on The Williams Companies in a research report on Thursday, December 3rd. They set an “outperform” rating and a $25.00 target price on the stock. Finally, Mizuho boosted their target price on The Williams Companies from $24.00 to $26.00 and gave the company a “buy” rating in a research report on Wednesday, January 20th. Two analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $23.71.

About The Williams Companies

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Atlantic-Gulf, Northeast G&P, and West segments. The Atlantic-Gulf segment comprises Transco, an interstate natural gas pipeline; and natural gas gathering and processing, and crude oil production handling and transportation assets.

Further Reading: What are the components of an earnings report?

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

Receive News & Ratings for The Williams Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Williams Companies and related companies with MarketBeat.com's FREE daily email newsletter.