Cetera Advisor Networks LLC Has $3.43 Million Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Cetera Advisor Networks LLC increased its position in shares of The Williams Companies, Inc. (NYSE:WMBGet Rating) by 7.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 110,011 shares of the pipeline company’s stock after acquiring an additional 7,745 shares during the period. Cetera Advisor Networks LLC’s holdings in Williams Companies were worth $3,434,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Royal Bank of Canada boosted its position in Williams Companies by 85.8% in the first quarter. Royal Bank of Canada now owns 16,352,215 shares of the pipeline company’s stock valued at $546,327,000 after buying an additional 7,551,749 shares in the last quarter. Vanguard Group Inc. boosted its position in Williams Companies by 6.3% in the first quarter. Vanguard Group Inc. now owns 122,908,600 shares of the pipeline company’s stock valued at $4,106,376,000 after buying an additional 7,243,812 shares in the last quarter. BlackRock Inc. boosted its position in Williams Companies by 5.0% in the first quarter. BlackRock Inc. now owns 113,613,075 shares of the pipeline company’s stock valued at $3,795,812,000 after buying an additional 5,388,309 shares in the last quarter. Bank of America Corp DE boosted its position in Williams Companies by 17.1% in the first quarter. Bank of America Corp DE now owns 35,897,960 shares of the pipeline company’s stock valued at $1,199,352,000 after buying an additional 5,244,814 shares in the last quarter. Finally, Deutsche Bank AG boosted its position in Williams Companies by 19.0% in the second quarter. Deutsche Bank AG now owns 30,845,787 shares of the pipeline company’s stock valued at $962,697,000 after buying an additional 4,925,183 shares in the last quarter. Institutional investors and hedge funds own 85.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Raymond James raised their target price on shares of Williams Companies from $40.00 to $42.00 and gave the company a “strong-buy” rating in a research report on Wednesday, August 3rd. Mizuho raised their price target on shares of Williams Companies from $39.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, August 3rd. Barclays dropped their price target on shares of Williams Companies from $39.00 to $35.00 and set an “overweight” rating for the company in a research note on Wednesday, October 19th. TD Securities raised their price target on shares of Williams Companies from $38.00 to $39.00 and gave the company a “buy” rating in a research note on Wednesday, August 3rd. Finally, Morgan Stanley dropped their price target on shares of Williams Companies from $40.00 to $38.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 19th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Williams Companies currently has a consensus rating of “Moderate Buy” and an average target price of $36.25.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 10,000 shares of Williams Companies stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $34.30, for a total transaction of $343,000.00. Following the completion of the transaction, the senior vice president now directly owns 188,489 shares in the company, valued at $6,465,172.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last ninety days, insiders sold 28,500 shares of company stock valued at $971,300. Corporate insiders own 0.43% of the company’s stock.

Williams Companies Trading Down 1.1 %

WMB opened at $33.83 on Thursday. The Williams Companies, Inc. has a 1-year low of $24.86 and a 1-year high of $37.97. The company has a current ratio of 0.88, a quick ratio of 0.80 and a debt-to-equity ratio of 1.62. The company has a market cap of $41.22 billion, a P/E ratio of 20.63, a price-to-earnings-growth ratio of 6.22 and a beta of 1.22. The company has a fifty day moving average price of $31.59 and a two-hundred day moving average price of $32.89.

Williams Companies (NYSE:WMBGet Rating) last posted its quarterly earnings results on Monday, October 31st. The pipeline company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.04. Williams Companies had a net margin of 17.72% and a return on equity of 14.73%. The firm had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $2.87 billion. During the same period in the previous year, the firm posted $0.34 earnings per share. The business’s revenue was up 22.1% compared to the same quarter last year. Analysts predict that The Williams Companies, Inc. will post 1.57 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 26th. Shareholders of record on Friday, December 9th will be paid a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 5.03%. The ex-dividend date is Thursday, December 8th. Williams Companies’s dividend payout ratio (DPR) is currently 103.66%.

About Williams Companies

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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 Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines.

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

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