The Williams Companies, Inc. (NYSE:WMB) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its position in The Williams Companies, Inc. (NYSE:WMB) by 7.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 188,618 shares of the pipeline company’s stock after selling 14,695 shares during the quarter. Yousif Capital Management LLC’s holdings in Williams Companies were worth $6,570,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of WMB. Patten Group Inc. lifted its stake in shares of Williams Companies by 1.3% during the fourth quarter. Patten Group Inc. now owns 23,899 shares of the pipeline company’s stock worth $832,000 after buying an additional 296 shares during the period. Insigneo Advisory Services LLC raised its holdings in shares of Williams Companies by 2.9% during the third quarter. Insigneo Advisory Services LLC now owns 10,476 shares of the pipeline company’s stock worth $353,000 after purchasing an additional 298 shares during the last quarter. Horan Securities Inc. raised its holdings in shares of Williams Companies by 2.6% during the third quarter. Horan Securities Inc. now owns 11,753 shares of the pipeline company’s stock worth $396,000 after purchasing an additional 300 shares during the last quarter. Graypoint LLC raised its holdings in shares of Williams Companies by 2.6% during the fourth quarter. Graypoint LLC now owns 12,263 shares of the pipeline company’s stock worth $427,000 after purchasing an additional 307 shares during the last quarter. Finally, Valley National Advisers Inc. raised its holdings in shares of Williams Companies by 20.8% during the third quarter. Valley National Advisers Inc. now owns 1,803 shares of the pipeline company’s stock worth $61,000 after purchasing an additional 310 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Stock Up 0.5 %

Shares of NYSE WMB opened at $39.45 on Friday. The Williams Companies, Inc. has a 12-month low of $28.27 and a 12-month high of $39.76. The stock has a market cap of $48.07 billion, a PE ratio of 15.06, a P/E/G ratio of 6.14 and a beta of 1.05. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 1.57. The company has a 50-day moving average of $37.35 and a 200 day moving average of $35.85.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. Williams Companies had a net margin of 29.22% and a return on equity of 16.20%. During the same quarter in the previous year, the firm posted $0.53 earnings per share. As a group, sell-side analysts predict that The Williams Companies, Inc. will post 1.83 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 4.82%. Williams Companies’s dividend payout ratio (DPR) is 72.52%.

Analysts Set New Price Targets

Several brokerages recently issued reports on WMB. Barclays raised their target price on shares of Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a report on Thursday, April 11th. Wolfe Research reaffirmed an “underperform” rating and issued a $34.00 price objective on shares of Williams Companies in a report on Thursday, April 18th. Truist Financial lifted their price objective on shares of Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a report on Monday, March 25th. Finally, UBS Group lifted their price objective on shares of Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a report on Friday, April 12th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $39.22.

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.