Baader Bank Aktiengesellschaft Acquires New Position in The Williams Companies, Inc. (NYSE:WMB)

Baader Bank Aktiengesellschaft acquired a new stake in The Williams Companies, Inc. (NYSE:WMB) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 18,388 shares of the pipeline company’s stock, valued at approximately $781,000.

Several other large investors have also bought and sold shares of WMB. Western Pacific Wealth Management LP acquired a new position in Williams Companies in the fourth quarter valued at approximately $25,000. Rise Advisors LLC acquired a new stake in Williams Companies in the first quarter worth $27,000. Fairman Group LLC acquired a new stake in Williams Companies in the fourth quarter worth $31,000. Alaska Permanent Fund Corp acquired a new stake in Williams Companies in the first quarter worth $46,000. Finally, EntryPoint Capital LLC acquired a new stake in Williams Companies in the first quarter worth $50,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on WMB. Royal Bank of Canada increased their target price on shares of Williams Companies from $40.00 to $44.00 and gave the stock an “outperform” rating in a report on Thursday, June 13th. US Capital Advisors lowered shares of Williams Companies from an “overweight” rating to a “hold” rating in a report on Monday, April 29th. Scotiabank increased their price objective on shares of Williams Companies from $43.00 to $48.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 8th. Stifel Nicolaus increased their price objective on shares of Williams Companies from $40.00 to $43.00 and gave the stock a “buy” rating in a research report on Wednesday, May 8th. Finally, Morgan Stanley increased their price objective on shares of Williams Companies from $45.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Monday, June 10th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $42.50.

Williams Companies Stock Up 1.1 %

Williams Companies stock traded up $0.49 during mid-day trading on Thursday, reaching $43.88. The company’s stock had a trading volume of 4,072,084 shares, compared to its average volume of 6,575,557. The company has a market capitalization of $53.48 billion, a price-to-earnings ratio of 18.23, a price-to-earnings-growth ratio of 6.82 and a beta of 1.05. The Williams Companies, Inc. has a 12 month low of $32.49 and a 12 month high of $45.10. The business’s 50 day simple moving average is $42.52 and its 200 day simple moving average is $39.42. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.39 and a current ratio of 0.45.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, August 5th. The pipeline company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.05. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.46 billion. Williams Companies had a net margin of 27.11% and a return on equity of 16.17%. The firm’s revenue for the quarter was down 5.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.42 earnings per share. As a group, research analysts anticipate that The Williams Companies, Inc. will post 1.84 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be given a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date of this dividend is Friday, September 13th. Williams Companies’s dividend payout ratio (DPR) is currently 79.83%.

Williams Companies Company 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.